Estate Planning

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Open Channels

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People are about to pass along a lot of wealth to their children. But they aren’t talking about it. That’s bad.

Orphan Endowments Of Dead Schools Bedevil U.S. States

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Colleges don't legally own endowments, so they fall under a patchwork of state laws when schools go bankrupt.

The World's Aging Rich Are Plotting What's Next

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A quarter of the wealthiest in U.S., Europe are over 80.

Lebenthal Case Reveals Bond Heiress On Verge Of Selling Firm

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How did a prominent New York socialite wind up in a legal battle with an old friend over $438,000?

Prince, Sinatra, Fernandez, Clancy: All Left Estate Messes

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The celebrity deaths provide lessons in what not to do in estate planning, says one estate attorney.

Americans Unprepared To Transfer Trillions, Report Says

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Too few wealthy benefactors are preparing their heirs to take on their sizable inheritances, RBC Wealth Management says.

Estate In Limbo After Atlanta Man Is Charged WIth Killing His Rich Wife

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In the wake of Diane McIver's death, her husband faces manslaughter charges and her estate faces a $1 million lawsuit.

Steve Wynn Ex-Wife's Lawyers Are Barred From Suit Over Stock

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Elaine Wynn was handed a setback in her fight with her ex-husband, casino mogul Steve Wynn.

Deutsche Bank Sued In U.S. by Jewish Trust Over $3 Billion

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The trust that claims the firm wrongly withheld as much as $3 billion from the heirs to a wealthy German family.

Trump's Treasury Pick May Have Used Tax Loophole Obama Attacked

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Steven Mnuchin may be using a loophole that allows rich families to shield their wealth from estate taxes for generations.

Law Students Increasingly Eye Elder Law

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Elder law is one of the fastest-growing, and among the few growing, segments of the legal profession.

Estate Tax Repeal Under Trump Would Benefit President, Cabinet

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Abolishing it would save more than $20 billion a year for the millionaires and billionaires the tax applies to.

Where Charitable Giving May Be Headed With Trump

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Income inequality, not surprisingly, affects giving.

Redstone In New Spat With Ex-Girlfriend Over Carlyle Apartment

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Sumner Redstone’s feud with Manuela Herzer led to a battle over control of his $40 billion media empire.

Cheer Up, America: 1,700 Millionaires Are Minted Every Day

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The biggest generational transfer of wealth in history has begun.

Redstones Said To Oppose Giving Moonves Their CBS-Viacom Votes

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The Redstones have said publicly that they won’t support a deal that requires them to give up control of CBS or Viacom.

Redstone Ends Trust Battle After Meeting With Granddaughter

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The resolution ends all outstanding disputes over Redstone’s trust.

Bankrupt Billionaire Sam Wyly, Family Settle SEC Fraud Suit

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Wyly agreed to pay $198 million to settle the fraud suit.

Powell Jobs Invests in Producer Of Film ‘Spotlight’

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A socially conscious fund started by billionaire Laurene Powell Jobs has acquired a stake in film company Anonymous Content.

Dead Billionaire’s Art Stash Gathers Dust Amid French Tax Trial

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The heirs of Daniel Wildenstein are accused of hiding artworks worth hundreds of millions to slash inheritance taxes.

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