Author: Michael B. Cohen

Crystal Hefner, widow of the famed Playboy tycoon, Hugh Hefner, has threatened the Hugh Hefner Foundation over concerns that over 3,000 thousand lewd private videos and photos of women in Hefner’s “scrapbooks” could be distributed.  The explicit photos of countless nude women (including possible images...

A financial durable power of attorney gives an agent authority to make financial decisions on behalf of the principal (the one giving the authority).  However, sometimes the agent exceeds the authority granted by the principal.  The repercussion may be greater than the agent may realize. Facts: Son,...

The Financial Crimes Enforcement Network (FinCEN) has a new reporting requirement for closing of some residential property on or after March 1, 2026 in an effort to prevent money laundering. The reporting requirement only is applicable if the following conditions are met: Residential property –(i.e. homes, townhomes,...

As we live longer, there is a greater likelihood of disability and the need for long-term care. However, most Americans have inadequate resources or income for such care and also lack long-term care insurance or similar insurance products. As a result, some elderly and disabled...