May 08, 2011 in Television, Trusts and Estates in the news | Permalink | Comments (0) | TrackBack (0)
April 20, 2011 in Estates of Rich and Famous, Television | Permalink | Comments (0) | TrackBack (0)
On Sunday night flipping channels to see a few minutes of tv I happened to see part of the show Desperate Housewives. The interesting thing to me and this blog is that one character who was the mom of a woman who had just killed themself told her husband that he had effectively bought her a home since he had bought several pieces of real estate and one he had put into her daughters sole name. He said that she did not have a will and he was her spouse so he would receive her property anyway which would be correct. She then said that she had found an old will from prior to they were married and that all the property in the will went to her as a result.
That would not be accurate in Florida or most if not all jurisdictions in the US since even if the will had the required 2 witnesses and even if it were self proved with a notary as it should be the will would not validly pass the property given the concept of a pre termitted spouse. That means that they were married after a will was executed and it was not in contemplation of marriage or having mentioned him. Since they got married after the will was executed the spouse gets their intestate share and since they had no children together that would be everything. While they live on a fictional lane in Florida the law for pre termitted spouses can be found by clicking here. It may not have advanced the plot they wanted to show although having the discussion and making the point that the will was prior to the marriage and there was no pre nuptial agreement just showed they were operating in a fictional tv environment as far as wills and inheritance law are concerned. People should be aware though that if there is no pre nuptial agreement and there are no children but there is a will prior to their marriage unless the slayer statute applies or the marriage is properly challenged the spouse will receive all the property passing through the probate estate of the decedent.
April 20, 2011 in Estate Planning, Inheritance, Television | Permalink | Comments (0) | TrackBack (0)
In early March of this year 90 year old former actor Mikey Rooney testified before a special senate committee about elder abuse from a family member believed to be 52 year old step son Chris Abert that he says he had experienced. He felt trapped, scared, used, and frustrated.
The senate committee is considering legislation to curb abuses of senior citizens.
"Above all," Rooney said of being a victim of elder abuse, "when a man feels helpless, it's terrible."
Every year, an about 2.1 million older Americans are victims of physical, psychological, sexual, financial, or other forms of abuse and neglect, according to the American Psychological Association. And for every case reported to authorities, experts estimate there may be as many as five cases that were not reported.
Elder abuse cuts across all socioeconomic groups, cultures, and races, according to the National Center on Elder Abuse. And it can occur anywhere - in nursing homes and other institutions as well as private homes. Older people who are demented are especially vulnerable, as are those who have a substance abuse problem - or are cared for by someone who does.
Rooney accused Aber in LA Superior Court filings of withholding food and medicine and meddling in his personal finances. On February 15 he was awarded a restraining order by the judge in which Aber could not come within 100 yards of Rooney. He was concerned that Aber may even try to kidnap him unless he signed over all his property so he also had the court appoint a conservator also referred to as a guardian in some states. His attorney was appointed for this purpose.
Fortunately on April 6 they were able to settle the matter and Rooney agreed to drop the restarining order with Aber agreeing to voluntarily leave him alone.
Click here for a 3 minute video of Mickey Rooney speaking about Elder Abuse.
Sources February 15 TMZ.com April 6 2011 TMZ.com and CBS News
April 06, 2011 in Dementia, Elder Law, End of Life Planning, Estates of Rich and Famous, Television | Permalink | Comments (0) | TrackBack (0)
Probate Attorney Blog recently reported how GE despite making tens of billions the past couple years has paid no taxes and even received money back by using tax loopholes, keeping earnings over seas and using losses from when they were bailed out by the government during the financial collapse.
This probate blog is intended to entertain as well as inform so here is a link to an amusing / interesting segment about the subject from commedian Jon Stewart. Click here.
March 30, 2011 in Current News, Income Tax , Television | Permalink | Comments (0) | TrackBack (0)
Following up on the prior blog post from the Probate Attorney Blog about prizes not being free and Oprah giving away cars here is a 2004 Daily Show with a comical take on the burden that people had when given a $28k Potiac G6 and had around a $7,000 tax liability needing to either disclaim the car, give to charity, sell the car and pay the tax or keep the car and pay the tax.
Click here to see Daily Show video Wheels of Misfortune.
