Minnesotans considering trust litigation may want to consider the case of a wealthy polo club owner. The entrepreneur established an irrevocable trust naming his two biological children as beneficiaries. He also appointed a wealth management firm to oversee the...
Blog
Month: February 2012
Beneficiaries beware: estate litigation becomes common occurrence
Minnesota beneficiaries may be able to learn lessons from the famous estate disputes of celebrities. Public lawsuits over celebrities' estates have brought light to such issues as self-dealing, proper execution of trusts and misuse of funds. Some attorneys and judges...
Questions of residency in estate administration
For some Minnesotans, the question of where to open an estate may be a bit complicated if the estate owners pass away with assets located in more than one state. For example, some residents in the Twin Cities area may split their time each year between two homes, one...
New Alzheimer’s discoveries could reduce financial exploitation
As Minnesotans know, older adults can be especially vulnerable to financial exploitation, and sometimes, if coercion or undue influence is suspected to have affected a person's end-of-life wishes, disputes can arise that lead to will contests and other kinds of...