12201 Merit Drive Suite 230 Dallas, TX 75251 | (214) 720-0102 Fax: (214) 754-0936

Welcome to the August Issue of the

Texas Elder Law E-Letter

Our next free “Estate Planning Essentials” workshops will be on Thursday, September 5, 2019 from 1:00 p.m. to 3:00 p.m. Seating is limited (our last workshops have had waiting lists). Call (214) 720-0102 to register or sign up online at www.dallaselderlawyer.com. We begin each workshop by asking “what questions do you have about estate planning or elder law?” Then we proceed to answer your questions over the course of the workshop.

Again, we are pleased to report that we have been awarded Top Ten Blog by the State Bar of Texas for Michael B. Cohen’s article in our July 2019 issue of the Texas Elder Law E-Letter entitled “Instagram Account Used to Invalidate French Rock Star’s Will” (to read, click here).

Michael B. Cohen will be speaking to the residents of Oxford Glen on August 22, 2019 regarding public benefits planning.

Please join our walk team (“Michael’s Marchers”) for the Walk to End Alzheimer’s by registering here which will be held on October 5, 2019 at Dallas City Hall, 1500 Marilla Street, Dallas, Texas 75207.

Please note that Michael B. Cohen’s radio show on estate planning and elder law can be heard on KAAM (770 AM) on Mondays and Tuesdays at 1:00 p.m. and Saturday at 2:30 p.m. Prior shows (topics are categorized) can be heard as podcasts on SoundCloud as indicated on our website www.dallaselderlawyer.com.

BINGO! ELIZABETH HURLEY’S SON DINGS GRANDFATHER BING FOR MILLIONS DESPITE BEING BORN OUT OF WEDLOCK

A California court has ruled that Elizabeth Hurley’s son, Damian, remain a beneficiary of the trust of his grandfather, Dr. Peter Bing, notwithstanding Dr. Bing’s attempt to change the terms of the trust that he established.

SUCCESS STORY OF THE MONTH – HOW TO PROTECT CHILDREN FROM THEMSELVES YOU DON’T HAVE TO BE WEALTHY TO USE TRUSTS

Many have the misconception that only the wealthy need or can use trusts for estate planning. Learn more about how that is not true in this success story of the month.

ITALIAN PRINCESS LIKELY TO WIN $500 MILLION ART COLLECTION FROM NYU BY PROVING HER MOTHER WAS BORN OUT OF WEDLOCK

An Italian court has ruled that the late Liana Beacci was the illegitimate daughter of the late British art collector Sir Arthur Acton and his late mistress Ersilla Beacci. This could result in Italian princess Dialta Alliate Lensi Orlandi, receiving a one-half ownership of $1 billion in art.

ANDERSON COOPER INHERITS $1.5 MILLION FROM HIS MOTHER, GLORIA VANDERBILT

Gloria Vanderbilt’s Will provided that her son, CNN news reporter Anderson Cooper (“Anderson Cooper 360”), will receive the residue of her estate other than her Manhattan co-op and contents therein which were bequested to another son, Charles Stokowski.

ADDITIONAL SUCCESS STORY OF THE MONTH – THE USE OF UTMAS IN MEDICAID PLANNING

Long-term care Medicaid helps pay for long-term care costs if certain eligibility requirements are met.

ELECTRONIC WILLS ACT APPROVED BY UNIFORM LAW COMMISSIONERS

On July 17, 2019, the Uniform Law Commission passed an act allowing probate courts to validate Wills electronically signed by a testator and witnesses.

LARGE GRANT GIVEN TO DETERMINE IF LIFESTYLE INTERVENTION REDUCES ALZHEIMER’S RISK

The U.S. National Institute of Aging (NIA) is giving the University of California, Berkley a five year grant expected to total $47 million to determine whether lifestyle changes will reduce the risk of developing Alzheimer’s disease.

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Michael B. Cohen & Associates 12201 Merit Dr. Suite 230 Dallas, Texas 75251 United States (214) 720-0102