Estate of Denial news clips (10/24/16)

CT mom wins fight to protect disabled son

WFSB

October 11, 2016

NEW HAVEN, CT (WFSB) – A Connecticut mother claimed a small victory against the state in her battle to protect her disabled son on Tuesday.

Lindsay Mathews, of New Haven, appeared in court on Tuesday morning to continue the fight to keep him in the group home, he’s called home for roughly twenty years.

 

UBS: Billionaires To Pass Down $2.1 Trillion To Heirs By 2040 In History’s Largest Wealth Transfer

Forbes

October 13, 2016

Approximately 460 billionaires are set to transfer $2.1 trillion — roughly the equivalent of India’s GDP or about the amount wiped out from panicked world markets after the U.K.’s Brexit vote — to heirs within the next 20 years. That’s according to UBS/PwC Billionaires Report, released Thursday. The report calls the impending exchange “the greatest transfer of wealth in history” and points to the fact that it will be the first time this much wealth is handed down to second generations around the world at once. Asia, in particular, will be setting out on unchartered territory. According to the report, it will be the first large transfer of billionaire wealth for most young Asian economies, where it estimates 85% of billionaires are self-made.

 

Woman in Derzon fight sprung from jail (WI)

Milwaukee Journal Sentinel

October 13, 2016

Lori Laatsch is a free woman again.

Laatsch, whose unsuccessful  bid to get control of the lucrative Derzon Coins business sparked eight years of litigation, was jailed Oct. 6 for contempt of court when she failed to produce financial records and assets despite a court order demanding that she do so.

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