Year: 2016

Leaving a large sum of money to a youthful heir can often create unexpected challenges and difficulties but a case study of what happens to the wealth of some professional athletes could provide insight. Some professional athletes are often as famous off the field as on but not always for positive reasons especially when they […]

Both the executors and the heirs who inherit property could get their ways in fair market value differences for estate tax and capital gains tax purposes – until now, because the loophole is closed. The value of an estate determines the amount of tax due with no estate taxes due if the estate was worth […]

The estate of former Yugoslavian dictator Tito, which has been stalled for 35 years, will possibly be closed by early 2016. The estate of Joseph Broz Tito, who ruled over Yugoslavia as a dictator for more than 30 years, may finally be approaching closure 35 years after his death. Tito passed away in 1980 and […]

A key part of an annual year-end review of financial planning should include a review of the estate plan. As the end of each year approaches, people who keep close watch on their financial plans take that time to look at investments, asset relocations and a close look at the status of their retirement plans. […]

The death of the Red Duchess in Spain in 2008 sparked a legal battle over her estate which has ended with a court ruling she was wrong to cut her children out of the estate. Luisa Isabel Álvarez de Toledo, the 21st Duchess of Medina Sidonia, decided she did not want her children to inherit […]