Two oldest Bowlen daughters are challenging the validity of the Bowlen Trust A recent story online outlines the latest developments in the Bowlen family dispute. Patrick Dennis Bowlen was born on February 18, 1944 and died on June 13, 2019. He was the billionaire owner of the National Football League’s Denver Broncos. Mr. Bowlen purchased…Read More »dividing estate, estate administration, succession planning, testamentary capacity, undue influence
Estate administration errors may lead to estate disputes
Estate administration is one of the most areas of estate law requiring proper legal advice from an estate lawyer. Many estate disputes arise as a result of errors made with administration. Any questions must be addressed with the advice of an estate litigation lawyer in order to ensure that no errors are made. Trustees and executors may need extensive legal advice to ensure they understand what their duties and obligations are.
Estate administration and probate
One of the most common issues is probate. Probate is the verification by a Court (usually a Judge) that the will in place is valid. Probate also verifies that the executors or trustees appointed have the authority to administer the estate. If probate does not occur in a timely manner, administration may be delayed. For example, some institutions such as banks may refuse to release funds held in bank accounts to the executor or trustee for distribution until probate takes place.
The 1953 Trust created by Epstein and named the main beneficiary of Epstein’s Will could be challenged in Court Jeffrey Epstein died on August 10, 2019. His death was ruled a suicide. At the time of his death, he was facing various federal charges in the United States. According to a recent online story, he…Read More »dividing estate, estate administration, estate litigation, succession planning, testamentary capacity, will challenge
The estate of Amy Winehouse may be subject to a claim from her ex-husband According to a recent online story, Amy Winehouse’s ex-husband, Blake Fielder, has reportedly filed a $1.6 million claim against the late singer’s estate. Amy Winehouse was born on September 14, 1983 and died on July 23, 2011 at the age of…Read More »dividing estate, estate administration, estate law, estate litigation
Petty Estate is the subject of a bitter legal battle A recent story online outlines the current dispute involving the estate of the deceased musician Tom Petty. He died on October 2, 2017 at the age of 66. The Petty estate dispute places his widow, Dana Petty, against his two daughters from his first marriage….Read More »dividing estate, estate administration, estate litigation, succession planning
Aretha Franklin had three handwritten wills Aretha Franklin died on August 16, 2018 after battling pancreatic cancer for several years. At the time of her death she was believed to have died without a will. It seemed that Ms. Franklin left a multi-million dollar estate without even a basic estate plan. Soon after Ms. Franklin’s…Read More »dividing estate, estate administration, estate litigation, succession planning
Frequency of will challenges likely to increase with time A recent online article outlines some of the reasons why will challenges occur frequently in Britain. According to this story, a recent poll revealed that almost half of the population of the UK does not trust their family to manage their affairs for them. Additionally, almost…Read More »dividing estate, dividing family heirlooms, estate administration, estate law, estate litigation, succession planning, testamentary capacity, undue influence, will challenge
Aretha Franklin died without a will and an estate plan Aretha Franklin passed away from pancreatic cancer on August 16, 2018 at the age of 76. Immediately after her death it became apparent that she died without a will and an estate plan. This meant that the administration of her multi-million dollar estate would likely…Read More »dividing estate, dividing family heirlooms, estate administration, succession planning
Two prominent elderly women each left the majority of their estates to Wendy Cook A recent story has emerged from England about a woman who inherited millions of pounds from two elderly women who lived with her on the Isle of Wight in their final years. The story originally focused on the legal case commenced…Read More »caregivers, eldercare, estate administration, estate law, succession planning
Aretha Franklin died without an estate plan Aretha Franklin passed away on August 16, 2018. A recent story online about her death suggests that she died without a will or a trust. This happened despite her lawyer, Don Wilson, telling her many times over the years to prepare a trust. Mr. Wilson was her attorney…Read More »dividing estate, estate administration, estate law, estate litigation, succession planning, will challenge
Billionaire leaves majority of the furniture giant IKEA under the control of a company A recent story online found here reveals the estate plan of the billionaire founder of the furniture giant IKEA. Feodor Ingvar Kamprad (March 30, 1926 – January 27, 2018) founded IKEA in 1943 in Sweden. Mr. Ingvar founded his company at…Read More »dividing estate, estate administration, succession planning