In previous posts, we have discussed various estate planning documents and how they differ, but many times there is confusion as to what takes effect and when.
The scope of an estate trustee’s power has been highlighted in the recent April 3rd Ontario Court of Appeal decision, Di Michele v. Di Michele, and is causing concern among some practitioners in the field.
Listen to Hull on Estates #374 – Removing estate trustees Today on Hull on Estates, Jonathon Kappy and Stuart Clark discuss removing estate trustees, and reference the recent 2013 case, Hawkins v. Hawkins Estate.
Recent years have seen a dramatic increase in the number of Private Trust Companies (“PTCs”) established by wealthy families.
During a recent interview on Howard Stern’s radio show, described in a Wall Street Journal: Market Watch article entitled “Cooper: No Gloria Vanderbilt Money for me”, Anderson Cooper discussed both his views on receiving large inheritances, and the fact that he will not be receiving any inheritance upon the death of his mother- fashion designer, Gloria Vanderbilt.
Listen to Hull on Estates #373 – Retainer agreements. Today on Hull on Estates, Noah Weisberg and special guest, Jordan Atin, discuss retainer agreements.