It would represent the largest U.S. corporate tax increase in this millennium and make Oregon something of a Pacific Northwest welfare state.
The reality is that most couples can benefit from prenuptial contracts.
The estate was ordered to make the payment in February as a result of the late businessman's fraud.
The request follows a settlement by Viacom Inc.’s controlling shareholders Sumner Redstone and his daughter.
“This is the biggest single event in the estate planning world probably since the 1980s," one CPA said.
Also, a Minnesota court dismissed claims by 29 others who sought a piece of the $300 million estate.
Choosing the right jurisdictions for your client's charity involves more art than number crunching.
Jim McCann gave up his CEO title in June and is using his time to focus on charity and other business interests.
The next generation of tycoons is set to emerge in India.
Viacom's CEO claims the company’s controlling shareholder is incapacitated and being manipulated by his daughter.
Its 10 trustees have been averse to deals, scuttling efforts to separate them from their candy-coated source of cash.
Trillions of dollars parked in savings accounts are set to be released in the coming years as Japan's death rate climbs.
The family fight over Sumner Redstone's estate is headline news. Here's how to protect your clients from a similar nightmare.
Fiduciaries who need access to a deceased client’s digital assets continue to run into a web of obstacles.
Rich immigrants are streaming into the U.S. and they’re bringing lots of assets and estate planning needs with them.
Rich clients are increasingly pondering this question as they try to create wills that will enhance rather than ruin their children’s lives.
Sumner Redstone is being sued by two Viacom executives who were removed from the trust that controls his $40 billion empire.
Most private foundations are family efforts, says a survey by Foundation Source.
Every time a high-profile celebrity dies without a will, estate lawyers say they see a flurry of planning discussions.
Wyly shuffled assets among a network of offshore trusts to evade millions of dollars in taxes, the judge ruled.