Phyllis Gurwin died in April 2024, age 95. If the name doesn’t ring a bell, maybe this will help: her first husband was Fred Pressman, son of the man who launched Barneys, the onetime posh men’s clothing store in New…
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“When life gives you limes, make margaritas,” said Jimmy Buffet, rephrasing the old adage. Right now, the co-trustees of Buffet’s estate plan have limes. Lots of them. And it’s going to take more than a pitcher of margaritas to fix…
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If you are thinking about naming successor co-trustees to administer your trust, you must carefully consider if the individuals are likely to get along when the time comes for them to take over. Many times the arrangement works out… but…
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Tony Bennett sang I Left My Heart in San Francisco – but he left his family’s trust assets in the hands of his oldest child, Danny Bennett. And that’s a melody his siblings are not happy to hear. His two…
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If you have a child, grandchild or other loved one who is suffering from a substance abuse problem, your situation is far from rare. Over 20 million Americans are addicted to alcohol or illicit or prescription drugs. Many others have…
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Leonard Cohen, the prolific songwriter, singer and poet, died November 7, 2016 at age 82. His well-known songs include Marianne, I’m Your Man, and the iconic Hallelujah. Cohen once said that he turned to songwriting just to pay the bills,…
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Lisa Marie Presley, the only child of Elvis Presley, aka the King of Rock & Roll, died of cardiac failure on January 12. She was 54. A potential contest for control of her estate has already begun, a mere two…
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2026 Update Currently, there is no law in Florida authorizing or regulating the rules for a ladybird deed. On a number of occasions, the Florida legislature has considered establishing such a law, but has been unable to reach an…
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Oh My God I’m Getting Older And So Is My Mom on July 18 featured Joseph Karp and Jonathan Karp. The father-son lawyer duo had a lively discussion with host Scott Greenberg about some intriguing topics: why some people are…
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We often note in our posts that when leaving an inheritance to children, “equal” is not always “fair.” This applies if your children are adults, and it also applies if one or more of your children are minors. A prudent…
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