Rose was completely annoyed with her brother, Paul. Their mother had died four years earlier and Paul, the executor, still had not settled her estate. Instead, he focused obsessively on his art while the family’s holdings crumbled into ruin. Finally, after considerable nagging from his sister, Paul sold the estate and divided the funds. With […]
Florida has enacted a law of great significance. This new law will allow a married couple to own appreciated assets in a special trust, called a Florida Community Property Trust, or CPT. After the death of the first spouse, all unrealized capital gains in the trust’s portfolio are eliminated. Many couples are considering using this […]
A fearsome wide receiver in the NFL, Keyshawn Johnson learned a bitter lesson last year: he was no match for the taxman. His legal battle dogged him for much of his adult life and serves now as a cautionary tale for others. In 1996, Johnson signed a $15 million contract with the New York Jets. […]
Dressed in camo and bristling with weapons and ammunition, 20 soldiers were holed up with a handful of civilians in an abandoned building, bracing for an attack sometime around midnight. In the distance, we could hear the crack of gunfire and see the bright orange flares of exploding grenades. Moment by moment, the enemy was […]
An anxious silence hung over the courtroom. The plaintiff’s lawyer stood up, squared his shoulders, buttoned his jacket and sauntered towards me. I was testifying as an expert witness for the defense, and I braced myself for a bare-knuckle brawl. Like a seasoned boxer, he started with soft jabs, then unleashed a volley of hard-hitting […]