Category: Will
No one really wants to do it. I mean, it makes one face the realities of one’s own mortality. For many people writing a will can be a daunting task. Along with avoiding eye contact with death, it can be difficult to decide what to do with your assets after you pass away. However, once […]
John Sheridan, Cooper Health System’s CEO, and his wife were declared dead Sept. 28 after they were found unresponsive in their master bedroom in Montgomery Township’s Skillman section. No will for the Sheridans has been located. The family has not filed a detailed list of assets such as real estate, cash, and stocks and bonds. […]
People in their 20s often do not think that they need to worry about estate planning. They plan to live much longer, so they believe there will be time to get an estate plan later. However, you never know when tragedy can strike, so it is important that 20-somethings get estate plans. Younger adults normally […]
In 2007, Hynie contested the will, claiming to be Brown’s wife and entitled to a spousal share of his estate. Under a settlement deal approved in 2009, Hynie was given one-quarter of Brown’s music empire, and the six children named in his will were given another quarter. The settlement was overturned in May 2013 by […]
Probate records reveal that he died without a will and left an estate valued at ‘nil’ in England and Wales. It is not known if he had assets held overseas or in trust or joint-ownership which would not have been included in his estate. His daughter Elizaveta Berezovskaya claimed at a two day inquest in […]
There have been recent changes to tax laws that create the need for married couples to review their wills, especially provisions intended for tax planning purposes. Here are three major changes that create a need for a reread. When is the last time you reviewed your estate plan? Professionally prepared estate plans are normally crafted […]
The woman convinced party-boy Proskauer partner Harry Goldsmith to marry her as he lay dying of pancreatic cancer — then brought a team of lawyers to his deathbed to rewrite his will, spurned spouse Debra Karlstein claims in a Manhattan Surrogate’s Court lawsuit. If there ever was a real-life tale of a wicked stepmother, this […]
How important [is it] to preserve one’s original estate planning documents? Where should one keep these documents? If you’ve gone to all the hard work of preparing your will and establishing an estate plan, the last thing you want to do is lose the documents. Before a will can be submitted to probate, the original […]
In general, the concept of testamentary freedom makes a person free to dispose of their property as they see fit when they die. However some decisions may be held to be against public policy and that freedom may be limited. Here are some of the key controversial estate planning decisions that may garner limitations and […]
I have four sisters and brothers, and three have taken out loans against their share of any inheritance — significant loans, like in the $75,000 range. Dad has been tracking these loans and has provided in his will a formula for adjusting the split accordingly. However, he recently decided that these loans are to be […]
