Comments on: The House of Astor Scandal: Father Against Son http://lawvibe.com/the-house-of-astor-scandal-father-against-son/ International Law News | Law Student & Young Lawyer Lifestyle Wed, 03 Dec 2008 07:03:03 +0000 http://wordpress.org/ By: Malik (I am not part of the Astor Family) http://lawvibe.com/the-house-of-astor-scandal-father-against-son/#comment-12573 Malik (I am not part of the Astor Family) Fri, 14 Dec 2007 23:08:52 +0000 http://lawvibe.com/the-house-of-astor-scandal-father-against-son/#comment-12573 Perhaps there are others involved in the Astor family? Willy Astor? Fred Astor? Jack Astors? Mary Astor? Willi Astor? Astor Piazzolla or Astor Piazolla or Astor Piazzola (I don't know the exact spelling)? What was Carl Astor's involvement in this fraud? Does the Astor family own the Astor Entertainment Center? Is there a Tom Astor biography? Maybe some mp3 of the music involved from the family scandal here? Just a teary-filled saga of familial exploits exploited for all to learn from and never do again because how bad this can be for everyone who is involved in this mess of a relative against relative for the money only because of greed that flows in the river of cousins who are in the family tree of misbehavement who knew it would come to this just care for the grandma because it is in the best interest of everyone. Perhaps there are others involved in the Astor family? Willy Astor? Fred Astor? Jack Astors? Mary Astor? Willi Astor? Astor Piazzolla or Astor Piazolla or Astor Piazzola (I don’t know the exact spelling)? What was Carl Astor’s involvement in this fraud?

Does the Astor family own the Astor Entertainment Center? Is there a Tom Astor biography? Maybe some mp3 of the music involved from the family scandal here?

Just a teary-filled saga of familial exploits exploited for all to learn from and never do again because how bad this can be for everyone who is involved in this mess of a relative against relative for the money only because of greed that flows in the river of cousins who are in the family tree of misbehavement who knew it would come to this just care for the grandma because it is in the best interest of everyone.

]]> By: LA http://lawvibe.com/the-house-of-astor-scandal-father-against-son/#comment-12564 LA Fri, 14 Dec 2007 16:29:55 +0000 http://lawvibe.com/the-house-of-astor-scandal-father-against-son/#comment-12564 An industry exists in which lawyers, accountants and other unethical participants, sometimes with complicity from probate courts, can separate any of us from our property when certain (not that unusual) circumstances occur. These circumstances can be orchestrated and lead to an Involuntary Redistribution of Assets (IRA). This often occurs with wills, trusts, guardianships or other probate-related situations. To think that property and assets are your own and that you have control over their ultimate distribution is a mistake. The high profile nature of the Astor/Marshall families as well as the amount of money involved generate media interest in this case. Similar situations, however, occur on a regular basis. A close study of this issue leads one to recognize that going to court is not a path that necessarily provides reasonable resolution. This course too easily leads to lawyers or administrators becoming the functional beneficiaries while the intended beneficiaries are left with reduced or no assets as well as potentially significant legal expenses. With the transfer of wealth that is getting ready to occur in the next 20 or so years, the Involuntary Redistribution of Assets (IRA)will likely skyrocket. People think proper estate planning will protect them – wrong! People think they don’t have enough assets to be a target – wrong!! There is no inoculation from the threat of IRA. Forewarned, however, is forearmed. An industry exists in which lawyers, accountants and other unethical participants, sometimes with complicity from probate courts, can separate any of us from our property when certain (not that unusual) circumstances occur. These circumstances can be orchestrated and lead to an Involuntary Redistribution of Assets (IRA). This often occurs with wills, trusts, guardianships or other probate-related situations.

To think that property and assets are your own and that you have control over their ultimate distribution is a mistake. The high profile nature of the Astor/Marshall families as well as the amount of money involved generate media interest in this case. Similar situations, however, occur on a regular basis.

A close study of this issue leads one to recognize that going to court is not a path that necessarily provides reasonable resolution. This course too easily leads to lawyers or administrators becoming the functional beneficiaries while the intended beneficiaries are left with reduced or no assets as well as potentially significant legal expenses.

With the transfer of wealth that is getting ready to occur in the next 20 or so years, the Involuntary Redistribution of Assets (IRA)will likely skyrocket. People think proper estate planning will protect them – wrong! People think they don’t have enough assets to be a target – wrong!! There is no inoculation from the threat of IRA. Forewarned, however, is forearmed.

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