Will Rogers, a folksy humorist for those too young to know, once said that “a  Republican moves slowly. They are what we call conservatives. A conservative is a man who has plenty of money and doesn’t see any reason why he shouldn’t always have plenty of money. A Democrat is a fellow who never had

Recently, I read a newspaper article reporting that Bing Crosby’s estate is selling an equal stake in the rights to Bing Crosby’s catalog to Primary Wave Music for an estimated $50 million dollars, making Primary Wave Music and the estate partners.  Of late, contemporary musicians, such as Bob Dylan and Neil Young, have made lucrative

I. Tax changes, the latest developments.

The Trusts and Estates community is awash with rumors of the tax changes being proposed in Washington. Every day, the inbox is filled with rumors, invitations to webinars on planning opportunities, and the “dire” consequences of some of the proposals.  The lobbyists are more numerous in Washington than people

Many people have been following the developments in the conservatorship of Britney Spears.  It is hard not to since the matter has been in the headlines so often of late.  Ms. Spears alleged gross financial and personal abuse by her father, who, until he was suspended earlier this week by Los Angeles Superior Court, had

Pity the poor estate planners. They are like zookeepers managing an ever increasing menagerie of exotic beasts, creatures of the tax code and regulations designed to take maximum, albeit legitimate, advantage of the complexities increasingly built into the system.  For example: CRATs, CRUTs, FLPs, Zeroed-Out CLATs, Stretch IRAs, RMDs, GRUTs, DAPTs, Grantor Trusts, SLATs, etc.

Dorothy Parker is known for having been a prolific writer and poet.  She was born in 1893 and died in 1967.  She is famous for her satirical style and biting wit.  She was a member of the legendary Algonquin Round Table, a group that included Robert Benchley, an American humorist, and Robert E. Sherwood, an

Daniel Craig is a prominent actor, one of the most recent incarnations of  the James Bond franchise. Mr. Craig made headlines recently with his announcement that he finds that “inheritance is distasteful.” He plans to give little if anything to his children and the rest to charity. Shocking. Positively shocking? No, a charitable disposition is

Last week we introduced the story of a battle over a portion of the Walt Disney fortune. His grandson is challenging the sale of a ranch in Wyoming by the trustees of a family trust. The article reporting the story contained a number of questionable statements that might be worth reviewing if only to illustrate