“Daniel Long, age 75, is a widower with considerable wealth. his only family is his granddaughter, Marcia and her four children.
“Daniel Long, age 75, is a widower with considerable wealth. his only family is his granddaughter, Marcia and her four children. Marcia’s parents, Daniel’s son and daughther in law, were killed in an automobile accident. using securities worth $3 million, Daniel would like to create a trust, life estate to Marcia, remainder to her children. he is hesitant to do so because of the tax […]
