Monday, August 5, 2013

Probate Experts Agree - James Gandolfini's Will is a Tax Disaster

The untimely death of actor James Gandolfini at the young age of 51, brings the importance of proper estate planning into light.

In the case of Gandolfini’s estate, probate experts agree that his will is a tax disaster. Of his $70 million estate, a whopping $30 million of it will go directly to the IRS. Apparently 80% of his estate was subject to “death taxes” at a rate of about 55%.

To read more about James Gandolfini’s will, and a few tips on estate planning, click on the following link:

http://www.forbes.com/sites/robertwood/2013/07/20/key-lessons-from-james-gandolfinis-will/

What about you? Is your will up to date? Are your loved ones vulnerable to losing a large portion of your estate to taxes?

The attorneys at the Law Offices of Jeremy W. Howe, LTD., specialize in probate, estate planning and elder law. If you would like to verify that your will is current with today’s probate laws, contact the lawyers at his Providence, Rhode Island office for a free comprehensive telephone consultation.

Attorney Jeremy Howe and his team of elder law and family court lawyers have been providing quality elder law representation in Rhode Island for nearly four decades. He and his co-mediator have successfully mediated hundreds of divorce, family law and elder law cases throug
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The Law Offices of Jeremy W. Howe, LTD. Providing Family Law and Elder Law Services to Rhode Island since 1974.

"We Make Elder Law House Calls!"

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