There has been much media speculation about the debate in Bobbi Kristina Brown’s family over whether or not to remove her from life support. The debate has been framed as a moral and religious one, but what might really be driving it is something much simpler, her mother’s money.
Read More »Visitors Center at “The Breakers” Causes Feud
When nonprofit organizations assume ownership of historical estates conflicts often arise between the nonprofits and the descendants of those who used to live at the estate. This is the case with a current feud over the Vanderbilts’ estate.
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 »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 »Robert Ellsworth’s Will Now under Contest
When art collector Robert Ellsworth passed away, initial reports about his will centered on the $50,000 a piece he bequeathed to two waitresses who work at a bar he frequented. However, now Ellsworth’s longtime boyfriend is contesting the will.
Read More »Heir Alleged to Have Blown $3.5M
Many trusts are designed so that a beneficiary receives trust income during his or her lifetime with the remainder of the trust going to someone else after the heir passes away. These trusts often cause disputes between the beneficiary and the remainderman, illustrated in a high profile New York case. Irving Bender became the beneficiary […]
Read More »Types of Beneficiaries and Considerations
The word “beneficiary” covers a lot of different types of inheritances. It is important to know what the different types of beneficiaries are.
Read More »Choosing a Trust Company
It is often a good idea to choose a professional trust management company to be the trustee of your trust. However, you need to be careful and pick the right company to make sure that you are getting a good deal on costs and fees.
Read More »Getting Younger Heirs to Invest
As is always the case, people in their 20s today have different priorities than their parents and grandparents. Younger priorities often do not include investing in the stock market. This has caused some consternation on Wall Street because today’s young adults stand to inherit a lot of money from their parents.
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