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Helping You Navigate Complex
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Helping You Navigate Complex Legal Issues

April 2014 Archives

Gregory A. Lang

Estate of Mickey Rooney is lesson in protection from exploitation

It has all the elements of a juicy soap opera script. A man has nine children from eight marriages. He is separated from the eighth wife because her son stole all of his money. After being worth millions at one point in his life, his estate is worth $18,000 at his death due to mismanagement of his financial affairs. And his estranged wife and her children are fighting over where the man will be buried.

Should each child be treated equally during estate planning?

If you have more than one child, how the siblings are treated in your estate plan can be one of the most emotional parts of planning. And it can also be one of the most contentious parts of estate administration. A common strategy is to treat each child equally when it comes to the distribution of assets.

Just how effective are online end-of-life plans?

These days, most of us probably don't give a second thought to the idea of logging onto the Internet to purchase clothes, rent a movie, apply for a job or even file our taxes. In fact, it is precisely because of this relative comfort and familiarity with the Internet that more and more diverse services are now being offered digitally to consumers.

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