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 »
In the National Business Institute (NBI) on-demand webinar, “Drafting a Simple Trust (With Bonus Clauses),” Partner Larry Osborn presented a session titled “Post-Drafting Tasks: What Happens After You Draft the Trust?” He examined... Read more »
A trustee generally has greater authority than a beneficiary to manage and control trust assets, but the two roles serve entirely different purposes. A trustee administers the trust and may have authority... 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 »
Mortgage Trust Gaps are Becoming Visible in the AI Era Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 1 hour ago Latest Source... Read more »
Trust Matter Trustees Beneficiaries Counseling for Trustees The job of a trustee often requires making difficult decisions, such as selling trust property against beneficiaries’ wishes or investing trust assets. A trust attorney provides... Read more »
Determining whether to get involved in a trust dispute as a trustee is a complicated matter, so you should consult with a trust lawyer regarding your individual case. If the terms of... Read more »
JLL Capital Markets said Wednesday it had arranged the $1.625-billion sale and financed a significant portion of the portfolio of an 11-property, 3,620-unit multifamily portfolio spanning Southern California’s most supply-constrained submarkets. The transaction... Read more »
Cushman & Wakefield, along with locally based buyers DMJ Capital Partners, LLC and StoneSteps Real Estate, LLC, announced the acquisition of a multi-tenant office property, located at 169 Saxony Rd. in Encinitas, for... Read more »
No, marriage doesn’t in and of itself “override” a will. It can, however, protect a surviving spouse’s rightful share of the decedent’s estate. To put it another way, if a decedent’s will... Read more »