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“A widow gets bombarded with all the things she’ll have to do, so it’s essential to have everything as organized and up-to-date as possible.” The thought of losing your spouse is tough, but inevitably one spouse will pass before the other. With women living longer than men, they need to be prepared in the case […]
A court-ordered mediator would help the parties put the “final touches” on an agreement, Eric Barnum, Bernice King’s lawyer, told Fulton County Superior Court Judge Robert McBurney during a hearing. McBurney said he would appoint a mediator, with a goal of completing an agreement by Sept. 30. Reuters reported the story in a recent article […]
A Florida widow who expected to be kept afloat for life by her shipping-magnate hubby’s wealth is suing her stepkids in Manhattan for sinking her stipend. Christine De Galvis claims that when she met shipping mogul Robert Pierot Sr. the two fell instantly in love. She says that the two were married in 1996, and […]
The Giving Pledge emphasizes that it’s a moral pledge. This distinction has a very real legal purpose: it eliminates the ability of Giving Pledge signers to sue fellow billionaires who fail to give, according to David Scott Sloan, an attorney and national head of the estate law practice at Holland & Knight. Bill Gates and […]
The desk-calendar entry for 11:30 a.m. on July 3, 1973, reads simply, “Watergate meeting.” It wouldn’t be of much importance except for the author of the hand-written note: former Washington Post editor Benjamin C. Bradlee, who was then deep in the midst of directing the newspaper’s coverage of a scandal that would eventually bring down […]
As Gina Rinehart now knows, you cannot operate trusts solely out of your own self-interest when others are involved, even if you are the richest person in Australia. How do you become the richest person in Australia with a net value of over $12 billion? By leading the charge of Hancock Prospecting, one of the […]
A more precise estate plan may have saved the family of Robin Williams from their last round of court appearances to finally settle the late actor’s estate. At first it seemed that, after Robin Williams’ suicide, his estate was properly in order to be clearly distributed to his family without controversy. But during that process, […]
Would you consider estate tax a reason not to move your family to a particular state? Delaware considers the costs and may soon be able to opt-out. Within the next month, Delaware may see the end of estate tax for their state if approval is granted for the Republican legislators’ proposal, which would go into […]
The conversation isn’t fast or fun. But, waiting until it is too late or not keeping an up-to-date estate plan will likely cause more pain later. No one wants to think about that inevitable day, whether it’s when you or someone you love will pass away. Even in the best of circumstances, emotions like fear […]
Although he later returned to work for his father after it failed, Oscar de la Renta’s son Moises attempted his own fashion line and not only seriously severed their relationship, but also his share in the will. He may have been best known for creating celebrity red carpet ensembles, but Oscar de la Renta also […]
