Oscar de la Renta was well-known for his charitable causes, especially in the Dominican where he was an unofficial ambassador and held a diplomatic passport. However, a decade old falling out was enough for the designer to snub his son.
Read More »Robin Williams’ Estate Still Disputed
The battle between Robin Williams’ widow and his children has been resolved on some issues. However, one issue remains that must be decided by a court.
Read More »Australia’s Richest Woman Loses Control of Family Trust
Gina Rinehart is the wealthiest person in Australia. However, it appears that greed might have cost her control of a family trust worth billions.
Read More »Why Do You Need a Will?
This article gives the example of a businessman who had named his son as the nominee in all his investments. Since the son was managing all the father’s investments, it was convenient. But since the businessman passed away without making a will, now his daughter is finding it difficult to prove that she, too, has […]
Read More »Unequal Inheritance Leads to Arson
People often have good reasons to leave their children unequal inheritances. However, there are always risks when doing so. While extreme, even arson is a possibility if one of your children is upset enough about receiving a smaller portion of the estate.
Read More »Was Bequest to Snowflake a Mistake?
What would you do if 10 years after receiving a life insurance bequest, the insurance company asked for the money back claiming it had made a mistake? The town of Snowflake, Arizona is currently facing that dilemma.
Read More »Challenge Coming over BB King’s Will
BB King was one of the most celebrated blues musicians in the world. His passing on May 14th has left many singing the blues of their own, including his heirs who are expected to challenge his will.
Read More »The World’s Biggest Estate Feuds
All over the world battles have raged over the estates and legacies of the rich and famous. It can be difficult to keep up with all of them.
Read More »Dispute over John Adams’ Trust
Charitable trusts can continue for as long as there are assets in the trust and the trust is still able to carry out its mission. A trust created by President John Adams is still operating and there might be a dispute over control of it.
Read More »Search on for Missing Irish Heir
When someone passes away without an estate plan, by law his or her property goes to the deceased’s closest living relatives. However, if a person has no known close relatives, then what happens to the assets of the estate? It depends on whether any other relatives can be found.
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