Shipping Mogul’s Widow Claims Stepchildren Cut Off Her Stipend, Files Lawsuit
A Florida widow who expected to be kept afloat for life by her shipping-magnate hubby’s wealth is suing her stepkids in Manhattan for sinking her st... Read More »
Category: Trust
Tags: Estate, Settlement
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Billionaires May Sign Up for Giving Pledge, but Pledge Is Actually Non-Binding
The Giving Pledge emphasizes that it’s a moral pledge. This distinction has a very real legal purpose: it eliminates the ability of Giving Pledge si... Read More »
Tags: Estate, Estate Tax
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Control of Australia’s Rinehart Family Trust Goes to Daughter
As Gina Rinehart now knows, you cannot operate trusts solely out of your own self-interest when others are involved, even if you are the richest perso... Read More »