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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: inheritance

inheritance stories: 27 news summaries

1 - 20 of 27 Stories | 1 2 Next >>

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The Strange Story of Jack Kerouac's Estate

A mama's boy, a will that's a forgery, and '100 Greek relatives'

Oct 29, 09 1:30 PM CDT
(Newser) - When Jack Kerouac died, wallowing in alcohol and obscurity, the bank estimated his estate’s value at $1. He left everything to his mother, and when she died, she left it to Kerouac’s third wife, Stella Sampas—or so everyone believed. Recently a Florida court ruled Gabrielle Kerouac's will... More »

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will • Jack Kerouac • inheritance • forgery • beat

 Prince Harry's B-Day Gift: $10M 

Princess Diana's estate can't be spent quite yet, but interest will boost his salary

Sep 15, 09 8:13 AM CDT
(Newser) - Prince Harry’s 25th birthday today made him a millionaire, CNN reports. Princess Diana left a $35 million estate, which means about $21.6 million for Harry and William to share after inheritance taxes. Though the princes can’t spend it until they turn 30, Harry is now entitled to... More »

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Prince William • Princess Diana • Prince Harry • inheritance • Britain • British royals

 DJ AM Left $1M, No Will 

Late DJ's mother asks to be named as sole heir

Sep 3, 09 5:32 AM CDT
(Newser) - DJ AM died without leaving a will or any instructions on what should be done with his fortune, E! Online reports. The late DJ's mother has asked a court to name her as his sole heir, since he had no spouse or children. The 36-year-old DJ died with assets... More »

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entertainment • will • inheritance • DJ AM • Adam Goldstein • celebrity death

Cronkite Will Leaves
Gal Pal High and Dry

Money goes to kids, CBS staff; daughter: 'it was about my mother'

Aug 23, 09 8:59 AM CDT
(Newser) - Walter Cronkite left nada in his will for his opera star girlfriend, reports the New York Post. The 2005 document, written before he and singer Joanna Simon became attached at the hip, divides Cronkite's estate among his three kids and his CBS staff. The newsman’s daughter says Cronkite never... More »

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CBS • will • inheritance • Walter Cronkite • girlfriend

Daughter-in-Law Scolded Astor for Breaking Hip

Charlene Marshall berated 101-year-old
in hospital: witness

Jul 16, 09 2:43 PM CDT
(Newser) - Brooke Astor’s daughter-in-law berated the 101-year-old socialite for breaking her hip in 2003, the New York Post reports. “We had to cancel our trip to London all because of you!” Charlene Marshall groused to the hospitalized Astor, according to testimony from housekeeper Angela Moore. Anthony Marshall is... More »

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will • court • inheritance • Brooke Astor • Anthony Marshall • in-laws • wealthy • Charlene Marshall



 Astor Trial 
 Delayed 
 as Son 
 Visits Doc 

Trial may restart tomorrow: judge

Jun 10, 09 1:47 PM CDT
(Newser) - The Brooke Astor trial is on hold because the late philanthropist’s accused son is visiting his neurologist. Anthony Marshall—who is 85, wears a pacemaker, and has survived a heart attack and open-heart surgery—has been looking increasingly frail as the fraud trial unfolds, the New York Post notes.... More »

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philanthropy • money • inheritance • Brooke Astor • Anthony Marshall • criminal trial

(Newser) - The grand dame of L'Oréal will submit to psychiatric tests after her daughter complained in court about the $1.5 billion in gifts she has lavished on a 61-year-old male friend, the Guardian reports. Liliane Bettencourt, 86, agreed to testing to prove she's mentally competent. An angry Bettencourt told... More »

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inheritance • billionaire • L'Oreal • cosmetics • Liliane Bettencourt • Francois-Marie Banier

Longtime Friend Testifies to Astor's Senility

Author Auchincloss told her son's lawyer she didn't recognize him

May 1, 09 12:24 PM CDT
(Newser) - A longtime friend of philanthropist Brooke Astor testified yesterday that her faculties were so deteriorated the last time he saw her that she did not recognize him, the New York Daily News reports. Author Louis Auchincloss said the encounter took place 2 years before Astor allegedly changed her will, awarding... More »

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fraud • trial • will • charity • inheritance • Brooke Astor • Anthony Marshall • Francis Morrissey • Louis Auchincloss

Dazed Astor Didn't Recognize Jesse Jackson: Witness 

Her son also convinced her she was going broke

Apr 29, 09 4:42 PM CDT
(Newser) - A decade before her death, Brooke Astor was so out of it that she couldn’t recognize Jesse Jackson, a prosecution witness testified today in the fraud trial against Astor’s son, the New York Daily News reports. Anthony Marshall’s defense rides on his mother’s mental state, with... More »

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fraud • Jesse Jackson • crime • New York • Manhattan • theft • will • charity • inheritance • Brooke Astor • Anthony Marshall

Son 'Manhandled Astor to Change Will': Prosecutor

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

Apr 28, 09 5:13 AM CDT
(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... More »

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fraud • crime • New York • Manhattan • theft • will • charity • inheritance • Brooke Astor • Anthony Marshall • grand larceny • society • heir • socialite

