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Archive for August, 2010

Chinese tycoon says competent children don’t an inheritance

If Your Children Are Competent, They Don’t Need an Inheritance Robert Frank July 26, 2010 The Wall Street Journal http://blogs.wsj.com/wealth/2010/07/26/if-your-children-are-competent-they-dont-need-an-inheritence/ The single largest concern and obsession of many rich is how to leave money to their children. How much is too much? How can they be prepared? What is the ideal age to receive a Keep Reading…

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Pallumbo children say father’s extravagance cause for removal as trustee

Palumbo children accuse father of extravagance as family feud resumes Mark Hollingsworth, Caroline Davies July 27, 2010 guardian.co.uk http://www.guardian.co.uk/culture/2010/jul/27/palumbo-family-feud-court-again Time has proven no great healer in a long-running feud that has split the Palumbo family in two, pitching father against offspring. A writ lodged at the high court in London signals a resumption after five Keep Reading…

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Melodie Scott licensing decision expected soon

Scott Licensing Decision Anticipated In August Janet Phelan July 30, 2010 The San Bernardino County Sentinel sentinel_07-30-10 The Department of Consumer Affairs has put off a final decision on conservator Melodie Scott´s licensing, the Sentinel has learned. Scott had appealed the decision, which was tendered this spring by the Department of Consumer Affairs (DCA), following Keep Reading…

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The Death Tax and its ‘deadly impact’

The Deadly Impact Of The Death Tax Daniel J. Mitchell July 14, 2010 Forbes.com http://blogs.forbes.com/beltway/2010/07/14/the-deadly-impact-of-the-death-tax/?partner=relatedstoriesbox Australia got rid of its death tax in 1979. A couple of Aussie academics investigated whether the elimination of the tax had any impact on death rates. They found the ultimate example of supply-side economics, as reported in the abstract Keep Reading…

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