Article Archives >> Lead Stories >> June 16-July 15, 2010
Preview of Article:
Court Refuses to Reform Will
To Create CRAT and Save Taxes
Attorney, not told the extent of the donor’s estate,
followed instructions to draft simple, inexpensive instrument
A man who lived in subsidized senior housing and failed to tell his lawyer the extent of his estate told his lawyer only that he wanted to keep his legal fees as low as possible. Following instructions, the lawyer produced a simple 2-page will, leaving the income from his securities and bank accounts to two friends, with the residue thereafter to the American Cancer Society and the American Heart Association.
Article Archives >> Lead Stories >> June 16-July 15, 2010
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