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Choosing an executor of your estate is not something you should do as an afterthought. What people sometimes don t realize is the importance of having a good executor. Even if attorneys are hired by the executor to handle filings and taxes, the executor still has the ultimate legal responsibility to make sure things are done —on time and done right. In the Virginia Escher case, read more by Lex | Mar 24, 2015 The arrest in New Orleans of suspected murderer Robert Durst is making the headlines every day as he tries to defeat probable cause and other legal issues that keep him in jail -but there is another interesting question: What happens to his money? Durst was paid off by his family, so to speak, with a once-only payment of $65 million which has reportedly grown to around $100 million. read more by Lex | Mar 18, 2015 There s no doubt about it going through a divorce can be an emotionally trying time. Ironing out a divorce settlement, attending various court hearings, and dealing with competing attorneys can all weigh heavily on the parties involved. read more by Lex | Mar 10, 2015 Divorce attorneys have enormous influence with their wealthy clients when it comes to recommending other professionals such as other attorneys, therapists, and financial advisors. —Forbes The Forbes article is correct, if you think about it. Divorce is an emotional experience and for wealthier clients especially, read more by Lex | Mar 5, 2015 1. Stop procrastinating. People tend to think they have a lifetime to take care of their estate planning. When people ask me How long do I have to take care of this? I usually respond Tell me when you are going to die and I can answer that for you. The vast majority of people still do not have any type of an estate plan at all, let alone one that is adequate for their needs. read more We have reported over the years on lawyers who get into trouble or even disbarred over the stupid things they do. This is one of the dumbest of all time: A lawyer is suspended from practicing law for various reasons. While suspended, he takes a retainer to handle a succession and tells his clients the case will be finished within ten days. read more
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