March 22, 2011 in Television | Permalink | Comments (0) | TrackBack (0)
Monica Burgos Beresford Redman the wife of a guy who had been a producer for the show Survivor and other shows her will has now been filed with California probate court as TMZ reports. Link for a copy of her will. It leaves all her property to her husband and names him as the personal representative. It also mentions one child as it was prepared in 2004 although they had 2 children at the time of her passing.
This raises the issue of a pre termitted child. Most states have a statute which states what would happen if a child is born after the will is prepared. Since I am not a California Probate Attorney and this blog focuses on Florida Probate Law and Florida Will Law I will mention that in Florida it is Florida statute 732.302 which would control. Basically the child gets an intestate share regardless of what the will says unless it appears that it was intentional they were not provided for or there were one or more children at the time of the will and substantially all of the property was left to the parent of the pre termitted child. Although she had left all her property to the father of such child it will be interesting to see as they may receive everything. If he were to be convicted of killing his wife he would not be entitled to receive anything and would be treated as pre deceased so it would all pass to the children with her someone else looking out for the children's property while they are minors.
Currently he is a "person of interest" and has not been charged or arrested with anything. However she was found in a sewer nearby where they were staying on their vacation having appeared to have been strangled. Emails that a close friend of his wife sold to an online website Radar Online and which had been given to authorities by her mom purport to show that he was having a long term affair and that he was only happy with his mistress so he would leave the family for her. Another website reported that she had taken out a lot of money from joint bank accounts shortly before the trip. While entitled to presumption of innocence authorities had prevented him from leaving the country for a while and have been closely investigating his involvement the kids had been staying with her sister but then were temporarily given to his parents.
As the LA Times mentions he seen violently and loudly arguing with his wife shortly prior to her death then had scratch marks on his arms when seen just after she was found strangled during which she likely would have scratched the attacker.
An interesting distinction in California Probate Law code section 250 it says A person who feloniously and intentionally kills the decedent is not entitled to any property interest or benefit under a will of the decedent. The code also prohibits any killer to serve as executor or personal representative as they are known for Florida probate purposes or as a trustee. For this case the California statute will apply. Unless he were convicted of a felony he will receive his share of the probate estate and any survivorship rights pursuant to California law.
For Florida Probate cases however section 732.802 of the Florida Probate Code would control.
Unlike in California a felony is not required. It merely requires a finding that by a greater weight of the evidence the person unlawfully and intentionally killed or participated in procuring the death of decedent. If so they are treated as pre deceased and not entitled to anything under of the will or trust or anything that would pass by right of survivorship or similar manner.
May 08, 2010 in Current News, Slayer Statute, Television, Trusts and Estates in the news | Permalink
As CNN reported Monica Beresford Redman the wife of Bruce Beresford Redman who had been a producer of the show Survivor from CBS then co created Pimp My Ride a popular MTV show was found dead. Apparently there were allegations that he had an affair then his wife emptied out the joint bank accounts upon hearing that and took the children moving away but he was able to have her agree to meet for a family vacation in Cancun. He reported her as missing but a couple days later she showed up where he was staying in a sewer dead apparently from strangulation because of bruising and he had a number of scratch Marks soon after the staff at the hotel heard them arguing loudly.
Although jointly held property with husband and wife would pass to the survivor and property in the sole name of the deceased spouse in absence of a will in Florida the spouse would receive one half of the estate if there were children from a different parent then the deceased or one half plus $60,000 if there were not. A person cannot benefit from causing the death of another though regardless of how the property is held including beneficiary designations such as insurance policies. The Florida Slayer Statute is section 732.802 which can be read by clicking here.
The Florida Slayer Statute says that a surviving person who unlawfully and intentionally kills or participates in procuring the death of the decedent is not entitled to any benefit under will or probate code and estate passes if the person predeceased the decedent. Jointly held property becomes tenancy in common and the life insurance would be treated like the estate property as if the person who participated in or procured the death had died in advance of the decedent. This is not a Florida situation the murder happened in Mexico and they had lived in California although California also has a slayer statute as do nearly all states and countries.
A video discussing the situation can be found here. Sadly they had a 2 year old child and a 4 year old child. If the charges stick they will essentially lose both of their parents making the guardianship choices potentially expressed in a will especially important or they will go to another family member who can properly take care of them.
April 08, 2010 in Slayer Statute, Television | Permalink
March 29, 2010 in Film, Odd News, Television | Permalink