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He Left His $1.5 Million Home to His Girlfriend. Can His Children Take It Back?

estate litigation NJ NY

A woman spends 20 years sharing a home with her longtime boyfriend. When he dies, he leaves her the house, now worth $1.5 million. His children are upset. They believe the property should stay in the family because the couple never married. Their disappointment may be understandable, but it does not automatically give them a […]

Inheriting a Rental Property: Keep the Family Business, Hire a Manager, or Sell?

inheriting a rental property

A rental property often represents decades of a parent’s work: the first down payment, years of repairs, the occasional difficult tenant, and the pride of building something to pass on. When that property goes to the children, it arrives as more than an inheritance. It arrives as a business, along with decisions the family may […]

Blended Families and Inheritance: Estate Planning That Protects Your Children

blended families and inheritence

Two estate planning concerns often arise together: “How do I provide for my spouse while making sure my children inherit?” and “How do I treat my children equally when one cannot manage money responsibly?” Both questions call for more than deciding who receives a particular share. A thoughtful estate plan also determines how assets are […]

When Family, Business, and Estate Planning Collide

Family Business Estate Planning

The reported dispute involving Dolly Parton’s estate and her nephew, Bryan Seaver, offers an important estate planning lesson for families of every financial level. The allegations in that matter remain contested, and this article does not address their merits. The broader takeaway is that when a family member also holds a trusted role in a […]

Can a Trustee Use Trust Money to Defend Against Allegations of Theft?

trustee money in defense

Discovering that a relative may have taken money from your trust is troubling enough. Learning that the same person is using trust assets to pay the lawyers defending her can feel like a second financial injury. Is that legal? The answer depends on the trust document, applicable state law, the nature of the legal work, […]

Protecting a Parental Gift When Buying a Home With An Unmarried Partner

protecting a parental gift

A parental gift can make buying a first home possible. But when the buyer purchases with an unmarried partner, that generosity can create an unexpected financial dispute if the relationship ends. The safest approach is to document both transactions: the parents’ gift to their child and the couple’s agreement about ownership of the home. A […]