Trusts and Estates
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PROVIDENCE, R.I.-- A federal judge refused Monday to vacate the guilty plea of an estate-planning lawyer accused of using the identities of terminally ill patients to illegally obtain millions of dollars, calling his motion to withdraw his plea bizarre and without merit and ordering him into custody immediately.
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Reverse mortgages have a lot of allure for seniors who own their homes, but high fees and tricky provisions can make avoiding them the best course of all.
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Inheriting money would seem like one of life’s unabashed blessings, yet the inheritors I spoke to said they were ill equipped emotionally or financially to handle the windfall.
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Gina Rinehart, reputed to be the world's richest woman, is making headlines again for power struggles with her family and the Australian media.
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A new study of multi-millionaires finds that only half plan to leave their inheritence to their kids.
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Financially speaking, 2010 was a pretty good year to enter the next life if you were wealthy. There was no estate tax, so heirs inherited their dad or mom’s fortune without paying the usual 35 percent or more in estate taxes. Next year, however, could be different.
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By making some important decisions while living, my father helped to lessen the overwhelming stress of coping with sudden loss.