Aretha Franklin Goes from No Will to Three
Formerly reported to have left no will for her $80 million estate, upon cleaning out the Queen of Soul's house, not one but three wills were found, and all were almost undeciferably handwritten. One will dated June 21, 2010 and another dated October 20, 2010 were found in a... »
Tom Petty's Daughters Claim Deprivation of Their Rightful Assets
When Tom Petty died on October 2, 2017, two weeks before his 67th birthday, he left a trust, Petty Unlimited LLC. It was set up to equally divide his assets between his two daughters, Adria Petty and Annakim Violette Petty, and his widow, Dana York Petty. So what's the... »
5 Roles of Life Insurance You May Not Have Considered
Life insurance can serve different purposes for different people. Sure, number one--providing for your loved ones--is pretty straightforward. But there are other roles life insurance plays and reasons why avoiding it can cause confusion and even lawsuits. Here are five benefits of life insurance: 1. To provide your loved ones with immediate liquidity... »
Aretha Franklin - $80 Million Estate, No Will
The Queen of Soul and Prince will be singing the tunes of intestacy in the great Carnegie Hall in the sky. Both died without a will, leaving their families to contend with lengthy court proceedings. According to Don Wilson, Franklin's attorney for the past 28 years, it didn't seem... »
When a Legacy is Not So Esprit: Esprit (Co)Founder's Daughter Goes Abroad to Challenge His Will
The heritage story of Esprit Co-Founder Douglas Tompkins is not yet completely written and might not be as picture perfect as Esprit’s “story” page suggests.  Doug Tompkins built the North Face and Esprit brands into multi-billion dollar empires. Doug divorced his co-founder Susie Russell some time back; he remarried and... »
The Quandary of Inherited Heirlooms: Start the Discussion Now
Back in our parents' days, picking out your set of good china was a foregone conclusion. Many of our generation took a pass, and millennials may not even own plates; forget the china. It's a struggle as aging people downsize to get rid of the things they hold as... »
A Clear Will Doesn't Always Avoid a Family Feud, But Communication Can
An organized estate plan is one of the biggest gifts you can give to your family--but just having it in order isn't enough. Communicating your intentions to your children, spouse, and other beneficiaries--OR to any of these parties that would expect to have a claim but you have chosen to... »
Making Sense of a Power of Attorney--What It Covers, What It Doesn't, And What You Need to Watch Out For
Q: My mother (now 77 years old) made me the primary agent under her power of attorney. It’s a ten-page document and very confusing.  What am I legally permitted and/or obligated to do?  What is my legal exposure if I act on her behalf? A: This is a question... »
Seminar: Gun Laws In New York, April 7, 2017
Alison Arden Besunder will be presenting at the National Business Institute seminar Gun Laws in New York on April 7, 2017. Event description, registration information, agenda and speaker bios can be found below.  Who Should AttendThis basic-to-intermediate level seminar is intended for attorneys. The content will be useful for law enforcement, government... »
Prince Dies Without a Will
Tyka Nelson, Prince’s sister, claims that the artist died with no will in place, and for the time being judges have confirmed that. This means that Minnesota probate court will appoint a personal representative to determine the distribution of his assets based on statues and federal tax code, and... »
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