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HEIRS CHALLENGE PROPERTY SALE
In 1999, a Texas family lost its mineral rights in a tax foreclosure; 20 years later, heirs challenged the sale, what did the state Supreme Court say?- In 2003, Microsoft co-founder Bill Gates paid $1.31 million for a home beside his Washington estate; 21 years later, he sold it for $4.85 million, nearly 4 times as much
- In 2012, Maroon 5 singer Adam Levine paid $4.83 million for a Beverly Hills home; 6 years later, he sold it to John Mayer for $13.4 million, nearly 3 times as much
- In 2020, Bethenny Frankel paid $2.1 million for a Connecticut home, renovated it, and sold it in 2021 for $3.3 million, a $1.2 million gross increaseBethenny Frankel acquired a charming yet outdated Colonial residence in Connecticut and initiated substantial renovations to give it a cont...20 Oct, 2026, 03.20 PM IST
- Sister’s husband claimed he got his father-in-law's land via oral gift and sold it but her brothers objected; Madras HC rules in brothers' favour for this reasonSister’s husband’s family sold her father’s 36 cents land claiming he had got the land via oral gift; Madras HC rules this oral gift invali...20 Oct, 2026, 09.53 AM IST
- In 2021, a Pennsylvania woman's property was auctioned over a $7,771 tax bill; she claimed she was told the notice concerned a trailer, but court rejected her appealThe tax bureau had sent her a certified letter about the unpaid taxes in April 2020. In that same year, it sent her another notice by certi...19 Oct, 2026, 09.22 PM IST
- LeBron James sells his Brentwood mansion for $19.6 million. Why NBA star decide to sell at a loss?LeBron James sold his Brentwood mansion for $19.6 million, which was less than the $21 million purchase price. The mansion included six bed...19 Oct, 2026, 03.26 PM IST
- Taylor Swift’s former Beverly Hills bungalow 'Pillsbury Estate' up for grabs for $8 millionTaylor Swift's former Beverly Hills home has returned to the market. The singer's former bungalow is known as the Pillsbury Estate. It has ...19 Oct, 2026, 04.41 AM IST
- In 2018, a $6,123 tax debt put a New Orleans property in play; a $6,883 tax-sale bid led to a legal battle over ownershipJames M. Thorrick, on September 20, 2004, bought the property at 739-741 Montegut Street. According to the court records, he failed to pay ...18 Oct, 2026, 08.07 PM IST
- Cash landing on you: Litigation funders bet on inheritance battles over croresLitigation funding has emerged as a viable option for individuals involved in inheritance disputes in India. Firms are assessing the potent...18 Oct, 2026, 12.10 PM IST
- In 1969, J. David Bamberger bought 3,000 acres of damaged Texas ranchland; 50 years later, 11 springs flowed and 221 bird species thrived thereBamberger wanted to do something different with his massive wealth. He made his fortune as a co-founder of Church's Fried Chicken reportedl...16 Oct, 2026, 02.40 AM IST
- ₹1.70 crore undisclosed cash alleged in property sale, Income Tax Dept relies on WhatsApp chats and Excel sheets; here's why taxpayer wins at ITAT DelhiThe Delhi Income Tax Appellate Tribunal quashed the assessment against Mr. Sehgal regarding alleged undisclosed cash. The Income Tax Depart...15 Oct, 2026, 10.49 AM IST
- In 2024, a US court ruled on an ownership dispute involving two properties sold for $10,200 after a tax-deed transfer; here's what happenedIn a decision in Thomas DeCola v. Matt H. and Anne L. Sheafer, the appeals court rejected Thomas DeCola's arguments. It stated that the tax...14 Oct, 2026, 10.55 PM IST
- Jennifer Lawrence bought Manhattan penthouse for $15.6 million in 2016. Four year later, the actor sold Upper East Side property for just $9.9 millionJennifer Lawrence bought a Manhattan penthouse for $15.6 million and sold it for $9.9 million in 2020. The residence has 4,072 square feet ...14 Oct, 2026, 08.59 PM IST
- Puravankara Q2 sales bookings surge 62% to Rs 2,136 crore on housing demandIn the September quarter, Puravankara Ltd reported a remarkable surge in sales bookings, hitting Rs 2,136 crore, a jump from Rs 1,322 crore...13 Oct, 2026, 07.53 PM IST
- After teen suicide lawsuits, Character.ai enters bankruptcy—Why is Disney bidding $20 million for its technology?Character.ai said selling the company under court supervision would offer the best chance to protect value for its stakeholders. CEO Colin ...13 Oct, 2026, 06.50 PM IST
- In 2007, heirs sold a conservation easement on inherited farmland for $910,000, in 2013, they got a shock from US Tax CourtIn Van Alen v. Commissioner, decided on October 21, 2013, the court ruled in favour of the Internal Revenue Service (IRS). The dispute invo...12 Oct, 2026, 11.39 PM IST
- Daughter-in-law claimed right to ‘shared household’; senior citizen sought eviction: Here’s what Delhi HC ruledThe Delhi High Court recently upheld an eviction ruling that affects a daughter-in-law, amidst a nuanced legal struggle that weighs the int...08 Oct, 2026, 02.59 PM IST
- Sisters demanded 1/3 share in parents’ lands, citing Hindu Succession Law, but brother won the case in Madras HC; know whyBrother cuts sisters from parents lands & wins case: Sisters wanted to apply Hindu law of succession and get 1/3rd share in parents’ lands,...08 Oct, 2026, 07.26 AM IST
- Inherited property tax explained: Know how the US 1031 exchange works and what are the rules for co-inheritors?In simple terms, in the United States, a provision known as a 1031 exchange may offer a way for an heir to exchange qualifying investment r...07 Oct, 2026, 11.39 PM IST
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