September 2012 Archives

What place do your pets have in estate planning?

Have you ever stopped to think about what would happen to your pet or pets in the event of your untimely death? For many people, there may be an assumption that somebody will step in to care for the ownerless pet. While this may be true for some, it is no guarantee. Especially for those who are single or elderly, the question of what happens to their pet may not be one they wish to leave to chance.

Will dispute keeps actor's body on ice, estate in limbo

The body of Sherman Hemsley, the actor who played George Jefferson on the television series All in the Family and The Jeffersons, is currently in limbo as a legal dispute prevents his estate from putting it to rest. Hemsley's body was recently ordered to be placed in a freezer at a funeral home in San Jose after a man claiming to be his brother contested his will, requesting his possessions and remains.

Things to consider in selecting a trustee to manage trust assets, P.2

In our previous post, we began discussing several factors to take into consideration when selecting a trustee to manage your trust assets. As we already mentioned, it is important to consider the size and complexity of the trust assets, as well as the ability of any family members to carry out the tasks of a trustee while leaving personal interests aside.

Things to consider in selecting a trustee to manage trust assets, P.1

Selecting a trustee to manage trust property is a big decision, and it is important to make the right one. Because acting as trustee requires a significant amount of time and some knowledge of tax law and money management, not everybody is fit for the task.

Survivorship policies can help heirs avoid having to sell illiquid assets

Estate taxes are an important part of estate planning. On the one hand, there is the task of doing everything possible to minimize estate taxes. Various tools and techniques are used for this purpose. On the other hand, there is the task of proving the funds to pay for any estate taxes that are unavoidable. People sometimes overlook this latter task.

Season tickets are at the heart of Lumpkin family probate litigation, P.3

In our last couple posts, we have been writing about ongoing probate litigation between Julia and Frank Lumpkin III, the son and daughter of Frank Lumpkin Jr., who died in 2000. As we noted, Julia Lumpkin removed was judicially removed last month as a representative of her parents' estate. What we didn't mention before is that Julia Lumpkin was the probate judge in charge of the case.

Season tickets are at the heart of Lumpkin family probate litigation, P.2

In our previous post, we began speaking about a long-time probate dispute between the son and daughter of Frank Lumpkin Jr., who was a die-hard Georgia athletics fan. The dispute, we noted, concerns season tickets. Such disputes, while not common, can and do occur.

Season tickets are at the heart of Lumpkin family probate litigation, P.1

Disputes during probate administration can involve a number of issues. One very common one, of course, if fighting over specific assets. One asset that may not come to mind immediately, is season athletics tickets. Disputes over season athletics tickets are not terribly common, but can be very disruptive when they arise.

Mr. Teiger, Thank you very much for your time and results. I will definitely recommend you & your firm to anyone who wants to be treated professionally courteously and needs results.Hope all is well.Again...thank you. Regards, Paul L.

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