Archive for December 18th, 2009

Speakes estate ruling disputed
Miss. native’s daughter given control; wife appeals
Jerry Mitchell
December 6, 2009
The Clarion-Ledger
http://www.clarionledger.com/article/20091206/NEWS/912060352/1001/news
Was former White House press secretary Larry Speakes, who is suffering from Alzheimer’s disease, abducted from his wife’s care in 2008? Or had she already neglected and abandoned him?
The state Supreme Court could hear the family feud over who oversees the care [...]

Michael Jackson - Jackson Estate Executors Explain Payment Demands
December 17, 2009
Contactmusic.com
http://www.contactmusic.com/news.nsf/story/jackson-estate-executors-explain-payment-demands_1126079
Michael Jackson’s estate executors have explained their demands for payment in new court documents, insisting they’ve been working 14-hour days, seven days a week trying to stay on top of the King Of Pop’s finances since his death in June (09).
John Branca and John MCClain [...]

Anthony Marshall was convicted of 13 felonies and one misdemeanor in the estate looting case of his mother, New York socialite and philanthropist Brooke Astor.  As one of the felony charges carries mandatory jail time, Marshall lawyers are focusing on getting that charge dropped with efforts including the submission of 70 or so “character” letters [...]

Astor butler weighs in as Marshall fights prison prospect
Lou Ann Anderson
December 18, 2009
www.EstateofDenial.com
Anthony Marshall was convicted of 13 felonies and one misdemeanor in the estate looting case of his mother, New York socialite and philanthropist Brooke Astor.  As one of the felony charges carries mandatory jail time, Marshall lawyers are focusing on getting that charge [...]

Congress Throws Estate Plans Into Disarray
Lawyers see litigation and administrative nightmares resulting from political impasse.
Ashlea Ebeling
December 17, 2009
Forbes.com
http://www.forbes.com/2009/12/17/estate-tax-lapse-step-up-basis-personal-finance-planning-mess.html
Barring a last-minute political deal, the federal estate tax is set to disappear as of Jan. 1, 2010–for just one year.
Democratic leaders of Congress are vowing to resurrect the tax retroactively sometime next year, but the impending lapse [...]