"Boilerplate" provisions in a contract, will, or other legal documents are sections of apparently routine, standard language. The term comes from an old method of printing. Today, "boilerplate" is commonly stored in computer memory to be retrieved and copied when needed. A layperson should beware that the party supplying the boilerplate form usually has developed
April 2010
Life, Death and Insurance: Indiana’s $15 Million Mystery
By Patti Spencer on
Posted in Probate Litigation in the News
Leslie Scism and Mark Maremont writing for the Wall Street Journal detail the story of the late Germain Tomlinson who was found dead in her bathtub at the age of 74 "fully clothed from an evening out at a martini bar, high heels still on her feet." Her "social companion," 36-year old JB Carlson had a $15…
Trustee Fees – How Much?
By Patti Spencer on
Posted in Trusts
The Trust Advisor Blog includes this post on Who’s Charging What for Trust Services: click here
Fees – the big question clients ask about corporate trustees. What do they charge and what do they do? Here is some excellent up-to-date information.
Hat tip to Juan Altunez at Florida Probate and Trust Litigation Blog.
Family Limited Partnerships – Make It a Real Deal
By Patti Spencer on
Posted in Estate Tax
The biggest challenge for estate planners is how to reduce estate and gift taxes but allow the client to retain control over his assets. Family limited partnerships (FLPs) provide a solution to this problem.
When you place investments, a business, or real estate holdings in a FLP, you retain control of the assets while at…