Trusts for Pets

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting.

A large number of pets are abandoned at shelters when their senior owners die or go to a nursing home. This article discusses a new legal consideration. Questions: 1. How many Americans over 55 have wills? 2. Why is there negative association with putting pets in the will? 3. How much does it cost to… Read more »

Massive Estate Planning Mistakes of Celebrities

Posted by & filed under Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Financial Reporting and Analysis, Financial Statement Analysis, Fraud Accounting, IFRS, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized.

[Marilyn Monroe]Consider the mistakes of these five celebrities when you make decisions about your estate or advise others about theirs. As Sheyna Steiner reports, problems in life may compound after death as creditors, heirs and the Internal Revenue Service come calling for their share of an estate. Questions: 1. After reading about these five celebrities,… Read more »