■ Proper Prenup Protects Estate: W and H signed a prenup agreement. Both were represented by counsel, engaged in discovery, and schedules of assets, liabilities and income tax return were attached to the agreement. H and W married July 8, 2003. H died March 9, 2008. On March 31, 2008 W filed a caveat…
Summary: So last month we gave you exiting tidbits for each of the front nine. To assure you have talking points for the rest of the course, here’s some for the back nine. Hole #10 Start the back 9 with a cool acronym “BDIT” a Beneficiary Defective Inheritor’s Trust. The BDIT is creation of…
Summary: Instead of addressing real tough issues, let’s throw a fake. Death panels are a low blow fake, even for a moose hunter. But get real. Granny isn’t getting unplugged, but she should be responsible to address these issues while she can, but most don’t. Here’s a reality check – checklist on the non-existent…
Trust Protects Against Later Suit: Florida resident Grantor established a Trust. On Grantor’s death Trust divided amongst Grantor’s children. Defendant is the lifetime beneficiary of Trust which provides: ◙ The Trustee may, in the Trustee’s sole and absolute discretion, distribute to or for the direct or indirect benefit of B so much of the net…