Barry Bonds, the San Francisco Giants slugger, has never liked losing. When he married his Swedish wife, Sun, he had her sign away all claims to his earnings and assets. The prenuptial contract was in English, a language she didn't understand well...
The investment industry demands, by regulation, that an advisor a client before making any recommendations. But most firms make satisfying that requirement too easy. All a client need do is fill out an account-opening form and, maybe, answer a...
There are many reasons why husbands and wives might want to create trusts that allow their spouses to withdraw income or principal. The most obvious is that allowing access to a trust confers extra financial security on the spouse. But there's...
Consider this scenario: A client, decides to change his will by adding a new beneficiary; he asks his lawyer to draft a new document. The lawyer promises to do so, but delays. Then, before the lawyer draws up new papers, Robert dies. For the...