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10.12.2023
The “Big Man’s” Trust Dispute
The famed saxophonist of Bruce Springsteen’s E Street Band died in 2011 from a stroke. Clemons, oftentimes called the “Big Man”, established a trust to control his assets when he died. Specifically, the trust required that the rights to his name and likeness be managed by the trust until his youngest son, Jarod, reached age […]
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10.03.2023
Massachusetts Appellate Division Upholds Inclusion of GRAT in Equitable Distribution Calculation
Jones v. Jones, 103 Mass. App. Ct. 223 (2023) This case is another chapter in ongoing interplay of trusts and divorce proceedings between husband and wife. The wife’s mother made a variety of financial gifts and contributions throughout the years, including, but not limited to, settling a trust for the wife’s benefit (the “JJIT”). More […]
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09.29.2023
Former Zappos CEO Died Intestate (Celebrity Estate Plans: Part 10)
At only 46 years old, Zappos founder Tony Hsieh tragically died in a house fire in November 2020. He did not execute a Will before he died, which led to an ongoing battle between his family and business colleagues. Specifically, Hseih’s father, Richard, and brother, Andrew, alleged that friends and business associates took advantage of […]
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09.25.2023
Presley Estate Served With $3.8 Million by Creditor (Celebrity Estate Plans: Part 9)
On September 18, 2023, one month after settling a trust dispute, the Estate of Lisa Marie Presley was notified of an alleged outstanding $3.8 million loan against it. Naussany Investments & Private Lending, LLC filed a lawsuit alleging Ms. Presley, the sole child of rock n’ roll legend Elvis Presley, used her interest in Elvis […]
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