Legal wrangling over estate of Jimmy Buffett turns his widow’s huge inheritance into a cautionary tale

Lawyers often tell their clients that everyone should have a will that clearly states who should inherit their assets after they die. But even having a will is not necessarily enough to avoid a costly and contentious legal dispute. Consider what happened after Jimmy Buffett died of skin cancer at the age of 76 in […]

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Repealing the estate tax could create headaches for the rich – as well as worsen inequality

Nothing is more certain than death and taxes, Benjamin Franklin famously declared. And, since 1916, the federal government has imposed an estate tax on the transfer of property owned at death. But the Trump administration and Republican lawmakers may be on the verge of changing all that. GOP legislators are now considering a massive bill […]

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