Apr 262012
 
Thomas Kinkade's Estate Braces For Fight Between Wife, Girlfriend

The estate of Thomas Kinkade, the popular artist and businessman, who was famous for his paintings depicting cottages, idyllic settings, and scenes with Christian themes, is gearing up for a fight between the artist’s girlfriend and his wife. Kinkade’s wife, Nanette, from whom Kinkade was separated at the time of his death, has received a restraining order against the artist’s live-in girlfriend, Amy Pinto-Walsh.  The court documents, filed on behalf of the Kinkade Family Trust, attempt to prevent the girlfriend from making statements or engaging in conduct that would reflect negatively on Kinkade.  They also prevent her from disclosing information More…

Apr 242012
 
Penn State To Pay $5.5 Million To Paterno Estate

Penn State University has disclosed that it will pay an estimated $5.5 million to the estate of Joe Paterno, the university’s longtime football coach who won a record 409 games and two national championships during his tenure.  Paterno was fired last November after details of a sex abuse scandal involving one of his assistant coaches, Jerry Sandusky, were reported to the public. Included in the payment are: a $3 million “career bonus;” a death benefit of $51,000; a head coach bonus of $425,000; a payment of $1,000 a month to his widow for the rest of her life; use of More…

Apr 192012
 
Dick Clark Dies, Leaves Behind Large Estate

Dick Clark, the television host, producer, CEO, restaurateur, concert promoter and real estate investor who helped bring rock music into the mainstream on “American Bandstand” and rang in the New Year for the masses at Times Square, died yesterday of a heart attack.  He was 82. Clark, who for a time in the 1980s was counted among the Forbes 400 list of the wealthiest Americans, left behind an estate worth hundreds of millions of dollars.  Described as a “workaholic,” Clark hosted television shows on all the major television networks, including such hits as the $20,000 Pyramid, New Year’s Rockin’ Eve More…

Apr 172012
 
Britney Spears' Fiance Files To Become Her Co-Guardian

Superstar artist Britney Spears, 30, has filed a request in court that a judge appoint her fiance, Jason Trawick, as her co-conservator to help oversee her personal affairs along with her father, Jamie Spears.  If a judge approves the request, Mr. Trawick would join Jamie Spears in exercising control over the singer’s personal decisions, including her food, clothing, and medical care.  Jamie Spears and an attorney have controlled Ms. Spears’ personal and financial affairs since February 2008, when he sought to intervene after months of Spears’ well-publicized erratic behavior, which culminated in her admission to a hospital for psychiatric treatment.  More…

Apr 052012
 
LGBT Estate Planning Is Very Important In Florida

If you are a member of the LGBT community in Florida, having a properly prepared estate plan is essential. This is because Florida law does not recognize gay marriage, civil unions, or domestic partnerships.  This means that many of the informal niceties occasionally granted to heterosexual couples, such as the ability of husbands and wives to make medical decisions for one another without formal paperwork, does not exist for LGBT couples. Thankfully, Florida law does recognize the validity of legally binding documents, no matter the sexual orientation of the maker.  A Florida revocable living trust and durable power of attorney More…