One can protect an inheritance they leave to a loved one by leaving that share of the inheritance in a Protective Trust. That gives the adult who inherits the money more protection to keep them from losing that inheritance by squandering it, losing it in a divorce, or losing it in a car wreck lawsuit.... [Read More]
Category: Inheritance
What We Really Fear in Our Estate Plan
Many clients come into the office concerned more about the delay, costs and publicity of Probate Court, or potential tax issues. But as they start to open up about their real concerns about leaving inheritance, the concerns are about what if they become mentally disabled? What if their spouse remarries – will their assets go... [Read More]
Paul Walker Estate Sues to Collect Automobiles
Paul Walker, the handsome actor and star of the “Fast and Furious” movie series, died in a fiery car crash on November 30, 2013. His demise was national news as soon as it happened. His Estate aka Probate is now suing to recover 17 very expensive cars which were held by the man driving the... [Read More]
Tom Benson Declared Competent
A Court in Louisiana declared 87-year-old billionaire Tom Benson (owner of NFL Saints and NBA Pelicans Professional Sports Teams), mentally competent. As discussed in my blog of June 8, 2015, titled “Saints Owner Tom Benson Completes the First Week of Competency Trial” that issue was being litigated. The Court ruling allows Mr. Benson to continue... [Read More]
Steve Teaches CE Class – “More After Death Administration” (More from Beyond the Grave)
Estate Planning attorney, Steven Andrew Jackson, will teach a one hour Continuing Education class on “More After Death Administration.” The class will be from 8:00 am to 9:00 am on Wednesday, May 6, 2015, at The Biltmore Building, One North Pack Square, in downtown Asheville. The class is approved for one hour Continuing Education by... [Read More]
Tom Benson Adult Incompetency Lawsuit
The Tom Benson (owner of the NFL New Orleans Saints and NBA Pelicans professional sports teams) adult incompetency lawsuit continues. Per a Court Order three (3) different medical professionals have examined 87 year old Tom Benson regarding his mental incompetency. His daughter and two (2) adult grandchildren brought the lawsuit. The opposing party is Tom... [Read More]
Owner of New Orleans Saints and NBA Pelicans – Sought to be declared incompetent
Tom Benson is the owner of the NFL Saints and the NBA Pelicans. Both professional sports teams are located in New Orleans, Louisiana. His heirs have sought to have him found an incompetent adult and therefore unable to handle his own affairs (they are seeking control of his financial affairs). He had a mental fitness... [Read More]
Spring Comes, Seasons Change
As the warm air and sunshine arrives, the daffodils peek out from the barren ground and we are aware that Spring is coming. During cold, snowy, icy and gray sky days it is easy to forget that time moves forward and that Spring will come. Spring is my favorite season. It is a season of... [Read More]
Ice Storms and the Unexpected in Life
The recent sleet and snow covering Western North Carolina in ice and snow reminds us of our powerlessness against storms. Whether weather storms or unexpected times in life. Recently my friend returned from a trip out of town to find her father jaundiced in color. Upon taking him to the hospital she learned he has... [Read More]
Who Do I Love?
As Valentine’s Day nears we think about “Who do I love?” Estate Planning is all about “Who do I love?” People do Estate Planning because they love someone or something. Whether that love is in the form of affection, respect, validation, encouragement, support, opportunity, friendship, goodwill, charity, or whatever other form “love” may take. Someone... [Read More]