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A growing share of Americans are factoring future inheritances into their retirement plans, but experts say that's a gamble that may not pay off.
| Keywords | financeeconomymoneyretirementinvestingbusinesscost-of-livinginflationsocial-securityfinancial-planningwealthinheritanceretirement-planningeconomics |
A 26-year-old former car salesman in Belgium now holds the title of Prince after King Philippe's brother quietly registered the young man as his biological son at a civil registry ceremony, a secret kept for more than two decades. Prince Laurent, the younger brother of Belgium's reigning monarch, legally accepted paternity of Clément Vandenkerckhove roughly […] The post Belgian car salesman named a prince after King's brother registers him as his son appeared first on American Almanac .
A 26-year-old former car salesman in Belgium now holds the title of Prince after King Philippe's brother quietly registered the young man as his biological son at a civil registry ceremony, a secret kept for more than two decades. Prince Laurent, the younger brother of Belgium's reigning monarch, legally accepted paternity of Clément Vandenkerckhove roughly six months ago, The Sun reported . The registration, carried out in a low-key civil ceremony, only became public this month. It grants Clément the formal title of Prince and equal inheritance rights to Laurent's private estate, the same standing as Laurent's three other children. Clément will not, however, receive a royal estate, official duties, or any claim to the Belgian throne.…Open
America's second-richest woman has spent more than $108 million acquiring properties on Southampton's Meadow Lane and is now renovating them into a family compound for her three children, all while rarely appearing in public. Julia Koch, the widow of industrialist David Koch and the controller of an estimated $81.2 billion fortune, purchased a 22,000-square-foot Tudor-style […] The post Julia Koch quietly assembles a Hamptons compound on Billionaire Lane appeared first on American Almanac .
America's second-richest woman has spent more than $108 million acquiring properties on Southampton's Meadow Lane and is now renovating them into a family compound for her three children, all while rarely appearing in public. Julia Koch, the widow of industrialist David Koch and the controller of an estimated $81.2 billion fortune, purchased a 22,000-square-foot Tudor-style home on Meadow Lane in 2022 for $75 million. The property sits on 500 feet of ocean-front beach and holds 15 bedrooms. A neighbor told Page Six at the time that the house "had fallen into a bit of a state of disrepair" and that Koch's team was "in the very early stages of exploring different options [for restoration], and that might be years away." Years later, the work…Open
His attorneys argued that $200,000 has already been spent by the fund’s trustees since he was charged with his parents’ murder.
The judge overseeing Nick Reiner's hearing that requested the use of his trust fund to cover his legal fees has been scheduled for a final decision on another date. Reiner is accused of killing his parents, actor-director Rob Reiner and producer Michele Singer Reiner. NewsNation's Courtney Friel has the latest. Get a fast-paced look at the latest from the border to Main Street to the White House on "NewsNation Live" with Nichole Berlie. Weekdays starting at 12p/11C. NewsNation is your source for fact-based, unbiased news for all Americans.
The former Duchess of York has barely been seen in public for months, and a veteran royal correspondent says she knows exactly where Sarah Ferguson has been hiding, at the Alpine retreat of a deceased Formula One mogul who may or may not have left her a penny. Richard Kay, the Daily Mail's senior editor-at-large, […] The post Sarah Ferguson reportedly spent the summer at a late ex-boyfriend's Swiss villa appeared first on American Almanac .
The former Duchess of York has barely been seen in public for months, and a veteran royal correspondent says she knows exactly where Sarah Ferguson has been hiding, at the Alpine retreat of a deceased Formula One mogul who may or may not have left her a penny. Richard Kay, the Daily Mail's senior editor-at-large, said on the outlet's Palace Confidential program that Ferguson has been spending time this summer at a villa in Verbier, Switzerland, owned by the late Paddy McNally. McNally, a Formula One hospitality mogul whose fortune has been estimated at roughly £600 million, died on July 22 at age 88 after a long illness. Ferguson and McNally go back more than four decades. She worked as a nanny to his two young sons in Verbier after his…Open
| Keywords | sarah-fergusonroyal-familyduchess-of-yorkswitzerlandverbierpaddy-mcnallyformula-oneinheritancebillionairecelebrity-newsroyalsswiss-villaalpine-retreatallsport-managementlifestyle |
Former girlfriend Karyna Shuliak and co-executers Darren Indyke and Richard Kahn were named as beneficiaries.
| Keywords | jeffrey-epsteinfortuneinheritancebeneficiarieskaryna-shuliakdarren-indykerichard-kahnwealthlegal-newsestatemoneyfinancial-news |
Prices are still nowhere near pre-Covid levels
Thanks to prolonging an inevitable end through expensive interventions, younger generations may see little of the money their parents and grandparents saved.
Disgraced financier Jeffrey Epstein reportedly has left a hefty sum of his estate to his former girlfriend, Karyna Shuliak.
| Keywords | jeffrey-epsteinkaryna-shuliakestateinheritancefortunefinancemisconductlegal-proceedingsnews-leakmoneywealthdisgraced-financiercourt-documents |