Some EoD perspective

It sounds like a couple of judges from the state Appellate Division in Manhattan didn’t like the arguments put forth by Michael Corbett regarding activities surrounding the estate of William Gottlieb. The Post article doesn’t indicate a timetable for a formal ruling.  We haven’t been able to find additional accounts of the hearing as of yet.  Will keep looking.

The Pennsylvania Supreme Court dismissed years of juvenile convictions issued by former Luzerne County Judge Mark Ciavarella.  Read the story here.  This doesn’t have an estate angle, but it certainly shows how systemic abuse of power can take place in our courts – a charge made by many Involuntary Redistribution of Assets (IRA) targets.

And speaking of IRA, Pat takes to task our terminology:

Redistribution of Assets is not exactly the right term used in this web site; it should be withdrawal of assets, smuggling of assets, and disguising of assets – since that is what occurs in Estate of Denial cases.

If the IRS were to take their obligations seriously, the beneficiaries would be less likely to be targets of thieves, and scoundrels since the IRS stands in the same shoes with the beneficiaries, usually. When one loses, both lose. Of course, beneficiaries can lose twice – once by being raped by the denial, and once perhaps by the IRS, so privity is not so remote as to be negligible in these cases.

Opinions are always welcome.  The “Involuntary” term is a critical part of the phrase.  With no time today for a long philosophy regarding asset redistribution, suffice to say that any reform in this area will first require estate abuse and probate corruption to be recognized as legitimate public policy issues.  As America is currently experiencing an aggressive state-sponsored redistribution (or confiscation) of assets and other wealth through government channels, it seems timely and potentially effective to position IRA as a companion issue quietly occurring on a more individual basis to increasing numbers of Americans.

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  • admin

    I just wanted to let you know that I think the term IRA is PERFECT.

    I read comments from Pat posted in your most recent column. The way I see it is that this is a HIGH LEVEL term that gives an overview of all of its nasty components a term that upon drilling down on would list all of the activities associated with it such as withdrawal of assets, smuggling, disguising etc.

    Since an appropriate TAG line is needed to describe ALL of these activities, I think the term is PERFECT !

    G.T.
    (One IRA Victim)

  • Bill

    Proposed changes in estate law in the UK will leave children of deceased in a very vulnerable position. Basically unmarried”partners” of the deceased will have an automatic claim to the estate. See http://www.telegraph.co.uk/news/newstopics/politics/lawandorder/6454852/Unmarried-partners-to-get-equal-rights-over-inheritance-under-proposals.html

    link can be slow