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December 2012 Archives

Surprised woman learns she is heir to multimillion dollar fortune

As we have discussed in this blog in the past, not everyone prepares a will. This is particularly surprising among elderly individuals who control a great number of assets, as one would assume that they would have particular plans for their wealth after they passed on.

Did Abraham Lincoln have a will?

This holiday film season has seen Steven Spielberg's "Lincoln" raking in some serious dough, but did our 16th president have a plan for his money after death? The answer is no; Abraham Lincoln died intestate, meaning without a will. These days, any major figure of state is certain to have a proper will, but in Lincoln's day, this was not so common. So what happened?

Woman's estate benefits a favorite cause

We often post about estate planning, but here's a case of a woman who donated her entire $500,000 estate. She had no children, and her husband and siblings had all passed away. As a pet owner and supporter of the Humane Society of the United States, she decided to pursue donating her estate to support her favorite cause. Her attorney and executor of her will helped her to write out the details of her benefits.

Pennsylvania teens may be 'beat' by Jackson estate

What was meant to be a light-hearted effort to encourage reading has become a probate case with a major celebrity estate. Teens at the Lansdowne Public Library made a YouTube video in which they changed the lyrics to the Michael Jackson hit "Beat It" into "Read It." Sony-ATV Records, which is the owner of Jackson's songs through his estate, is refusing to grant the do-gooders rights to post the version of the song.

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