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TML – The Bengals Edition

I guest wrote Paul Daugherty’s The Morning Line Blog on Friday. I focused on the Bengals and a possible solution for their ills. I also gave a brief trip report for our South Africa trip.

 

 

 

 

 

Photo Credit:  Cincinnati Enquirer

License:  From article I wrote 🙂

Back In Town

Janice and I were in South Africa and Zambia for 10 days on one of our best trips ever. We visited Cape Town and the surrounding area, spent three nights on a safari, and visited Victoria Falls and its Devil’s Pool. Pic is from hike up Table Mountain in Cape Town. We cannot recommend the trip enough.

Been Busy Part Two

Had lunch in Greenville yesterday with Steve Gruber, my high school cross country and track coach. His coaching and advice were an important part of my high school years and later running experience. It was great to catch up with him and see how he has not aged.

Post to follow.

Been Busy Part 1

Apologies for not posting much recently. The celebrity estate planning news world has been incredibly quiet except for the court hearing about Britney Spears’ conservatorship and continued fighting about who will administer Aretha Franklin’s estate. Also, I have been out of town nearly every weekend. Here is a pic from last weekend’s bike trip to Asheville with my cycling/skiing buddies. Estate planning post to follow.

Pedophile Will

So my blog prognostication abilities continue to be abysmal. In addition to the coroner determining that Jeffrey Epstein hung himself, he actually prepared a will two days before he died.

Epstein’s will left everything to a trust he created the same day as his will. Of course, the trust beneficiaries and its terms are private. His will designates two long time employees as co-executors of his estate and provided that they would each receive $250K for serving in that capacity. Meanwhile, an attorney for one of the women suing Epstein claims that he was an evil genius for filing the estate in the U.S. Virgin Islands.

Several quick points:

1. Epstein’s estate is being probated in the US Virgin Islands because that is where he was considered a resident. Estates are probated in the decedent’s state of domicile.

2. The NY Post’s expert who said the will was filed in the Virgin Islands due to privacy reasons and the attorney suing Epstein on behalf of his alleged victims who thinks the US Virgin Islands filings are pure evil are fools and need to brush up on probate law.

3. It is interesting that the executors have agreed to fill that role for $250K. The commissions for executors are set by statute. Typically, they would receive a percentage of the estate which would be at least 1% or $5.7 million in this matter.

4. The reporting by the NY Post and the NYT has been error filled on this matter. I expect shoddy reporting from them on matters involving President Trump and from the Cincinnati Enquirer, but not from the NYT on a story like this.

Photo Credit:  NY Post  Composite

License:  Fair Use/Education (from linked article)

 

Contact Me

All Posts By Jay Brinker

I am an attorney located in Cincinnati, Ohio who practices in the areas of estate planning, probate, asset protection, and small business advice. I make a difficult and bewildering process as simple as possible. Most importantly, I provide "more for less" for my clients.