Who will get custody of Padres in divorce? Jun 23, 2008
In high-asset divorces such as the Mooreses', this can be particularly complicated when a large portion of the net estate is one asset, said attorney Judi S. Foley, a family law specialist and Padres season-ticket holder. Depending on how the couple allocated management of this large asset, dividing (it) can wreak havoc in the future of the asset. (San Diego Union-Tribune -- Sports)
William's income to soar from his mother's will Nov 24, 2007
Diana, Princess of Wales left a net estate of 12,966,022 after inheritance tax of 8,502,330 was deducted. Her estate comprised stocks and shares, jewellery, cash from her 17 million divorce settlement, dresses and other personal belongings at her Kensington Palace apartment. (Yahoo News -- British Royal Family)
Americans for Tax Reform Will Rate Death Tax Vote Oct 11, 2007
5 billion in net estate tax revenue. In 2005, the latest year available, the IRS collected $21. (PR Newswire)
News in brief May 27, 2007
Freddie Marsden, drummer with the Sixties band Gerry and the Pacemakers, left a net estate worth 928,973 when he died last December, aged 66. Marsden became a telephone operator and then a driving instructor after the group split. (Guardian Unlimited -- UK)
Till death do us part?| Aug 8, 2006
As an example, a husband with a net estate worth R2-million marries a women with R500000. When the husband dies, however, his estate has only grown to R2. (iAfrica.com)
Row over Hester's assets Jul 21, 2006
Describing herself as Hester's fiancee, Ms Vincent has sought $100,000, possessions belonging to him, and a third of his net estate, alongside shares to be given to his daughters aged six and 11. Her affidavit says that Hester, 46, was estimated by the estate's administrator to have left behind net assets of $872,699 when he committed suicide in March last year. (Sydney Morning Herald -- Entertainment)
Ask a lawyer May 7, 2006
Unless there are facts not revealed in your letter that would disqualify you from doing so, if you survive your husband and are married to him at the time of his death, you will have the right, as his surviving spouse, to the greater of $50,000 or one-third of his net estate when he dies ... If that were his plan, you would still have the right to elect to take one-third of his net estate, outright. (Times Herald-Record, NY)
Income Tax Tidbits Apr 11, 2006
5 percent of the net estate after expenses to Washington, notes a new study by McIntyre. Yet, a new Tax Foundation public opinion poll finds 68 percent of adults favor elimination of the estate tax. (CBS News)
