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Heirs to $1 billion Must Wait for Inheritance Until Age 21

February 14, 2013 Posted In Estate Planning,Firm News,Probate, Estate, & Trust Administration,Trust Administration

Doris Duke was a wealthy philanthropist who died leaving a fortune worth around $1 billion. Her heirs are teenage twins, a 15-year-old boy and girl, each of which stands to inherit $500 million. The money was left in a trust, however, and the trustees are evidently so hesitant to administer funds from the account that…

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Estate of Fatally Poisoned Lottery Winner Tied Up in Probate

January 15, 2013 Posted In Creditors and Probate,Estate Planning,Firm News,Probate, Estate, & Trust Administration

It reads like the script of a crime drama or even a soap opera: A man wins a fortune in the lottery, only to be poisoned shortly thereafter. Soon the victim’s family members begin pointing fingers, accusing each other of ulterior motives while the coroner tries to have the victim’s body exhumed. If he can…

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Death of Homeless Heir to $19M Fortune Adds to Family Drama

January 2, 2013 Posted In Claims,Firm News,Probate, Estate, & Trust Administration,Trust & Will Contests,Trust Disputes

Those familiar with the life of railroad heiress Huguette Clark might be interested to know that the drama surrounding her multimillion-dollar fortune has just taken another turn. A 60-year-old homeless man who was in line to receive a hefty portion of her estate,  an estimated $19 million was found dead recently of hypothermia, adding another…

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