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Who Profits From the Sumner Redstone Situation?

The continuing battles over Sumner Redstone's competency in court and the media is not profiting shareholders in the companies that he owns, but someone is profiting from the situation. The current fight over Sumner Redstone's competency an… Read More
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The Bizarre Battle Over B.B. King's Estate

It might have been physically impossible for the late musician B.B. King to have children, yet he claimed that he had 15 of them. Those who survive are in a strange battle over his estate. According to B.B. King's biographer, the musician was to… Read More
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Giving Your Business Away

Some business owners prefer to retain control over their businesses until they pass away. Others would rather retire and let younger family members assume ownership. There are a couple of different options to do that. Business succession planning is… Read More
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Sumner Redstone Competency Challenged Again

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… Read More
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Tom Benson Claims Daughter and Grandchildren Tried to Kill Him

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… Read More
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Celebrities without Estate Plans

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… Read More
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Business Estate Planning

Business ownership complicates estate planning, but it does not make it impossible. The more assets you have and the more complex those assets are the more complicated it is to make an effective estate plan. This is especially true if one of your ass… Read More
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Redstone Case over for Now

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… Read More
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Prince Estate Moves Forward with Special Administrator

A Minnesota judge appointed a special administrator to oversee the estate of Prince. For now the musician's siblings and half-siblings all appear to be in agreement, but potential problems loom for the estate. In a short hearing on May 2, 2016,… Read More
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Frank Zappa's Family Argues over Music and Trust

In the first decade after the death of musician Frank Zappa his estate plan appeared to have worked smoothly. More recently, however, issues have arisen that have Zappa's children fighting between themselves. After Frank Zappa passed away in 199… Read More
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