Alexandra Braun (University of Edinburgh School of Law) recently published a paper, Private Purpose Trusts: Good for Scotland?, 2023. Provided below is an abstract to the paper: On 22 November 2022 the Scottish Government introduced the Trusts and Succession (Scotland)…
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Article: Making Some Sense of the Constitutional Family
Katharine K. Baker (Chicago-Kent College of Law) recently published an article, Making Some Sense of the Constitutional Family, Wash U J L & Pub Pol’y, (Forthcoming). Provided below is an abstract to the article: This essay explores the Supreme Court’s…
Tina Turner, husband Erwin Bach bought $76M home in Switzerland less than 2 years before her death
The late Tina Turner, and her husband, Erwin Bach, purchased a sprawling waterfront estate in Zürich, Switzerland, less than two years before the singer’s passing. Both Turner and Bach obtained Swiss citizenship, as nonresidents cannot own land in Switzerland. Turner…
Paperwork Screw-Ups by Employers Deny Families Life-Insurance Payouts
Last month, the U.S. Labor Department reached a settlement with Prudential Financial over the wrongful denial of nearly 200 claims for benefits totaling as much as $7 million. As part of the settlement, Prudential agreed to voluntarily pay claims denied…
‘Oh my God’: This secretary in Illinois built a $7M fortune starting with $180. Here’s the one powerful technique that made Grace Groner rich — and can change your life too
Grace Groner lived and worked in Illinois for her entire 43-year career. She was a secretary at Abbott Laboratories and lived a modest life in a small one-bedroom cottage. However, when she passed away in 2010, the 100-year-old left behind…
You Take a Friend on Your Yacht. Is It a Taxable Gift?
Supreme Court Justice Clarence Thomas has recently found himself in hot water over benefits received from his longtime friend, Dallas billionaire, and political donor Harlan Crow. The controversy has given rise to important questions about judicial ethics and disclosures, and…
Taxing Wealthy Dynasties Seen Backfiring In States Like New York
The American Economic Journal: Economic Policy published a study in May that suggests estate taxes don’t pay off in every state. Enrico Moretti, an economics professor at the University of California, Berkeley, conducted research with Daniel Wilson of the Federal…
Mutation Protected Man From Alzheimer’s Disease, Hinting at Treatment
Tests showed that a man had a gene mutation that guaranteed Alzheimer’s disease to impact him in his early 40s. Scans show atrophying and other hallmarks of the disease, such as plaques and tangles of tau proteins. However, he did…
Priscilla Presley and Riley Keough Reach Settlement in Fight Over Lisa Marie’s Trust: ‘Everyone Is Happy’
Lawyers for Priscilla Presley and Riley Keough announced earlier this week that the family has reached a settlement in the battle over Lisa Marie Presley’s trust. This update comes after Priscilla Presely filed documents in Los Angeles Superior Court in…
The uphill battle for LGBTQ people after death
The Louisiana LGBTQ+ End of Life Guide was published in 2022 and is considered the first in the United States. Ezra Salter, a funeral director in suburban New Orleans, felt compelled to compile resources after witnessing horror stories in the…