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The HBO program, Succession, echoed in a Nevada courtroom recently. The cable program imagined the machinations of a powerful media family, both craven and conservative. In real life, the succession of Rupert Murdoch, owner of News Corp. and Fox Corporation, was set when Murdoch transferred controlling ownership to an irrevocable trust. Since Murdoch’s retirement and […]

The current lifetime gift and estate tax exemption increases to $13.99 million per person ($27.98 million for married couples). However, this exemption will expire at the end of 2025. If no new law is passed, the exemption will drop to approximately $7 million per person ($14 million for married couples), leading to higher estate tax […]

Who you select to manage your affairs after you die is of paramount importance. Selecting the right “fiduciaries” is among the lessons we can learn from the estate of Little Richard. The estate of Richard Wayne Penniman, the legendary singer, songwriter and recording artist known as Little Richard, who passed away in 2020, owned intellectual […]

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