Wealth and Honor is a website dedicated to helping families navigate the financial challenges of age transitions. The site now has a YouTube Channel to host "edutainment" videos featuring non-legal commentary on actual court cases involving will disputes, elder financial abuse, estate litigation, fiduciary liability, and other issues of aging, death, and wealth. Court transcripts … Continue reading The Case Files – Episode 1: “Fool me once, shame on you…”
A New Jersey appeals court ruled that a nursing home has no standing to lodge a conversion claim or infringement of fiduciary duty against the daughter of a resident who transferred the resident's cash to herself, resulting in a Medicaid penalty period. M.D. is the daughter of B.S. In 2010, She started helping her mom … Continue reading Nursing home has no standing in suit against resident’s daughter.
There are an estimated 25 million safe deposit boxes in America, and they operate in a legal gray zone within the highly regulated banking industry. There are no federal laws governing the boxes; no rules require banks to compensate customers if their property is stolen or destroyed. Read the full article here.
Recently the Uniform Law Commissioners approved five new acts, including the The Uniform Electronic Wills Act. According to the ULC: This Act permits testators to execute an electronic will and allows probate courts to give electronic wills legal effect. Most documents that were traditionally printed on paper can now be created, transferred, signed, and recorded … Continue reading Uniform Law Commission Approves the Uniform Electronic Wills Act