Prince Died Without a Will. Business Owners: who are your advisors?

CNN just posted an update on the Prince Estate dispute: possible heirs narrowed down to six @CNN https://t.co/imje7PyaqR A while back I posted about some lessons from Robin Williams’ Estate. I wrote about Robin Williams’ Estate as “an example of the problems that can erupt after a loved one passes away – even if that lovedContinue reading “Prince Died Without a Will. Business Owners: who are your advisors?”

“Prince Died Without a Will.” Business Owners Should Ask the Question: Who Are My Advisers?

Yesterday, the ABAJournal posted that Prince’s sister filed in court claiming Prince died without a will. A year ago I posted about some lessons from Robin Williams’ Estate. I wrote about Robin Williams’ Estate as “an example of the problems that can erupt after a loved one passes away – even if that loved oneContinue reading ““Prince Died Without a Will.” Business Owners Should Ask the Question: Who Are My Advisers?”

Robin Williams’ Estate: Lessons to be learned from Estate Litigation.

I previously wrote an article on the dispute between Robin Williams’ widow and his children, you can check out that post here Today, the ABAJournal posted an update on this lawsuit – you can check that out here This story is an example of the problems that can erupt after a loved one passes away –Continue reading “Robin Williams’ Estate: Lessons to be learned from Estate Litigation.”

Robin Williams’ Estate: Dispute between Widow and Children.

The ABAJournal reported a story today: Who gets items from Robin Williams estate? Court has to decide between his widow and his children you can check that story out here From all appearance, it looks like Robin Williams went through his attorney and put together a well thought out estate plan for the benefit ofContinue reading “Robin Williams’ Estate: Dispute between Widow and Children.”

Lessons From Trial: Family Businesses and Disaster Prevention by a Proper Business Succession Plan.

I just finished up a complex and messy trial that spanned over a few weeks centering on a family owned and operated business. The case involved multiple family members over multiple generations, and differing levels of involvement in the family business, and, as it turned out, differing expectations of the business succession plan once theContinue reading “Lessons From Trial: Family Businesses and Disaster Prevention by a Proper Business Succession Plan.”