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Estate Planning Blog Posts from November 20, 2009

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Estate Planning Posts (November 20, 2009)

Real Property Foreclosures During Probate

Joshua J. White has published his article entitled The Foreclosure Process in the Probate Context, The Advocate, Fall 2009, at 99. The following is the introduction to the article: This article is intended to provide an overview of the real...
Posted on Wills, Trusts & Estates Prof Blog on November 20, 2009 at 8:00 AM

The Top Earning Dead Celebrities of the Decade

You may be wondering, "who are the top earning dead celebrities of the decade?" The linked chart, which is provided by termlifeinsurance.org and is adapted from information provided by Forbes, provides the names of the fifteen top earning dead celebrities...
Posted on Wills, Trusts & Estates Prof Blog on November 20, 2009 at 8:00 AM

Lou Dobbs Enlarges Estate by Not Working

Newscaster Lou Dobbs has reportedly accepted $8 million to terminate his contract with CNN early as a result of CNN's dissatisfaction with Dobbs' lack of reporting neutrality. From an estate planning perspective, Dobbs is increasing the size of his estate...
Posted on Wills, Trusts & Estates Prof Blog on November 20, 2009 at 8:00 AM

Attention to Detail: An Expensive Lesson Learned

In a decision earlier this year, Justice Harris in Binkley Estate v. Lang, (2009) 50 E.T.R. (3d) 44, looked at the construction of wills and fundamental issues giving effect to the testatrix's intent. The decision involved a 92 year old testator who was both capable and in control of her affairs. The testatrix made a will in 1996 w
Posted on Toronto Estate Law Blog on November 20, 2009 at 6:00 AM

Google Scholar Provides Free, Searchable Database of Judicial Decisions

As of Nov. 17, Google Scholar began providing an online, searchable database of U.S. federal and state district, appellate, and supreme court decisions. The database provides full text versions of the opinions, can be searched by topic, and provides links...
Posted on Wills, Trusts & Estates Prof Blog on November 20, 2009 at 3:00 AM

One Year Estate Plan "Patch" Likely

Another article from CQ Politics about the Democrats' plan for the estate tax in 2010.
Posted on North Carolina Estate Planning Blog on November 19, 2009 at 6:16 PM

Year End Gift Checks - make sure you do it right

Many people are aware that they can give any number of other people up to $13,000 per year under the federal gift tax annual exclusion (IRC Section 2503(b)). Staying under this number means that no gift tax return has to be filed and that there will be no reduction in the amount that can be passed free of estate taxes at the donor's death. Howeve
Posted on North Carolina Estate Planning Blog on November 19, 2009 at 2:01 PM

Cost Decisions and Estate Litigation - Hull on Estates #188

Listen to: Cost Decisions and Estate Litigation - Hull on Estates #188 This week on Hull on Estates, David Smith and Nadia Harasymowycz discuss cost decisions and estate litigation. If you have any comments, send us an email at hull.lawyers@gmail.com or leave a comment on our blog. David M. Smith - Click here for more information on David Smith.
Posted on Toronto Estate Law Blog on November 19, 2009 at 12:45 PM

Jurisdiction and Venue for Will and Trust Disputes in Texas

M. Keith Branyon (partner, Jackson Walker LLP) has published his article entitled Jurisdiction and Venue for Will and Trust Disputes, The Advocate, Fall 2009, at 61. An excerpt from the article is below: Jurisdiction and Venue in will and trust...
Posted on Wills, Trusts & Estates Prof Blog on November 19, 2009 at 8:00 AM

Passing Wealth for the First Time Can be Scary

The Financial times reports that although the current financial climate may have deceased the assets of the self-made-wealth entrepreneurs of the last decade, these newly-rich families still have enough assets to worry about. The article claims that families with inexperience...
Posted on Wills, Trusts & Estates Prof Blog on November 19, 2009 at 8:00 AM

Are you Mom's Favourite?

In Estate Litigation we are faced every day with feuding families. Is the fight avoidable or inevitable? For those of you with siblings, I'm sure at some point in your lifetime you've gotten upset and yelled those words which for some reason really hit home: "Mom always liked you best". On some level, favouritism, or the per
Posted on Toronto Estate Law Blog on November 19, 2009 at 6:00 AM

New Estate Tax Legislation Introduced

On Nov. 18, Senators Tom Carper (D-Del) and George Voinovich (R-Ohio) introduced S.2784, which would freeze the federal estate tax at 2009 levels. For more information, see Sens. Carper & Voinovich Introduce Bill to Fix Estate Tax, Press Release, Nov....
Posted on Wills, Trusts & Estates Prof Blog on November 19, 2009 at 3:00 AM

Update on Estate of Former Fiat Chairman

I previously reported the legal battles surrounding the estate of Gianni Agnelli, former chairman of Fiat Agnelli's daughter, a primary beneficiary of Agnelli's estate, claims that the estate contains undeclared assets held in Swiss accounts, worth as much as $1...
Posted on Wills, Trusts & Estates Prof Blog on November 19, 2009 at 3:00 AM

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