Joan Rivers was heralded as a stellar performer, but she also left behind a legacy as an incredible businesswoman. Her estate included income, collectibles, and real estate that was estimated in value between $150 million and $250 million. She left behind detailed instructions for her assets after her death, which is rare in a society when many celebrity deaths highlight the weaknesses of their estate plans.
Photo Credit: breitbart.com
Looking at her careful planning, there are a few key lessons: be prepared for the unexpected, outline plans for pets, and correctly title the assets. Joan Rivers was also masterful in giving her family a brief overview of the estate plans to help improve clarity and reduce the possibility of arguments. Rivers made use of family trusts to reduce the tax burden for her beneficiaries and titled her assets
September 30, 2014 | Lessons from the Joan Rivers Estate
Joan Rivers was heralded as a stellar performer, but she also left behind a legacy as an incredible businesswoman. Her estate included income, collectibles, and ...
Learn MoreSeptember 29, 2014 | Should I Worry About Protecting My IRA?
This past June, an important ruling from the Supreme Court found that an inherited IRA is not protected as retirement funds. If a beneficiary of ...
Learn MoreSeptember 26, 2014 | New After-Tax Rollover Rules For Your 401(k)
New rules for your 401(k) could actually end up benefitting you. If you have saved after tax money in your 401(k) retirement account, it can ...
Learn More
September 25, 2014 | Estate planning
Used properly, a trust can be the right tool for managing or transferring your assets. Here are three common myths about trusts to help you ...
Learn MoreSeptember 24, 2014 | What Qualifies as a Digital Asset?
One of the biggest buzzword phrases in estate planning today is “digital asset”. But what does that mean, and how should you plan for it? ...
Learn More
September 23, 2014 | Asset Protection
Ensuring that your will is properly written and structured is critical for the will’s terms to be carried out in the manner you wish. Failing ...
Learn More
September 22, 2014 | Asset Protection
The close of another summer is a great time to think about your future plans for any family-owned vacation homes. It can be really hard ...
Learn MoreSeptember 18, 2014 | When LLC Members Pass Away: What Are Executor Rights?
A recent case highlights some of the questions surrounding the situation mentioned in the title. According to the default rule in New York, the death ...
Learn MoreSeptember 17, 2014 | When to Use a Family LLC
Most people have heard about LLCS, but you might not be aware of the best situations to use them when it comes to your family. ...
Learn MoreSeptember 16, 2014 | Self-Employment Tax and K-1 Income: What You Need to Know
What happens if you receive a K-1 from an LLC and there are self-employment earnings listed on line 14? Are you responsible for reporting those ...
Learn MoreClick here to see how we
can be of assistance.
This link offers a secure, quick way to complete your payment with Omni360 Advisors LLC.
Connect with us on Social Media using the following buttons:
Listen in, Join the Conversation!
An analysis of rolling periods from January 1970 through August 2026 illustrates how the historical return advantage of equities and bonds over cash has varied ...
<p>The post The Historical Advantage of Equities and Bonds Over Cash Has Been Greater Over Longer Holding Periods first appeared on Integrated Tax Planning, Legal Planning & Financial Planning.</p>
October 15, 2026 is an important federal tax deadline for many individuals and corporations that requested extensions. Here’s what taxpayers should know as the deadline ...
<p>The post October 2026 Tax Deadlines: What Individuals and Business Owners Should Know first appeared on Integrated Tax Planning, Legal Planning & Financial Planning.</p>
Explore the Q3 2026 economic outlook, including persistent inflation, changing Federal Reserve policy, cooling labor conditions, geopolitical risks, and considerations for long-term investors. The third ...
<p>The post Q3 2026 Quarterly Outlook: A Changing Fed, Persistent Inflation and What Investors Should Watch first appeared on Integrated Tax Planning, Legal Planning & Financial Planning.</p>
