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March 2013 Archives

Some trust beneficiaries give much of their inheritance away

Trusts are flexible tools that can be tailored to virtually any end. But, when a trust disburses funds to a beneficiary, the control of the trust ends. A recent story from the New York Times, describes how some young people who have received significant inheritances or trusts, gift the money to causes and sometimes directly to other people.

Estate planning is necessary to protect your farm property for your heirs

Estate planning is a powerful tool. Many people put off using it because it encompasses a fundamental fear, that of our own demise. When we discuss the future in terms of estate planning, we really are not speaking about our future, but instead, someone else's. We do not want to think about our end.

James Brown's estate settlement overturned by South Carolina Supreme Court

It is something of a rarity that a case involving a decedent's estate goes to a state Supreme Court, but then suit from South Carolina is somewhat special, in that it involves the estate of James Brown, the "Godfather of Soul," who died in 2006.

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