Estate Planning

Kouri Richins (hereinafter, “Kouri”) was found guilty of aggravated murder of her husband, attempted aggravated murder, forgery and two counts of insurance fraud on March 16, 2026.  She was sentenced to life in prison without the possibility of parole on May 13, 2026. Shortly after murdering...

A Federal Court of Appeals recently ruled that a failure to complete the entire beneficiary designation form did not invalidate the designation since it was in writing, signed, witnessed and received by the proper office before his death. Gary Herbert (“Gary”) and Kathleen (“Kathleen”) Herbert were...

Anna Nicole Smith’s daughter, Dannielynn, has reached the age of majority, leaving her in full control of the money she inherited from her mother.  It is often recommended by estate planning attorneys that inherited assets be held in trust (i.e., for education, maintenance or support)...

A Ladybird deed is an enhanced life estate deed used to avoid probate after the death of the grantor (the one who signs the deed).  As an example, if you own a home and you sign a Ladybird deed, you retain all the benefits of...

A Florida court has recently ruled a co-trustee’s legal fees of $2 million in suing the co-trustee could be paid from Jimmy Buffett’s trust notwithstanding the petition opposition of the other co-trustee (who is Jimmy Buffett’s widow).  Buffett’s widow has appealed and legal fees continue...

Michael Jackson’s Estate is involved in another lawsuit.  Four siblings of the Cascio family have sued Jackson’s estate alleging he was a child sex predator who raped, drugged and sexually assaulted them at Neverland over ten years starting when they were as young as seven...

A Massachusetts court of appeals has recently ruled that a gift of $5.576 million dollars by agents to themselves under a power of attorney was made in good faith. Frances Fern had a roller coaster relationship with her 4 children – Frank, Tony, Chris and Tracey. ...

Crystal Hefner, widow of the famed Playboy tycoon, Hugh Hefner, has threatened the Hugh Hefner Foundation over concerns that over 3,000 thousand lewd private videos and photos of women in Hefner’s “scrapbooks” could be distributed.  The explicit photos of countless nude women (including possible images...

A financial durable power of attorney gives an agent authority to make financial decisions on behalf of the principal (the one giving the authority).  However, sometimes the agent exceeds the authority granted by the principal.  The repercussion may be greater than the agent may realize. Facts: Son,...

The Financial Crimes Enforcement Network (FinCEN) has a new reporting requirement for closing of some residential property on or after March 1, 2026 in an effort to prevent money laundering. The reporting requirement only is applicable if the following conditions are met: Residential property –(i.e. homes, townhomes,...