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June 2014 Archives

Sting says no trust planning for him, he's spending all the money

By now, readers of this blog are well aware of the benefits of estate planning. Despite those benefits, some people choose to take an unusual stand on estate planning issues. When this happens, it can make for an interesting look into the way some people view their assets. Sting, the famed musician, has recently announced an unconventional method for handling his estate.

Estate planning in California for sperm donors

Those who have donated sperm in California may want to remember this when doing their estate planning, some experts say, to ensure that a child who is conceived after that person has already passed away does not then ask for part of the inheritance or money from a trust. This is something that they claim has not happened often, but it is theoretically possible. Also, people are turning to sperm banks more often now, so it could be more of a concern in the future.

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