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Bobbi Kristina Brown's Estate in Another Battle

Like her mother Whitney Houston's estate before her the estate of Bobbi Kristina Brown has sparked massive family fights. The latest battle has the estate administrator suing the trustees. The battle over the estate of Bobbi Kristina Brown has f… Read More
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Cryogenics Takes a Step Forward

The idea of freezing a person's brain and bringing it back to life years in the future when science is advanced enough to do so has long fascinated science fiction fans and even led to some people having their heads frozen after they pass away.… Read More
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Lessons in the Redstone Saga

The family life and drama of Sumner Redstone is currently being played out in the media and on Wall Street. It is not the first time that a self-made billionaire's personal life has made the news and harmed his business when the founder gets old… Read More
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People Who Inherit Wealth Less Likely to Donate It

A recent study on the differences in charitable giving between the self-made wealthy and those that inherit wealth could have estate planning implications. A few years ago Bill Gates proclaimed that the first-generation wealthy are more generous to c… Read More
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The IRS Knows More about Art than You Think

If an effort to reduce their estate tax burdens many wealthy families are tempted to undervalue their prized collections, such as art. The IRS, however, makes its own valuations. As with other taxes, most people seek ways to pay as little in estate t… Read More
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Estranged Children and Your Estate

If you have a child who you do not communicate with, you might want to make sure that the child does not receive part of your estate. The decision to do that can be difficult, but the process is not. A recent Market Watch column, entitled "Can m… Read More
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Former Prosecutor Guilty of Stealing From an Estate

It is always disturbing when an estate administrator steals from the estate. That goes double when the administrator is a former district attorney. John Paschall served as the District Attorney for Robertson County, Texas for 20 years. He should have… Read More
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Appointing an Out of State Executor

If the best candidate to appoint as the executor of your estate lives in a different state than you, it is possible to designate him or her. However, there are some drawbacks to doing so that need to be considered. The executor of your estate should… Read More
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Court Declines to Enforce Nursing Home's Arbitration Clause

Many nursing homes insert mandatory arbitration clauses in their contracts with elderly patients. They do not do so for the benefit of the elderly. If you read the fine print on almost any standard contract a large company makes a consumer sign, you… Read More
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Avoid Common Executor Mistakes

If you are named as the executor of an estate, you might feel honored by the appointment. That honor can turn to horror if you make a mistake that subjects you to personal liability. Being the executor of an estate sounds a lot easier than it really… Read More
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