Friday, February 27, 2009
Monday, February 23, 2009
Thanks to the Wills, Trusts & Estates Prof. Blog for this update.
Friday, February 20, 2009
In the Ledger case, he had created a simple 3 page will in Australia before becoming famous...and before becoming a parent. The will left everything to his parents and siblings. News stories indicate that his family has given up the $20 million estate, which went to his 3 year old daughter.
The story continues to evolve though; nominated for an Oscar, the question becomes, what happens to the statue is he wins? Yahoo News has a nice story detailing the plan to have the Oscar held in a trust until his daughter reaches 18 and can legally sign a contract indicating that she won't sell it on the secondary market.
Sunday we'll find out if he wins, and a trust would be created. Enjoy the awards show.
Tuesday, February 17, 2009
The New York Times ran an article titled "Learning to Share" by David Cay Johnston in September 2008. He wrote:
Unequal distributions, however sensible they may seem to parents, often dredge up sibling rivalries. Claims that a favored child exercised undue influence over a parent, especially an aged parent, can find their way to the courthouse, where defending the will takes its toll through legal fees.If you are thinking about treating your children unequally in your will, I recommend you read his article and consider his suggestion -- approaching the kids while you are still alive. Especially those with a smaller share.
Sunday, February 15, 2009
I encourage you to visit the site and research an organization you are interested in. The site has list of the 10 organizations that are in the red, those that have sky high adm costs, and those that are doing wonderful.
Friday, February 13, 2009
Natural Passings: Reclaiming the End of Life. An ongoing conversationClick here for more details.
March 27th, 28th and 29th, 2009
A grassroots look at Death, Dying and Burial, in a weekend workshop that will introduce participants to: green burials, consumer rights, ethical wills, home funerals, options for funeral ceremonies and alternative ways of interring our loved ones.
Families and caregivers deserve meaningful participation in and support for handling the end of life. Come join the conversation. Come prepared to be informed, empowered and inspired.
McKay Center Auditorium
1207 Seminole Hwy, Madison, Wisconsin.
Thursday, February 12, 2009
When she died on Christmas Eve with eight members of her family, Alice Ortiz unwittingly broke the lease she held on an apartment in Upland.
Now the landlord, Broadstone Foothill Apartment Homes, wants its money, $2,821.23 in all, according to documents obtained Wednesday.
A Jan. 29, itemized invoice to Ortiz's survivors claims the dead woman's estate owes $1,655 to the apartment complex on North Central Avenue for "insufficient notice to vacate."
Tuesday, February 3, 2009
Any way a person can organize his or her affairs, especially financial passwords, is a good idea. For the tech savvy, this might be an option to learn more about. The three companies mentioned were: