Searched for
INHERITANCE DISPUTE
In 1979, John Lennon left his $800 million estate to second wife, Yoko Ono, and his younger son, Sean, leaving out oder son, Julian. He refused to ‘let it be’ and fought for 16 years and in 1996, obtained a share of the fortune. How much did he inherit?After the death of his superstar father John Lennon, his eldest son Julian was left with nothing. He had to fight a gruelling legal battle ...- ₹16 lakh jewellery, ₹3.88 lakh cash treated as unexplained income; here’s why the taxpayer wins at ITAT HyderabadIn a significant ruling, the Hyderabad ITAT absolves Mr Chintakunta of tax additions regarding unexplained cash and jewellery found during ...
- Life insurance bought under MWP Act: Why it matters and how it can ensure greater protection for your familyCutting through money jargon, one topic at a time. This week, Preeti Kulkarni explains how the MWP Act can ensure greater protection for yo...
- CJI Kant calls for introspection on need to improve responsiveness of judicial processChief Justice of India Surya Kant highlighted the importance of enhancing the responsiveness of the judicial process. He stated that many l...
- TVS family succession dispute raises governance questions for listed companies, says InGovernA succession dispute concerning the Venu Srinivasan family has emerged, affecting both TVS Holdings and TVS Motor Company. The disagreement...
- Once father’s property is proved as joint property, married Hindu daughters can claim a right in it and demand partition, rules Karnataka High CourtBrothers resisted married sisters claim over late father’s properties; Karnataka HC rules in married sisters’ favour as properties are join...
- Why did Leona Helmsley leave $12 million to her dog Trouble but exclude two grandchildren? Here's what happened after her deathHelmsley owned a white Maltese dog named Trouble. She included provisions for trouble in her last will, dated July 15, 2005. She directed t...
- Mahatama Gandhi's grandson trustee used AI to reclaim 30 acre land in US' Virginia after 20-month legal battleA Virginia resident who claimed a 30-acre property belonging to Mahatma Gandhi’s grandson Kanu Gandhi and his wife Shiva through adverse po...
- Grandson got 3.11 bigha of Delhi land and other properties via Will, family members objected to this; HC grants probate of Will to grandson, know whyFollowing Smt Shanti Devi's passing in 2001, her grandson Gahlot faced challenges from relatives contesting her will, asserting it was frau...
- TVS Motor’s Venu Srinivasan and daughter Lakshmi file caveats against each other over inheritanceVenu Srinivasan and his daughter Lakshmi Venu have initiated caveats against each other regarding family business matters. The filings occu...
- In 1992, an Ohio teenage waitress inherited $500,000 from a man she reserved at a restaurant. She had one rule for spending her unexpected fortune.Cara Wood, a waitress from Chagrin Falls, inherited $500,000 from a regular customer named Bill Cruxton. After his passing, she faced legal...
- In 2019, a woman bought a Missouri home at a tax sale; a beneficiary deed complicated who really owned it; what exactly happened?The case is Diana J. Thompson and other v. Heirs of Kathryn L. Metcalf and others. In 2016, a woman in Marshall, Missouri, signed a benefic...
- Property inheritance without a Will: When can a release deed be required in case of Intestate succession?In instances where an individual passes away without leaving a Will, it may be essential for legal heirs to execute a release deed to strea...
- A turbulent year at HDFC Bank: Controversies that kept India’s biggest private lender in the headlinesHDFC Bank has faced a turbulent year marked by governance concerns, its former chairman’s abrupt exit, scrutiny of Dubai operations, post-m...
- Father bought 5-bigha land in elder brother’s name, other brothers claimed it was joint family land; M.P. High Court rules in elder brother’s favour, here's whyFather bought 5-bigha land in elder brother’s name; other brothers objected, claiming joint family funds were used, but Madhya Pradesh HC u...
- Indiana woman contested father’s will to leave entire estate to his fiancée after death, lost the appeal, was ordered to pay $22,208 and now faces additional appellate penaltyAn Indiana woman who challenged her late father’s will after he left his entire estate to his fiancée instead of his three children has los...
- 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...
- In 1997, a US appeals court ruled in an estate-tax battle involving a 657-acre Texas farm valued at $650,000 and three other properties; here's what happenedCervin died in 1988. He and his wife, Manita Cervin, had purchased three whole life insurance policies on his life from Mutual Life Insuran...
- 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...
- In 1942, a woman inherited property worth $33,650, its value rose to $95,000, then a mother-son ownership arrangement triggered a US estate-tax disputeThe dispute reached the US Court of Appeals for the Fourth Circuit, which ruled on November 1, 1967, in favour of the Internal Revenue Serv...
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