This month’s blog post will address a recent decision by the Appellate Division, First Department, entered in In re Perelman, that helps reiterate and define the parameters of discovery proceedings. The case is interesting not only for its facts and the issues they presented, but for its litigants: Ronald Perelman, of Revlon and corporate raider
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Appellate Division Upholds Equitable Extension of Slayer Rule
By Jaclene L. D'Agostino on
Posted in Uncategorized
New York’s “slayer rule” essentially provides that if an individual kills another person, he has automatically forfeited any interest he may have had in his victim’s estate. The rationale is simple – no one should financially benefit from his own crime. Applicability of the rule is generally straightforward, but in certain cases, the lines can become blurred — such as in Matter of Edwards, where the killer sought to inherit from his victim only indirectly, through the estate of the victim’s post-deceased daughter. Jaclene D’Agostino discusses the decision in our latest entry.
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Charitable Pledges: Not Found Money, You Have to Earn Them
By Spencer L. Reames on
Posted in Fiduciaries, Uncategorized
A donor writes in a pledge amount, signs the pledge card, hands it over to the charity, and is absolutely committed to that amount; end of story, right? Not necessarily. A recent case emanating from Kings County Surrogate’s Court, Matter of Issac Kramer, shows that certain charitable pledges may not be as binding as they appear on paper. Spencer Reames discusses the decision in our latest entry.
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