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Category Archives: Estate Planning
Legacy Lost: The Dwindling Family Inheritance
Ninety percent of family inheritance is often lost within just three generations, according to the Wall Street Journal (Lost Inheritance). By the end of the second generation — to be clear, that’s after your children have passed away — you … Continue reading
New Maryland Slayer’s Law to Disinherit Murderers from Victim’s Estate
What sounds like the plot of a BBC murder mystery tragically became reality for the family of Ann Sue Metz in 2009, when her husband killed her and inherited her estate. Though he was convicted and sentenced for the crime, … Continue reading
The Gun Trust Loophole Exposed by Christopher Dorner
Much has happened in the months since I wrote about how you can use a specialized gun trust to safely bequeath firearms to your heirs. Between Connecticut and Christopher Dorner, the public debate surrounding gun control and the second amendment has … Continue reading
The Beneficiary’s Right to Know the ‘Rain Man’
In the 1988 film “Rain Man,” the estranged son of a millionaire discovers he has been essentially cut out of his father’s estate. Upon his father’s death, Charlie Babbitt (Tom Cruise) inherits a 1949 Buick Roadmaster and a collection of … Continue reading
Posted in Estate Planning, Revocable living Trust
Tagged Estate Planning, Privacy, Trust law, Law, Rain Man, fiduciary duty, beneficiary, right to know, trust privacy, film
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Estate Planning for a Viking Funeral
A “Viking funeral” refers an ancient Norse funerary rite whereby the deceased’s bodily remains and prized possessions are put to sea in a wooden boat that is subsequently ignited by a flaming arrow. Though the tradition may be more Hollywood … Continue reading
