» Estate Planning

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. Gina Rinehart controls one of the largest iron ore mining companies in the world. She was also in… Read More
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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. In 18… Read More
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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 w… Read More
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Keep Your Trust Ahead of State Tax Laws

  Keeping on top of federal tax laws concerning trusts is relatively simple. However, when it comes to state tax laws on trusts, staying on top of them can be an entirely different matter, especially since many trusts might be subject to taxatio… Read More
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Do Not Forget the Smaller Digital Accounts

  People are gradually beginning to understand that they need to ensure that there is a way for family members to access digital accounts after the owner passes away, at least so far as the biggest accounts are concerned, such as bank and social… Read More
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Forged Will Leads to Arrest

Unfortunately, it is not unusual for people to take advantage of the elderly and even to go so far as to forge a will when the elderly person passes away. It is heartening, however, that when caught the people who do this normally face criminal charg… Read More
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Leaving Your Friends a Few Drinks

    Sometimes it is the littlest things that you do in your estate plan that create the most lasting memories. This might be the case in England where one man left his drinking buddies money to have drinks on him.   Roger Brown of Swan… Read More
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Categories: Estate Planning, Travel, Will

Do Not Forget Your Frequent Flier Miles

Most people who travel a lot have accumulated many unredeemed frequent flier miles or hotel reward points. What many do not know is that it is a good idea to state who should assume ownership of these loyalty reward points in an estate plan.   I… Read More
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Sumner Redstone's Succession Plan

    Sumner Redstone might not be a household number, but he is one of the most important media moguls in the United States. Redstone controls approximately 80 percent of the voting stock in CBS and Viacom. Because of that many people are in… Read More
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Inheritance Scam Leads to Jail

People have probably been attempting to scam others out of their money for as long as money has existed. Many different schemes exist that people fall for over and over again. Recently, people have been falling for a scam involving fake inheritances.… Read More
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