McKie Roth died in 1988 with a will that established a trust for his wife, Yvonne. Upon her death, the trustee was to distribute twenty-five percent of the trust assets to her son from a prior marriage and twenty-five percent…
Tag: Inheritances
Kids Prevail Over Christian School, Church, Ole Miss, and Boykin Spaniels
Barry Blackburn was fighting late-stage cancer when he asked his aide for a will to preserve his “family legacy”: hundreds of acres of farmland and lakefront properties in Alabama, Mississippi, and Tennessee that had been in the Blackburn family since…
Estate Planning Corner: Subtrusts, Tax Planning and More
When is a Win not a Win? Leland Babbitt’s estate was divided into two subtrusts upon his death–one for his wife Mary Lynne and the other for his daughter from a prior marriage, Carol. Mary Lynne was entitled to the…