Hughes Estate Group publishes Estate Street – about all things estate and tax planning. This post reports on the dispute over a $90 million dollar collection of art from Papua New Guinea:
"Three brothers have been feuding since 2005 over the estate of their mother, Evelyn A.J. Hall who was a sister of the late publishing
John T. Brooks and Erika A. Alley are authors of The Jewish Clause published in Trusts and Estates discussing the case of In re Feinberg, 383 III. App. 3d 992 (1st Dist June 30, 2008).
They write:
"Max Feinberg created a trust in which he declared that any descendant of his — that is
Lancaster Sunday News front-page headline today:
" Retired county judge challenges late sons’ $500,000-$900,000 bequest to Lancaster Public Library; state Attorney General’s office wants the filing attorney – judge’s son-in-law – off the case."
Read the article – click here or here.
THE CAST OF CHARACTERS:
The retired judge is Wilson Bucher, now 88 years old.
Trusts and Estates published an article here called Get Me To The Church On Time by John T. Brooks and Samantha E. Weissbluth. They write:
"The Kinney case out of Minnesota offers a good review of the general requirements for a valid prenuptial agreement. The appeal also shows a modern trend in which courts
The PA insurance commissioner had accused Deloitte & Touche LLP of accounting and actuarial malpractice
According to the
The general rule is that damages for a decedent’s pain and suffering (the survival action) are an asset of the decedent’s estate and subject to federal estate tax and PA inheritance tax. The wrongful death award that goes to next of kin for loss of society, consortium and support are not estate assets and are not
"Heaven has no rage like love to hatred turned, Nor hell a fury like a woman scorned."
from William Congreve’s The Mourning Bride (1697)
Fritzi Benesch, 86 year old multimillionaire and former owner of the clothing company, Fritzi California, is suing her lawyer for malpractice. The case, brought in 2000 went to trial the
Robert Anbrogi has an excellent article posted at Findlaw: Ethics: Hiring Experts You Don’t Plan To Use. He asks: "Do lawyers ever retain experts just to lock them out from being hired by the other side?"
"Lawyers do occasionally contact or ‘retain’ experts solely to disqualify them from working for the other side,"
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
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I always thought there should be some procedure to validate a will before the testator’s death. After all, the testator is the best source of evidence about his or her intent. And the best time to assess a testator’s capacity or susceptibility to undue influence is at the time the will is made, right? It