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October 2011 Archives

Inheritances possibly complicated by Steve Jobs' family tree

When technological genius and Apple founder Steve Jobs died on October 5 at the age of 56, speculation increased about his estate and who would be in line to receive inheritances. Unlike some other famous people, Jobs knew his battle against cancer would cut his life short; which in turn allowed him some time to consider inheritances he might make. However, his family circumstances were a bit more complicated than average, starting with the fact he never met his biological father. The 80-year-old Abdul Fattah Jandali lives in Nevada, where he is Vice-Chairman of the Boomtown Casino and Hotel in Reno.

Inheritances result in library makeover

When most people think about "inheritance," they think about people leaving money for children or grandchildren, but believe it or not -- there's more than meets the eye when it comes to beneficiaries. Inheritances can do a lot of good for a lot of people, and Nevada residents are no exception. One amazing story, while taking place outside Nevada, does illustrate how estate planning can benefit a great number of people -- no matter where they are.

Probate litigation can be complex

For many Nevada residents, probate litigation is a complicated and sometimes messy situation that is difficult to overcome. In a recent probate conflict, this issue has arisen for former Senator Mal Colston's son and the executor of the wills of the Senator and his wife. Mal Colston passed away in 2003 and left his wife, Dawn, as executor and trustee. However, Dawn passed away only 11 months after her husband and her death was before she completed the dispersal of her husband's will.

Inheritances can be deceptively complicated to disperse

There is a large disparity between courts in our great nation. No matter where a person lives, probate administration inheritances can be extremely complex issues -- and mandates governing probate law vary from state to state. Nevada residents may be able to relate to a recent case that took place in Iowa, wherein a young girl was found to be ineligible to receive her late father's inheritances.

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