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Finding an Executor
June 14th, 2016
For some people picking someone to be the administrator of their estates is an easy process of choosing a reliable family member or friend. However, people who do not have reliable family or friends need to know where to look to find an executor. Pic…
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Categories: Aging Issues, Blended Families, Current Affairs, Estate Planning, Succession, Trust Funding, Weblogs, Will
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Sumner Redstone Competency Challenged Again
June 10th, 2016
Only two weeks after Sumner Redstone successfully defended himself against one attempt to declare him incompetent to handle his own affairs another battle over the same issue has begun. The effort by Sumner Redstone's ex-girlfriend to have the m…
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Tom Benson Claims Daughter and Grandchildren Tried to Kill Him
June 9th, 2016
The ongoing battle between Tom Benson, his daughter and his grandchildren took an interesting turn when excerpts from a deposition were filed in federal court. In them, Benson claims the daughter and grandchildren tried to kill him. For the last year…
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Categories: Blended Families, Estate Planning, Family Business, Games, Sports, Succession, Television, Trust Funding, Weblogs, Will
Celebrities without Estate Plans
June 8th, 2016
Prince is not the first famous person to pass away unexpectedly without an estate plan. With Prince's estate in the news the public is getting a close look at what happens when a celebrity passes away without having created a will. Prince, howev…
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Categories: Blended Families, Current Affairs, Estate Planning, Family Business, Film, Music, Probate, Sports, Succession, Taxes, Television, Trust Funding, Weblogs, Will
More Potential Prince Heirs Come Forward
June 7th, 2016
In the developing saga to settle Prince's estate two more people have come forward claiming to be his heirs. When news broke that the musician Prince did not have an estate plan experts were quick to predict that there would be multiple claims m…
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Categories: Aging Issues, Blended Families, Current Affairs, Elder Abuse, Elder Law, Estate Planning, Film, Music, Probate, Succession, Television, Trust Funding, Weblogs, Will
Using a Family Limited Partnership
June 6th, 2016
A family limited partnership can be used to lower your tax burden and transfer wealth to future generations of your family. One reason people seek the advice of estate planning attorneys is to lower their potential estate tax burdens in a way that do…
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Categories: Aging Issues, Blended Families, Charitable Giving, Current Affairs, Estate Planning, Succession, Taxes, Trust Funding, Weblogs, Will
Executor Duties and Errors
June 2nd, 2016
The duties of the executor of an estate are well known by industry professionals, but not always well known by the laypersons who are appointed as executors. This leads to those executors making common mistakes that would be easily avoidable had they…
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Making a Family Foundation Work
May 31st, 2016
Family foundations are a great way for members of a family to come together in a joint effort to contribute to society and their communities. If not handled properly, however, they can also be a source of family strife. The latter is avoidable with g…
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Redstone Case over for Now
May 25th, 2016
The much watched legal battle over the competency of Sumner Redstone has reached a conclusion as a judge has dismissed the case. Sumner Redstone is the 92 year old who owns a controlling interest in both CBS and Viacom. For that reason, markets and t…
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How Prince's Estate Will Fight Paternity Claims
May 23rd, 2016
Given the size of Prince's estate and the lack of a will it is expected that numerous paternity claims will be made against the estate. The estate has a plan to handle the claims. When Prince passed away he apparently did not have a…
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