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Showing 1 post tagged intestate estates.
Where There's a Will, There's a Way. Where There's No Will, There's Escheatment
Posted In Business Formation and Planning
Recently, an estate planning failure of epic proportions made national headlines. Roman Blum, a Holocaust survivor and successful real estate developer, died without a will and no legal heirs. This scenario happens from time to time, but there is a twist to this story: Mr. Blum left behind an estate worth $40 million dollars. At the time of his death, he was divorced with no children and no known relatives. More >
