Category Archives: Probate

Don’t add a loved one to your deed

The contexts vary, but the question remains the same. People say they want to add a loved one’s name to their deed and want reassurance that it’s a good idea. Sometimes the question is asked by an elderly parent who wants to add an adult child or grandchild to the deed in an attempt to…

Law Office of Raymond A. Harris, PLLC takes course in advanced asset protection

http://jamespublishing.com/books/aps.htm

Cold case: 1852 probate claim finally being closed

The Civil War was still nine years away when Hamilton County’s oldest continuing court case was filed in 1852 on behalf of a blind Cincinnati banker looking to commemorate his wife and his beliefs. Now, 160 years later, the Probate Court case involving the estate of Ethan Stone is likely coming to a close. And…

Art’s Sale Value? Zero. The Tax Bill? $29 Million.

What happens when a potentially invaluable piece of inherited art cannot be sold by the heirs without breaking the law?  The IRS still deems it worth millions and, of course, imposes a tax. Read more here.

Michael Jackson’s Family Members Express Problems With the Will and Executors

“Janet Jackson and four of her siblings sent a letter to the executors of Michael Jackson’s estate that accused them of fraud and claimed they abuse Jackson’s mother.  Janet, Jermaine, Tito, Randy, and Rebbie Jackson signed the letter.  Since Jackson’s death, the relations between the Jackson family and the executors has been strained.  The estate…

Attended the 2-day 52nd Annual Probate and Estate Planning Seminar

Day 1 (Friday, June 15, 2012) 1.  Probate and Trust Law Update 2.  Cutting through the Klooster Clutter:  Joint Property and Uncapping 3.  Estate Planning and Investments 4.  Landscape in Lansing and Recent Legislation and Probate and Estate Planners 5.  Michigan Trust Code Update 6.  Fixing Broken Trusts:  Reformation, Construction, Amendments, and Decanting 7.  Medicaid…

Finders keepers? Not necessarily

Who got to keep $500,000 found in the walls of the deceased’s home after it was sold to new owners?  The contractors, the new owners, or the deceased’s estate?   http://issues.flemingandcurti.com/2012/06/02/finders-keepers-losers-weepers/

Arcane legal theory used in Michigan inheritance issue

The Rule Against Perpetuities is every law student’s nightmare. Dating back hundreds of years, the Rule is meant to prevent an estate proceeding from dragging on endlessly, requiring a property interest conveyed in a will to vest, if at all, within 21 years of the death of individuals already in existence at the time of…

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