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Two Types of Inheritors
June 22nd, 2015
People who inherit a lot of wealth generally fall into one of two categories: those who want to work hard and those who want to pursue their own pleasure. Most families have both types. Recently, Forbes published an article describing the two general…
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Categories: Estate Planning
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Editor's Watergate Papers Donated to University
June 19th, 2015
Watergate continues to be perhaps the most important political scandal in United States history. Now, the papers of the reporters and the editor who broke the story will all be housed in the same place thanks to an estate donation. Ben Bradlee was th…
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Billionaire Giving Pledge Is Not Binding
June 18th, 2015
When they created the Giving Pledge, Bill Gates and Warren Buffet received a lot of praise and publicity. Billionaires who have joined the pledge have received the same. It might surprise you that the pledge is non-binding and unenforceable. However,…
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Widow Sues to Resume Estate Payments
June 17th, 2015
An interesting estate case was recently filed in Manhattan. On one side, a widow is suing her stepchildren claiming that they were supposed to give her a monthly stipend for life. On the other side, the stepchildren claim there was never a marriage a…
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Dispute over MLK's Estate May Be Coming to an End
June 16th, 2015
Over the years there have been several disputes concerning the estate of Martin Luther King Jr. The latest has pitted his children against each other. It now appears that a settlement might be forthcoming. Many of the personal effects of Martin Luthe…
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Widows and Estate Planning
June 15th, 2015
When their husbands pass away many women feel overwhelmed with the estate's affairs. However, with some planning and a few simple tasks most widows can get a good handle on the situation. Even when there is time to prepare for losing a husband d…
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Estate Tax On The Way Out in Delaware?
June 12th, 2015
Delaware has become the latest state to entertain the idea of eliminating its estate tax. The reason for doing so is interesting. Republican legislators in Delaware have introduced a proposal to end the state's estate tax effective July 1 of thi…
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Tags: Estate Tax
Emotions and Estate Planning
June 11th, 2015
Mental health professionals normally counsel that people should listen to their emotions. However, when it comes to estate planning, it is often a bad idea to be too emotional about the process. Forbes recently published an interesting article titled…
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Oscar de la Renta Snubs Son in Will
June 10th, 2015
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. Shortl…
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Robin Williams' Estate Still Disputed
June 9th, 2015
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. In the days after Robin Williams' suicide, it appeared that he had appropriately…
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