by Christine | Apr 12, 2012 | Estate Planning, Facebook, Wealth Transfer |
There’s nothing illegal about what these executives did. In fact, the Facebook registration statement and others that FORBES examined read like a playbook of how the ultra-rich and even the moderately wealthy can operate within the law to transfer vast sums and...
by Christine | Apr 11, 2012 | Estate Planning, Trust Amendment, Trusts |
I just received an update from the State Bar of California the Trusts and Estates Section regarding a recent case King v. Lynch – filed April 10, 2012, Fifth District (Cite as F062232). The court held that "(t)rust amendments were properly...
by Christine | Apr 11, 2012 | Estate Planning, Inheritance, Probate, Wills |
Brooke Astor’s only son saw his inheritance slashed in half and had his control of the estate’s powerful charitable contributions stripped away as part of a settlement that ended a bitter, five-year dispute over the family’s millions. One of the more public and famous...
by Christine | Apr 5, 2012 | Art, Estate Planning, Trusts |
So, how should families fortunate enough to have valuable collections decide what to do with their art or other objects? Here are some options. As the saying goes, “One man’s trash is another man’s treasure.” So it is with art. For some people, the most valuable art...
by Christine | Apr 4, 2012 | Estate Planning, Trusts |
[This] unusual clash highlights the risks for customers when financial companies get in trouble or change hands. That is so even in the lush world of trust banks, well known for their stability. Trusts are amazing tools, but they also can be finicky things....
by Christine | Apr 3, 2012 | Estate Planning, Inheritance |
The death of a parent often shifts the family dynamic, making issues arise that appear to be based on current events but in fact are perceived slights that occurred years ago and are now playing out as the parents’ estate is doled out. Families are complex. While...
