One of the stranger legal stories to pop up recently is the tale of Floridian and millionaire John Goodman. In 2010, Mr. Goodman was in a fatal car accident that left another man dead. After fleeing the scene, Mr. Goodman was arrested under suspicion of drunk driving and faces criminal charges that could leave him in jail for up to 30 years. He's also facing a wrongful death lawsuit filed by the family of the crash victim. Much of Mr. Goodman's Wells is owned by an irrevocable trust he had … [Read more...] about The Millionaire, The Deadly Car Crash And His Girlfriend/Daughter
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Nebraska Leads Nation In Considering Digital Estate Planning Legislation
If there is one group of people that is most likely to need estate planning services and yet least likely to have a significant presence on the internet, it is seniors. It is perhaps because of this fact that the issue of digital estate planning has not received a lot of attention by either legislators or estate planning lawyers. However, it appears that lawmakers in Nebraska stand ready to reverse this trend and adopt the first kind of legislation that directly addresses digital estate planning … [Read more...] about Nebraska Leads Nation In Considering Digital Estate Planning Legislation
Copper Mining Heiress’s Family Alleges Fraud
The Huguette Clark estate is once again back in the news, with word that her distant relatives are now alleging fraud on the part of her nurse, accountant and attorney. If you are unfamiliar with the case, let us bring you up to speed. Ms. Clark died in 2011 at the age of 104, leaving behind an estimated worth of about $400 million. She had been the sole surviving descendent of former United States Senator William Clark, a mining tycoon after whom Clark County Nevada is named. Ms. Clark's … [Read more...] about Copper Mining Heiress’s Family Alleges Fraud
Talking To Aging Parents About Money
For an aging parent, the change from being independent and caring for others, to becoming someone who relies on others on a daily basis, is often fraught with highly charged emotions and difficult transitions. When you add the difficult topic of money to the mix, bringing up financial discussions with your aging parent can sometimes feel almost impossible. Let's look at several tips you can use in order to have a positive discussion about the topic. Tip 1: Set out your desires. When you … [Read more...] about Talking To Aging Parents About Money
When a Parent Dies And Leaves Behind a Full House – 3 Tips
While your parent may have an estate plan that covers the big financial concerns of who gets an inheritance and what happens to the house, what about all the personal property that has accumulated over the years? There isn't always clear guidance about what should happen to the kitchen appliances, the furniture, photo albums and all the other stuff that we all have. If you're feeling overwhelmed by the accumulated possessions your parent has left behind, there are some practical steps you can … [Read more...] about When a Parent Dies And Leaves Behind a Full House – 3 Tips
