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The estate administration process involving the late Mary Kennedy's estate has taken a step forward, as the son of Mary and Robert Kennedy Jr. has been appointed as the administrator of the estate. Conor Kennedy, the couple's eldest son, turned 18 in late July and on...
Californians may be interested by a recent New York Times piece on the predicament of parents and children who have experienced the turmoil of inheriting a large sum of money. While this certainly seems like a very fortunate problem to have, some heirs have claimed...
The California Court of Appeals has recognized for the first time that an unmarried same-sex partner may have what is known in legal language as expectation of inheritance. That result was reached in the ongoing inheritance case of a late California man and his...
A new bill being considered by the California State Legislature could produce some interesting side effects in the area of wills, trusts and probate administration. The bill, however, is primarily concerned with family law matters and seeks to eliminate the legal...
A living will is a somewhat novel concept for a corporation. The idea appears to be borrowed from personal living wills, which direct the chosen proxy and other parties to a person's health care wishes should they become incapacitated. In the same way that big bank...
California residents may have seen the news that a multi-millionaire went missing last week under mysterious circumstances. Now the fallout over the man's disappearance seems to be coming to a head, as his wife and mother wrestle over control of the man's numerous...
The controversy surrounding the estate of painter Thomas Kinkade, including his palatial mansion in Monte Sereno, California, will continue as the court begins probate proceedings early next month. Among the issues at the heart of the controversy are the validity of...
Sacramento residents may want to prepare themselves for a tax hike next year. According to Republicans, in 2013 we will see the largest tax increase in U.S. history. From a pure dollars and cents perspective this is true, but when measured as a percentage of gross...
California residents are living more and more of their lives online. Many areas of law have evolved in response to the popularity of online activities. But laws governing what happens to a person's online assets--which can include blogs, email accounts and social...
Without federal legislative intervention before the New Year, the current generous gift tax exemption of $5.12 million could revert to $1 million. People in Sacramento seeking to pass along their financial assets might want to calculate the effect a vastly reduced...