We’re in our 60s with $1.5 million. Would a trust be more effective than a will to prevent conflict among our heirs?
“I realize that probate can be lengthy, public and expensive.”
“I realize that probate can be lengthy, public and expensive.”
Mayor Zohran Mamdani’s tax on second homes in New York City received a Staten Island welcome on Monday, when lawyers representing the administration squared off with homeowners’ attorneys in court over the messy rollout of the surcharge. Judge Wayne Ozzi signaled openness to arguments that underpinned his prior temporary restraining order that briefly halted the…
Is Elon Musk about to give us his best impression of Warren Buffett? The Tesla and SpaceX CEO has teased that he may pledge some of his fortune to good causes, to show he truly believes that technology will create such abundance that money will become irrelevant. Musk raised the prospect after Nobel economist Daron…
12:01 AM, 24th July 2026, 1 day ago Property investors have good reason to watch leasehold reform closely. Much of the public debate is framed around homeowners, but leasehold is also an investment market. It affects buy-to-let landlords, freehold investors, mixed-use owners, developers, managing agents and lenders. The challenge is to distinguish between what reform…
Key insight: Executives at two big banks discussed some of the safety concerns about AI, which rose to a fever pitch last week as tech industry insiders warned of its dangers. What’s at stake: Over the past few years, banks vigorously embraced the technology. Now executives are being asked about its risks as well as…
News release The public are being asked to give their views on a selection of wildlife, native to the UK, that will appear on the next series of banknotes in a consultation launched today. Working with a panel of wildlife experts from across the UK, the Bank of England has produced a shortlist of animals…
Leopold Aschenbrenner, the Wall Street wunderkind whose hedge fund imploded in late July, placed huge bets on two AI stocks in the lead-up to the disaster. Aschenbrenner’s firm, Situational Awareness, owned a $5.7 billion stake in SanDisk and a $5.6 billion stake in Micron at the end of June, its quarterly portfolio update revealed on…