A recent lengthy but interesting series of stories (Part I and Part II) on the odd heiress, Huguette Clark, appeared to prompt a good article yesterday from Bob Sullivan, who covers Internet scams and consumer fraud for msnbc.com. Mr. Sullivan’s posting focuses upon allegations and situations involving elder financial abuse, which is a significant portion of my own law practice. I suggest that you read the [...]
Archive for the ‘Rights of beneficiaries’ Category
Stealing From Grandma And Grandpa—Inheritance Theft
Posted in Breach of fiduciary duties, Duties of executors, Duties of trustees, Misappropriation of assets, Powers of attorney, Rights of beneficiaries, Self-dealing, tagged power of attorney, undue influence, Huguette Clark, Bob Sullivan, elder abuse, financial abuse, elder financial abuse, attorney, accountant, elder theft, financial exploitation, Elder Justice Act, elder law attorney on August 28, 2010 | Leave a Comment »
Inheritance Hijackers: Who Wants To Steal Your Inheritance And How To Protect It
Posted in Breach of fiduciary duties, Duties of executors, Duties of trustees, Misappropriation of assets, Rights of beneficiaries, Self-dealing, Will contests, tagged assets, trust, beneficiary, litigation, fiduciary, Inheritance Hijackers, inheritance theft, Robert Adamski, inheritance, victim, Protect Your Estate on August 6, 2010 | Leave a Comment »
At the recommendation of a client, I have recently started reading a fascinating book entitled Inheritance Hijackers: Who Wants To Steal Your Inheritance And How To Protect It (Ovation Books 2009) written by a Florida attorney named Robert C. Adamski. The book is primarily written for beneficiaries and potential beneficiaries of an inheritance. Mr. Adamski’s book sets forth an extensive [...]
Arkansas Court Of Appeals Rules Dying Woman Not Competent To Execute Deed
Posted in Breach of fiduciary duties, Misappropriation of assets, Recent Arkansas appeals, Rights of beneficiaries, tagged competent, confidential, deed, duress, incapacity, invalid, mentally impaired, Pulaski County, trust, undue influence on May 2, 2010 | Leave a Comment »
Sorry for no posts as of late—I’ve been tied up preparing for, and then engaged in, a lengthy trust litigation case in which the jury, after a 6 day trial in Pulaski County Circuit Court, returned a significant verdict for our clients. I’m just now trying to catch up on other work, but hope to resume regularly [...]
Federal Appeals Court Rules Against Estate Of Pinup Anna Nicole Smith, “Widow” Of Elderly Texas Billionaire
Posted in Duties of executors, In the news, Interpretation of wills/trusts, Rights of beneficiaries, Will contests, tagged Anna Nicole Smith, Ninth Circuit Court of Appeals, probate court, will contest on March 21, 2010 | Leave a Comment »
One of the longest-running estate and trust battles on record added another chapter with the Ninth Circuit Court of Appeals’ recent ruling in the saga involving Anna Nicole Smith, now deceased, and her estate’s attempt to claim a chunk of her former husband’s billion-dollar fortune. Specifically, Anna Nicole, stripper-turned-Playboy model-turned-pop-celebrity, married elderly oil magnate J. Howard Marshall in [...]
Arkansas Court Of Appeals Rejects Cousin’s Attempt To Set Aside Gifts To The Decedent’s “Yardman”
Posted in Interpretation of wills/trusts, Powers of attorney, Recent Arkansas appeals, Rights of beneficiaries, Will contests, tagged competency, deceased, impairment, incompetent, mental capacity, power of attorney, quitclaim deed, revocable trust, undue influence, will on March 13, 2010 | Leave a Comment »
One common thread running throughout this blog since its inception has been the issue of competency, i.e., the ability of a person to make informed decisions. Conflicts often arise when ill or elderly people are claimed to have made signficant decisions regarding disposition of their property shortly before they died—sometimes the decision will be legitimate, the culmination of some long, thought-out [...]
Court Rules Testator Was Not Under Insane Delusions When He Revoked His Will
Posted in Interpretation of wills/trusts, Recent Arkansas appeals, Rights of beneficiaries, Will contests, tagged will, will contest, intestacy, intestate, revoke, revocation, Arkansas lawyer on February 25, 2010 | Leave a Comment »
It has been estimated that well over 1/2 of all Americans do not have a will. I personally know many attorneys that do not even have a will, even though virtually every Arkansas lawyer passed a bar examination covering wills and trusts and more than likely also took a decedents’ estates class in law school. Whether [...]
Court Rules Handwritten Note Found By Deceased’s Mother Did Not Result In Change Of IRA Beneficiary
Posted in In the news, Interpretation of wills/trusts, Recent Arkansas appeals, Rights of beneficiaries, Will contests, tagged arkansas, Court of Appeals, handwritten, holographic, IRA, will on February 11, 2010 | Leave a Comment »
As previously discussed on this Blog, a common fact scenario in estate, trust and probate lawsuits involves an eleventh-hour change in a dying person’s final wishes regarding their property. Quite often the last-minute decision appears legitimate, although occasionally there is an aura of suspicious facts and circumstances surrounding the event which arises to the level of an “inheritance theft.” [...]
UPDATED: Dispute Erupts Over Wealth Of Deceased Billionaire Shopping Mall Developer
Posted in Duties of executors, In the news, Interpretation of wills/trusts, Misappropriation of assets, Rights of beneficiaries, Will contests, tagged Baby Boomer, Bren Simon, Central Arkansas, Melvin Simon, Park Plaza Mall, Parkinson's, shopping mall, Simon Property Group, trust, University Mall, Wall Street Journal, wealth war, will on January 29, 2010 | Leave a Comment »
Pretty much anyone who has lived in Central Arkansas over the last few decades has been aware of if not actually visited University Mall in Little Rock’s midtown area. While it used to be the hot spot for shopping many moons ago, in more recent years it became better known for its empty stores and the litigation that resulted from disputes [...]
Removal Of An Executor (Personal Representative) From An Estate Under Arkansas Law
Posted in Breach of fiduciary duties, Duties of executors, Misappropriation of assets, Rights of beneficiaries, tagged administer, arkansas, asset, beneficiary, conflict, conflict of interest, debt, distribute, estate, executor, fiduciary, good faith, heir, intestacy, intestate, letters, manage, passed away, personal representative, probate, property, removal, remove, testamentary, will on January 9, 2010 | Leave a Comment »
As previously discussed on this Blog, an executor, also known as a personal representative, is a person who is charged with the responsibility of administering an estate after another person has passed away. They will typically do things like collect and inventory the deceased’s assets, manage the property, pay the debts, and distribute property according to [...]
