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March 2013 Archives

Social group changing the image of the trust-fund baby

Resource Generation is a social group with a uniquely charitable attitude. The group is made up of individuals that are commonly known as "trust-fund babies." They are the beneficiaries of large trusts set up by wealthy family members. Their goal is to change the stereotypical image of the trust-fund baby that grows up without being required to earn a living -- a stereotype that is often exaggerated.

Conservators, probate judge approve sale of Mickey Rooney's home

Mickey Rooney began his career as a child star and overtime developed his talents as a movie star, television actor, talk show host, voice-over character, stage actor and even served as a radio personality. The actor celebrated his 92nd birthday recently, and while he still makes a number of appearances, his health has begun to fail.

Police officer's friendship under scrutiny, chiefs back his inheritance, II

In our prior post we shared the story of an eccentric elderly woman who decided to leave much of her estate to a police officer who she became friends with after he helped remove what she called "members of the nation's gang" from her property. That same property was left to the officer as well as a Cadillac, stocks and a bond.

Police officer's friendship under scrutiny, chiefs back his inheritance

When it comes to the distributions made in wills, trusts and through other tools during estate administration, there are often people who are left unsatisfied with the result. In some cases it is a child who though his or her gift was unfair in comparison. In others it is surprise as to what is or more often what is not included in the estate. In some, it is simply the circumstances in which the estate was designed prior to the death.

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