OPINION

Dads May Hatch Schemes to Leave Golden Nest Eggs

But best a man can leave is his good name

Feb 8, 09 1:29 PM CST
(Newser) - From King Lear to Tom Daschle, a father’s desire to provide for his children could leave them with a rather dubious inheritance—“a legacy of embarrassment,” Stephen Amidon writes in the New York Times. "Inheritances can be tricky things. Even those given with the best of... More »

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fatherhood • inheritance • father • Tom Daschle • legacy

Your money

Time Is
Ripe to Pass
Cash to Heirs 

Struggling market
can help you avoid
paying estate tax

Oct 18, 08 12:05 PM CDT
(Newser) - Sinking stocks offer a window of opportunity when it comes to passing your money on to heirs without incurring huge taxes, Anne Tergesen writes in the Wall Street Journal. Transferring struggling assets to the next generation can mean a big payoff for the heirs when conditions improve—without the estate... More »

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stock market • taxes • trust fund • investments • charity • inheritance • interest rate • estate tax • financial crisis

Dying Loner Leaves Behind $260K in Cash

Surprise inheritance goes to long-lost granddaughter

Oct 17, 08 12:12 PM CDT
(Newser) - A peripatetic Chicago-area retiree who spent the past few years living out of a van left a surprise when he died in a motel room last March: $263,000 in small bills in a vinyl suitcase. Police searched for months for an heir to 82-year-old John Grant’s life savings,... More »

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nomad • inheritance • cash

'Jewish Clause' in Will Launches Lawsuits

Can a man disinherit his offspring for marrying outside faith?

Aug 25, 08 1:31 PM CDT
(Newser) - A Chicago courtroom is the site of a nasty tangle over a Jewish patriarch’s wishes for his family, the Chicago Tribune reports. A wealthy dentist, upset to discover that a grandson was taking a gentile to the junior prom, left a provision in his will disowning any of... More »

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Chicago • Judaism • lawsuit • inheritance • Jewish • gentile • intermarriage

 Pals Pony Up
 for Ledger's
 Daughter 

Actors who completed Ledger's final role hand over pay

Aug 19, 08 10:40 AM CDT
(Newser) - Johnny Depp, Jude Law, and Colin Farrell, who banded together to complete Heath Ledger’s final film role, in the The Imaginarium of Dr Parnassus, gave their paychecks to his daughter, Matilda, the Sun reports. “They didn’t take money—it goes to Heath’s daughter,” director Terry... More »

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Johnny Depp • celebrity • inheritance • Heath Ledger • Jude Law • Colin Farrell • Matilda Rose Ledger • The Imaginarium of Doctor Parnassus

MLK Children: Lawsuit Defends Dad's Legacy

Accusations fly as estranged siblings
take dispute public

Jul 21, 08 12:52 PM CDT
(Newser) - Martin Luther King's children are blaming each other for the uncharacteristically public standoff that led two of them to sue the third over management of their father's estate, the Atlanta Journal-Constitution reports. The deaths of the family peacekeepers, mother Coretta and sister Yolanda, helped expose the rift. "Strong parents... More »

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Atlanta • lawsuit • inheritance • Martin Luther King Jr. • estate • Martin Luther King III

 Connery Won't Give Son a Dime 

Star wants son to earn his living

Jul 21, 08 10:45 AM CDT
(Newser) - Add Sean Connery to the list of wealthy patriarchs who want their children to make their own money. The 77-year-old actor is worth $170 million, but his 45-year-old son, Jason, will “never receive a penny” of it, Connery’s ex-wife and Jason's mother Diane Cilento told the London Times. More »

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children • money • celebrity • inheritance • Sean Connery • celebrity parents • Jason Connery • Diane Cilento

 MLK Children Fight Over Estate 

Family dispute over civil rights hero's estate goes public

Jul 12, 08 7:36 AM CDT
(Newser) - Two of Martin Luther King Jr.'s three surviving children are taking their brother to court, the Atlanta Journal-Constitution reports. Bernice and Martin King III say Dexter, president of the corporation that oversees the civil rights hero's intellectual property rights, has mishandled company funds and wrongfully taken money from their... More »

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Atlanta • lawsuit • inheritance • Martin Luther King Jr. • estate • Martin Luther King III

Queen of Mean's Billions Go
to the Dogs

With $8B, Helmsley trust will dwarf all animal charities 

Jul 2, 08 5:09 AM CDT
(Newser) - Leona Helmsley made headlines last year for leaving $12 million to her dog while stiffing two of her grandchildren. But the pooch's payday looks like small change compared to the bonanza in store for America's dogs, the New York Times reports. A charitable trust being built with the late hotel... More »

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will • inheritance • Leona Helmsley • dog • animal shelters

 Ledger's Ex Irate
 Over Will Snub 

Girlfriend claims daughter hasn't received any cut

Jun 24, 08 10:56 AM CDT
(Newser) - Heath Ledger’s ex-girlfriend Michelle Williams is livid at the exclusion of her and her daughter from the execution of Ledger’s will, the NY Post reports. Ledger’s will, which leaves everything to his parents and sisters, predates the birth of their daughter Matilda—who is now the legal... More »

MORE ABOUT:
will • inheritance • The Dark Knight • Heath Ledger • Michelle Williams • Matilda Rose Ledger • Kim Ledger

1 - 20 of 27 Stories | 1 2 Next >>


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