Here is another interesting article that goes into more details on the investigation into Ms. Clark’s attorney and accountant: http://www.msnbc.msn.com/id/39006900/ns/business-huguette_clark_mystery/ And, here is the “family” petition filed sometime ago to get control of Ms. Clark (and her fortune, of course): Clark_guardian_petition_2 Legal papers like this are very interesting to read and reveal a lot about...
If you haven’t noticed the Huguette Clark story, you have to see this: http://www.msnbc.msn.com/id/43166747/ns/business-huguette_clark_mystery/ or check out the really interesting photo narrative: http://www.msnbc.msn.com/id/38810137/ns/business-huguette_clark_mystery/ The rest of this post assumes you (the reader) have read about Huegette Clark – a really interesting story on its own. Where is the planned giving murky-side I promised in the...
Apparently I missed an unbelievable revolution in the charitable lead trust arena, by about 10 years! (and so did most of the rest of the planning community) At yesterday’s PPGGNY’s planned giving day, I heard Paul S. Lee, JD, LLM, National Managing Director of Bernstein Global Wealth Management, talk about the so-called Shark-Fin Lead Trusts. There is no way...
I will be a moderator on a panel discussing NYPMIFA at the upcoming New York Philanthropic Planning Symposium on May 26th (formerly Planned Giving Day – click this link for details: http://www.ppggny.org/education.php?ed=ev&ev=33&dt=2011-05-26 or click here for the schedule: http://www.ppggny.org/agenda11.html). On that panel will be attorney Jennifer I. Reynoso from Simpson Thacher & Bartlett LLP. This is a great chance to...
I saw this question (the title of this post) pop up on the WordPress feature that shows me what search terms or phrases people are using to reach this site and thought it was worth while sharing a general answer since I have dealt with this issue so many times. Typical lawyer: it depends. Here...