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

Posted in Business Law, Estate Planning, Succession Planning | Tagged , , , , , , , , , | Leave a comment

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

Posted in Estate Administration, Estate Planning, Ethics, Probate | Tagged , , , , , , , , , , | 14 Comments

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

Posted in Estate Planning, Guns, Revocable living Trust | Tagged , , , , , , , , , , , | 17 Comments

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 , , , , , , , , , | 3 Comments

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

Posted in Estate Planning, Funeral Planning | Tagged , , , , , , , , , , , | 4 Comments