This article reprint was recently published in Steve Leimberg’s Estate Planning Newsletter. Sharon Klein shares her insights on a case that has garnered intense media attention involving the disinheritance of Elizabeth Hurley’s son: “Disinheritance around a massive fortune, bitter court battles, out-of-wedlock children, iconic models, suicide…a soap opera plot? Hardly. The issue? Well, that is the issue: Are the settlor’s out of wedlock grandchildren beneficiaries of a trust created decades earlier? In reversing the trial court decision, a California Court of Appeal in Ellis v. Hurley confirms that the out of wedlock grandchildren are not considered trust beneficiaries.”

Please see important disclosures at the end of the article.

REPRODUCED COURTESY OF LISI (LEIMBERG INFORMATION SERVICES, INC) at http://www.LeimbergServices.Com 

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