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In Estate Planning, Take a Lesson From MJ

He knew what he was doing—and we should follow his example

(Newser) - Michael Jackson wasn't known for his financial prudence, but he got one thing right: his estate planning, writes Jane Bennett Clark for Kiplinger. Here’s how to follow his good example:
  • Write a will: Two-thirds of Americans don’t. Jackson’s is concrete: His kids get 40% of his
...

Korean Chef Offers Glimpse of 'Lil' Kim'

Jong-Il's heir unlikely to have dad's clout

(Newser) - Little is known about the young man expected to succeed Kim Jong-Il as leader of North Korea, and what analysts do know has been gleaned from a book by the ruler’s former chef, the New York Times reports. Kim Jong-Un is the youngest of three sons and most like...

N. Korean Successor Likes Michael Jordan

(Newser) - News that Kim Jong Il has settled on his youngest son as eventual successor begs the question, what's the new guy like? Details are predictably scarce, but from his days at a Swiss boarding school, where he befriended the kids of US diplomats, we know that 26-year-old Kim Jong Un...

Battle Over Hong Kong Billionaire's Will Turns Bizarre

(Newser) - The legal battle over the fortune of late billionaire Nina “Little Sweetie” Wang has gotten a little… odd, the Wall Street Journal reports. Tony Chan, a bartender-turned-feng shui master, says he carried on a passionate 15-year-affair with the pigtailed tycoon, and that she left him everything—including her pigtails....

Son 'Manhandled Astor to Change Will': Prosecutor

Anthony Marshall exploited mom's dementia to funnel fortune to him, says prosecutor.

(Newser) - Brooke Astor's son "dragged" his frail mom from her nurse's arms to a closed-door meeting about her will, which was immediately changed in his favor, according to the prosecutor at the heir's  fraud and grand larceny trial yesterday in New York. Anthony Marshall exploited his vulnerable mother's dementia to...

New Site Helps Control Your Digital Legacy

(Newser) - How much is your digital self worth to you? At least one new website is betting it’s enough that you might want to pass on that value after you die, Mashable reports. Legacy Locker, which launches today, allows you to designate caretakers to take control of your YouTube videos,...

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