Tag: Estate Planning
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 […]
BBC News takes a look at some of the more dramatic feuds that have taken place over the wills and legacies of well-known figures throughout the decades. So many feuds have been fought over the estates and even the bodies of the wealthy and famous that serious dedication to the topic is required to know […]
The estranged husband of a Scranton homicide victim is fighting a judge’s ruling that bars him from receiving any part of her estate based on claims he “deserted” her prior to her death. Donald Talerico of Scranton argued that although he and the victim, Kathleen Talerico, were separated, their divorce was never finalized. That entitles […]
The digital afterlife is among many conversations that people can engage in when making end-of-life decisions. Ignoring or evading such talks for emotional reasons may have the opposite desired outcome in the end, and prevent loved ones from enjoying their limited time together. Have you considered how many digital accounts you have out in cyberspace? […]
Kathleen Hilda Ryan, a woman with Mullingar roots, died in Greenwich in the UK in October 2013, at 83 years of age. She left no will, but she did leave behind a small fortune of $788,000 (£500,000). Since then, no relatives have stepped forward to claim the inheritance. Kathleen had no children of her own […]
“I can tell you that careful planning has been done so that estate taxes at Sumner’s death will not require a forced sale of the stock,” Bishop said. “I cannot give you any other information about his estate plan. It’s private.” Bloomberg Business reported the story in an article titled “Redstone Says Trustees to Oversee […]
Along with all the other paperwork that comes with being newly widowed, Roberta Bekerman had to persuade Delta Air Lines that she was entitled to inherit her husband’s frequent-flier miles. The company’s policy says that its SkyMiles, as they are called, may not be transferred “under any circumstances,” including death. But Ms. Bekerman, whose husband […]
If you do not have a will the state will provide one for you. And if you are married with young children and both parents die who becomes the children’s guardian will be up to the state’s court system. No will? No problem – the state will provide one for you. But how likely is […]
Regardless of your state’s laws regarding same-sex marriage, same sex couples can and should start protecting themselves and their future with vital estate and financial planning. Legalizing same-sex marriage within state laws gives same sex couples equal inheritance rights in those states. However, if a state has not legalized same-sex marriage it is important for […]
