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August 2015 Archives

How can you keep your heirs from squandering their money?

Do you have a child who you want to leave your inheritance too, but you worry that the money will be gone in a matter of months? Unfortunately, even the best children go through stages in their life where they just might make wrong decisions, especially in their younger years. While you may not plan on dying while your children are young, there is no guarantee that it won't happen.

Billionaire tortilla man's family wrapped up in probate dispute

The billionaire chairperson and founder of giant tortilla-making corporation passed away in August 2012, after a long struggle with pancreatic cancer, at 81 years of age. The man's company, Gruma Corp., owns the brand names Mission, Guerrero, Maseca and more and before his death, he controlled a fortune of approximately $4 billion.