A recent case caught my eye. First, the facts had an interesting twist. But, second, divorce is sometimes considered by couples who wish to protect assets from Medicaid or for other financial reasons. In Burnett v. Burnett, the court looked at a divorce case. But, this was no ordinary divorce case. The traditional couple was married in 1984. However, in 2003, the party to the marriage who was born a man underwent gender reassignment surgery and became “Bobbie.” At that time, Devon, who was born … [Read more...] about Divorce By Conservator
Conservator
Zsa Zsa Shows Importance of Naming Proper Fiduciaries
If there was ever a case that showed the need for clarity and naming the proper people as fiduciaries, the Zsa Zsa Gabor story is it. She is still alive, but unable to communicate her wishes or manage her own financial affairs. As you may have guessed by now, her estate planning documents are under fire, and her daughter and Gabor’s husband are fighting over visitation rights and medical care, not to mention how her millions should be managed. While estate planning is typically regarded as … [Read more...] about Zsa Zsa Shows Importance of Naming Proper Fiduciaries