A client created a living trust leaving all of his assets to his son. After the client’s death the son’s wife sued for divorce. The wife knew about the husband’s inheritance and went after half, claiming it to be marital property. The claim was rejected by the court because Mr. Kriger included spouse proof provisions...
Client created a living trust leaving his assets in equal shares to his 3 children. When the client died one child was in a bankruptcy, the bankruptcy judge wanted to see the trust and the court decided that the creditors of the bankrupt child could not get at the child’s inheritance because, Mr. Kriger included...
A married couple named each other as beneficiary on life insurance, at the husband’s death, the wife inherited his policy, when the wife died, since the husband was deceased there was no living beneficiary on her policy so the insurance company told the children that probate was necessary to get the money—problem solved because Mr....
