Friday, April 03, 2009 Press Coverage of Estate Planning This Week (April 3, 2009)Arden Dale of Dow Jones Newswires writes about investing trust assets from the institutional trustee's perspective. How flexible a trustee will be often depends on the number of beneficiaries, and whether future conflicts among them are likely. See Changing Investments in a Trust (Apr. 2, 2009).
Deborah L. Jabobs of the New York Times discusses how moving to another state could impact your estate plan. If you move, but fail to sever ties with the former state, both states may make estate tax claims against your estate. See Wherever You Go, the Taxman Goes (Apr. 2, 2009).
Charles V. Bagli of the New York Times recounts a 25-year fight over a New York real estate developer's estate. Two daughters thought their father died broke and without a will in 1956, but learned otherwise in 1983. It turns out the brother had for many years been managing muliple properties passed down from his father. See Family Fued Over Estate Nears an End After 25 Years (Mar. 30, 2009). |