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

I would rather have it said, ‘He lived usefully,’ than, ‘He died rich.’

  • Benjamin Franklin

Many people erroneously ascribe to Adam Smith, the founder of modern economics, an ideological  hostility to taxation that he did not in fact espouse. In his time, he would have been known as a “moral philosopher,” and his first work

Here is a potpourri (and you thought that was just a Jeopardy category) of recent articles touching on the world of Trusts and Estates. Hey, you can’t expect a musical entry every week.

From Forbes:

Estate Tax Nightmare: Three Weddings, Two Funerals, And A Mexican Divorce:

“. . .this week’s topic offers a critical

In this week’s New York Trusts and Estates blog entry, Sally M. Donahue discusses one of the many recent changes to the law regarding statutory short form Powers of Attorney, that change being the possible award of monetary damages, reasonable attorney’s fees and costs against a third party who is found to have acted unreasonably

As a trusts and estates practitioner, part of my practice is to help my clients formulate an estate plan.  The plan usually includes a Will, a Heath Care Proxy, a Living Will and a Power of Attorney.  Some people opt to place some or all of their assets in a Trust.  Assets also can be