Some Madoff Victims Pursued by Trustee for Damages

Irving Picard, trustee for the victims of the Madoff fraud, has a new target – other Madoff clients.

Picard has filed lawsuits against hundreds of defendants saying they profited from Madoff’s giant Ponzi scheme, withdrawing more than they inve…

How the Tax-Cut Compromise Will Impact Inheritance

As Republicans and Democrats work toward a compromise on income tax cuts, another controversial tax — the estate tax on inherited property — hangs in the balance. A repeal of the 55% tax on estates worth at least $1 million i…

L’Oreal Family Ends $1.3 Billion Dispute

L’Oreal cosmetics heiress Liliane Bettencourt and her daughter, Francoise Bettencourt Meyers, say they have made up, ending a $1.3 billion legal dispute.
Continue reading L’Oreal Family Ends $1.3 Billion Disput…