Basis is the unglamorous arithmetic that decides how much of your equity you keep when the tax man comes calling, America Foy writes. Not a lot of real estate agents talk about... Read more »
Not directly. Because Biggie Smalls died without a will, New York’s intestate succession laws governed the distribution of his estate. Under those laws, his widow, Faith Evans, inherited 50% of his estate,... Read more »
Generally, no. Only parties with legal standing (i.e., those with a direct financial interest in a trust) have the right to sue a trustee. However, as the Malcolm-Jamal Warner trust dispute demonstrates,... Read more »
Chadwick Boseman’s estate was valued at approximately $3.8 million at the time of his death. After accounting for administrative expenses, probate costs, debts, taxes, and other obligations, the estate’s net value was... Read more »
Trustees and beneficiaries have distinct roles during administration. When the two clash, timely legal guidance can prevent disputes from escalating. When a trust creator (called a settlor, grantor, or trustor) dies, the successor trustee initiates trust administration to distribute trust assets... Read more »
If your spouse recently passed away, you may be wondering: Does Social Security offer survivor benefits to the surviving spouse? When can I collect Social Security survivor benefits? How much will I... Read more »
What Can a Power of Attorney Do — And What Can’t They Do? Power Does the Agent Have Authority? Explanation Can an attorney-in-fact sign for the principal? ✓ If a principal becomes incapacitated, they... Read more »
The Kellie Pickler court battle illustrates how unresolved estate issues and personal property disputes can turn even routine probate matters into costly, drawn-out litigation. Discover how a probate attorney can help streamline... Read more »
The Kellie Pickler court battle illustrates how unresolved estate issues and personal property disputes can turn even routine probate matters into costly, drawn-out litigation. Discover how a probate attorney can help streamline... Read more »
A will that appears out of thin air demands scrutiny. Discover how a probate attorney can help assess the validity of a will. When Anthony Hsieh passed away on November 27, 2020,... Read more »