Sting’s children will not be inheriting his $306 million, according to the rocker. In an interview with London’s Mail Online, Sting said he has told his children, “there won’t be much money left, because we’re spending it!” Reflecting on his rise from a working class family (mum was a hairdresser, father a milkman) to superstardom,… Read More »
Posts Categorized: Inheritance
Do You Have a Right To Your Inheritance?
In the absence of a vested right, an interest in the estate of another is merely an expectancy. This means that, until the person dies, the beneficiary does not have an absolute right to inherit anything. Conversely, once an interest in a will has vested, a beneficiary has an enforceable right against an estate. A… Read More »
Shielding Your Estate From Your Children’s Spouses
Periodically reviewing and updating your estate plan is as important as executing it in the first place. One event that should trigger a review of your estate plan is the marriage or divorce of one of your children. Some parents may wish to keep their children’s spouses from inheriting anything from their estate. First, it… Read More »