Category: Trusts
Robin Williams’ children and wife have gone to court in a fight over the late comedian’s estate. In papers filed in December in San Francisco Superior Court, Williams’ wife, Susan, says some of the late actor’s personal items were taken without her permission and asks the court to exclude the contents of the Tiburon home […]
“I want what’s mine,” fumed Vanessa Nieves, 21. She learned late last year that her mother, Gloria Torres, allegedly tricked her into signing over the insurance money that she was supposed to receive at 18. Can your own parents be trusted when it comes to your future trust fund? For some, the answer is disappointing. […]
“An irrevocable trust is a trust generally created during someone’s lifetime that is exactly what it says — it can’t be revoked.” Tom Benson and his grandchildren are in a fight over the ownership of the New Orleans Saints NFL football team and the New Orleans Pelicans NBA basketball team after his death. The family […]
For clients who have a collection of firearms, they can bring them into their estate plan and ensure they go to the right beneficiaries via a gun trust. What will happen to your gun collection when you pass? Do you have plans to gift the firearms to your heirs? Most gun collectors know the laws […]
A judge who determined that an Encinitas lawyer manipulated his relationship with a wealthy and mentally ill woman who left her fortune to him has determined the lawyer must pay $4.3 million to the woman’s trust.. The U~T San Diegohas the entire story in an article titled “Attorney ordered to pay $4.3M to trust.” Svi […]
The year 2014 will be remembered for many things, to include celebrity deaths. The details of another celebrity’s estate have recently been revealed. This time it is the estate of late actor Bob Hoskins. Unlike some other celebrity estates, Hoskins’ is fairly ordinary. Actor Bob Hoskins passed away last April at the age of 71. […]
Do you have a revocable living trust? Are you thinking about creating (or updating one) in the New Year? Either way it is important to transfer your assets into that trust, including any real estate that you own. Estate planning attorneys who draft trusts for their clients always advise those clients to transfer assets into […]
A fool and his money will go separate ways. So it is with many an inheritance. People often fear that leaving large sums of money to their relatives will result in those relatives blowing the money on things they do not need. A recent case in the United Kingdom demonstrates that this is not an […]
People often fight over trusts for a wide variety of reasons. One of the most frequent conflicts over trusts occurs when the trustee and the beneficiaries do not see eye to eye. The person who creates a trust is always the beneficiary of the trust, especially after he or she dies. Yet, it is usually […]
When a current trustee is unable to serve, the vacancy is filled by a successor trustee. What happens if a trustee is no longer able to carry out their trust responsibilities? After the initial trustee passes away, or becomes incapacitated, someone else should be designated as the successor trustee. However, the successor trustee often does […]
