Charlotte, North Carolina Estate Planning Attorney » Trusts EstatesProf

Elizabeth Edwards May Not Have Disinherited Her Husband

Trusts EstatesProf — Mon, 10 Jan 2011 12:00:00 +0000

I previously posted that Elizabeth Edwards’ will left nothing to her husband, John Edwards. While it is true that her will does not mention John when distributing her tangible personal property, Article V of her will leaves the remainder of…

Movie Secretariat has Estate Planning Plot

Trusts EstatesProf — Wed, 05 Jan 2011 14:00:00 +0000

The new Disney movie Secretariat, the story of the world’s greatest racehorse and the woman who owned him, has an estate planning sub-plot. It involves a will, an estate battle, and hardship brought on by a $7 million estate tax…

An Asset Protection Trust Could Offer Tiger Woods Valuable Asset Protection

Trusts EstatesProf — Tue, 02 Mar 2010 00:21:00 +0000

As Tiger Woods attempts to salvage his marriage, the Trust Advisor Blogs suggests that in the meantime he consider putting his assets into an asset protection trust. Because Tiger lives in Florida, a non-community property state, he could likely fund…

Another Estate Tax Bill Introduced in the House

Trusts EstatesProf — Fri, 13 Nov 2009 12:00:00 +0000

On Nov. 5, 2009, Representative Kenny Marchant (R-TX) introduced H.R. 4035, which would “amend the Internal Revenue Code of 1986 to allow the estate of a decedent to use the capital loss carryover of the decedent as a deduction against…

What Some Will Do For Money

Trusts EstatesProf — Tue, 10 Nov 2009 12:00:00 +0000

Even if this isn’t a real 911-call, it does illustrate the extent to which some people will go for an extra buck, something estate planners are all too aware of. Special thanks to David S. Luber (Attorney at law, Florida…

Planning for End-of-Life Decisions

Trusts EstatesProf — Tue, 10 Nov 2009 12:00:00 +0000

USA Today has an article emphasizing the importance of making end-of-life decisions before such a situation arises. Among other things, the article points out the need to choose a doctor who will respect a patient’s expressed wishes. See Cathy Lynn…

Joe Jackson Asks for Monthly Allowance

Trusts EstatesProf — Tue, 10 Nov 2009 07:00:00 +0000

Joe Jackson has reportedly petitioned the Los Angeles County Superior Court for a monthly allowance from Michael Jackson’s estate. Joe claims to have $15,000 in monthly expenses, which includes $2,000 for eating out, $3,000 for hotel expenses, and $50 for…

Advocating for Pooled-Special Needs Trusts

Trusts EstatesProf — Tue, 10 Nov 2009 07:00:00 +0000

Jack Sullivan (J.D. candidate 2010, Minnesota University) has published his student article entitled Pooled Special-Needs Trusts: An Exception That Should be the Rule to Protect Adults with Developmental Disabilities, 17 Law & Ineq. 441 (2009). This Article argues that every…

Top SSRN Downloads

Trusts EstatesProf — Mon, 09 Nov 2009 21:00:00 +0000

Here are the top downloads from September 9, 2009 to November 8, 2009 from the SSRN Journal of Wills, Trusts, & Estates Law for all papers announced in the last 60 days. Rank Downloads Paper Title 1 144 Miller: Effective…

Texas Estate Planning Statutes 2009 Edition Published

Trusts EstatesProf — Mon, 09 Nov 2009 18:05:00 +0000

Gerry W. Beyer (Governor Preston E. Smith Regents Professor of Law, Texas Tech University School of Law) has recently published the 2009 edition of his book entitled Texas Estate Planning Statutes With Commentary (Aspen Publishers).This book is a compilation of…