I love this post from Gerry Beyers’ Wills, Trust and Estates Prof Blog:
Testamentary gift conditioned on method of body disposition.
It reminds me of the Jewish Halachic Will which utilizes exactly the same methodology: the testator getting his way by using his will to impose a legally enforceable severe financial penalty for not following
High-profile Allentown PA defense attorney John P. Karoly Jr., was indicted September 25, 2008 by a federal grand jury on charges he and two others conspired to defraud his brother’s and sister-in-law’s estates of millions using fake wills.
John J. Shane, a doctor Karoly often used as an expert witness and Karoly’s son, John P. Karoly
Neil Hendershot has a terrific post on his blog called "Liquid Trust" or "Living Trustworthiness"? With tongue in cheek, he talks of buying trust in a bottle (like Love Potion No. 9) to solve the nation’s financial crsis.
"Liquid Trust is the world’s first Trust Enhancing Body Spray, specially formulated to increase
Did you know you can turn in tax cheats for bounty?
Section 7623 of the Internal Revenue Code authorizes payments for detecting underpayment of tax and detecting and bringing to trial and punishment persons guilty of violating the internal revenue laws or "conniving" (love that word) at the same.
As pointed out by Timothy
Reserve Primary Fund (Ticker RFIXX), a money market fund with $62 billion in net assets, today wrote off $785 million of debt issued by the now bankrupt Lehman Brothers, reports Christopher Condon for Bloomberg.com.
The Board of Trustees of The Reserve Primary Fund issued a news release today (September 16, 2008). In the release they stated
Bear Stearns, Fannie and Freddie, Merrill Lynch, Lehman Brothers. What’s next?
And what about all the trust portfolios that are headed down? Remember, the standard of care under the Prudent Investor Act is not measured by portfolio performance – it is a standard of trustee conduct measured by how the trustee monitors, responds, and follows
http://www.ncestateplanningblog.com/
Continue Reading North Carolina Estate Planning Blog
http://www.pennsylvaniatrustsandestates.com
Continue Reading Pennsylvania Estate Planning and Administration
Dan was a single guy living at home with his father and working in the
family business. When he found out he was going to inherit a fortune when
his sickly father died, he decided he needed a wife with whom to share
his fortune.
One evening at an investment club meeting he spotted the
I’ve heard it said that there is not a remedy for every wrong, but it has always troubled me that a person "done out" of an inheritance had no recourse. Unless the person could fit themselves into the very limited circumstances of a third party beneficiary, most of these "disinherited" persons had no remedy agaisnt the person