- David Coffey | September 17, 2007 4:23 PM | Victoria, TX
Category:
Miscellaneous
The head of the Hilton clan, Barron Hilton, has decided to disinherit all of his grandchildren. He is particularly "embarrassed by how the Hilton name has been sullied by Paris." He has chosen, instead, to leave his fortune to the Conrad N. Hilton Foundation.
- David Coffey | January 04, 2007 11:07 AM | Victoria, TX
Category:
Miscellaneous
President Bush is once again pressing congress to make his tax reforms permanent. The Democratic Congress looks to be taking a guarded approach given the financial constraints of the federal budget especially considering the cost of the Iraq War and its inherent uncertainties.See, The Democrats' Cautious Tiptoe Around the President's Tax Cuts
- David Coffey | January 03, 2007 3:18 PM | Victoria, TX
Category:
Miscellaneous
Republicans have previously been unwilling to discuss any estate tax reform short of full repeal. With the Democratic takeover of the House and Senate, this may no longer be the case. Charles Rangel, the incoming Chair of the House Ways and Means committee has favored repeal for some time and may be inclined to sponsor legislation increasing the current estate tax exemption. See, Democratic...
- David Coffey | January 03, 2007 3:00 PM | Victoria, TX
Category:
Miscellaneous
The New York Times had an interesting article last week on the cost of Elder Care. Elder Care Costs Deplete Savings of a Generation. Not only are the rising costs of care for the elderly eating away at their savings, their children are also spending their own money as well. Advance planning is absolutely necessary to ensure that no one has to bankrupt themselves in order to care for loved...
- David Coffey | July 27, 2006 8:53 PM | Victoria, TX
Category:
Miscellaneous
It has long been the law in Texas that attorneys could not be sued for negligently advising and preparing wills. That may no longer be the case. The Texas Supreme Court in Belt v. Oppenheimer, Blend, Harrison & Tate, Inc. held that "there is no legal bar preventing an estate's personal representative from maintaining a legal malpractice claim on behalf of the estate against the decedent's...
- Robert Soliz | July 13, 2006 6:20 PM | Victoria, TX
Category:
Miscellaneous
In this strange case, former Playboy Playmate, Anna Nicole Smith, alleged that her stepson, E. Pierce Marshall, Jr. ("Pierce") had interfered with her inheritance rights. Having already lost her claim that her dead husband, J. Howard Marshall, II had promised to leave her half of his estimated $1.2 Billion estate, in probate court, Ms. Smith then pursued this claim against Pierce in U.S....