In the midst of the current concerns regarding the coronavirus, we want our clients to know that the Altick & Corwin Co., L.P.A. office is open for business, but we are restricting visitors from coming to our offices.
Appointments are being handled over the telephone or through facetime and other means of communications.
The attorneys and staff are taking all necessary precautions to keep our employees healthy and physically distanced from each other. As far as we know, none of our employees have tested positive for COVID-19.
We encourage clients to continue to call or email our attorneys. If a call goes to the attorney’s voice mail, the attorney will receive an email of that call. Thus, all calls will be able to be returned to you, but please be patient in waiting for the return call.
We will update you as things change, but in the meantime, please do not hesitate to reach out to us if you have any questions or concerns.
Take care and be safe. Thank you.

What did Prince and Aretha Franklin have in common?

Well, they were certainly both mega-stars and monster musical legends. But there is more. They were both mega millionaires but neither one of them did any estate planning, nothing. Neither Prince nor Aretha had a will or a trust. They both passed away leaving their massive estates to be decided by feuding relatives who will be tied up in courts for years to come. This is just astonishing. Even more so because my understanding is that they both keep tight reins on their business arrangements and finances. How did they let this happen? I suspect we will never know.

For most people estate planning is surprisingly simple and very effective. Most people do not even need trusts. Trusts have a valid place in estate planning but very few people actually need them. Most of us can have a very effective estate plan by having in place joint or payable on death financial accounts, named beneficiaries on life insurance policies and IRA’s, joint survivorship or “transfer on death” deeds for real estate, and the proper titling of motor vehicles.

We all want to have estates like Prince or Aretha Franklin but none of us want to leave our loved ones with the years of litigation that their relatives have.