Monthly Archives: October 2012

Heirs of Superman Creators Battle Warner Bros and DC Comics

What would it be like if you had to fight Superman?  You may be thinking, “Superman is the hero, so why would he fight me?”  Work with us for a minute.  After all, when the concept of “Superman” was first developed, he was a villain and not a hero.

Superman: The Man of Steel (Photo credit: Wikipedia)

Imagine for a moment going mano-a-mano against the Man of Steel.  Just regular, mortal you against a brightly-garbed warrior who has super-strength, can fly, is faster than a speeding bullet, and has only one weakness.  It doesn’t sound like much fun.  It would seem rather hopeless … unless you had some Kryptonite in your back pocket.

The heirs of the two co-creators of the legendary comic book hero must feel just as hopeless at times in their fight over what they feel is “truth, justice and the American way.”  They have been battling the powerful media conglomerates, Warner Bros. and DC Comics, for many years in a series of (seemingly) never-ending lawsuits.  The Read more...

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Whitney Houston’s Will: Whitney Houston’s Family Doesn’t Trust Bobbi Kristina’s Ability To Handle Money

Whitney Houston’s mother, Cissy Houston, and sister-in-law, Marion Houston, filed a request in court to change the terms of Whitney Houston’s will.  They want to delay when Bobbi Kristina receives her inheritance in order to protect her.

Whitney Houston performing with her daughter Bobbi Kristina Brown on Good Morning America (Central Park, New York City) on September 1, 2009. (Photo credit: Wikipedia)

The will created a “testamentary trust” for Bobbi Kristina.  What is a testamentary trust?  It’s when a will calls for money to be held in trust for one or more beneficiaries, usually so they can receive money spaced out over time instead of all at once.  It’s far from perfect, as we discuss in this article, because a testamentary trust does not avoid probate, which can be expensive, messy and very public.

But that is not the biggest drawback to Whitney Houston’s will.  Her biggest mistake was failing to update her will, even after her divorce from Bobby Brown, to better protect Bobbi Kristina.  The Read more...

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