On a cold evening in January of 2009, 74-year-old corporate titan Adolf Merckle drove to a railway embankment near his home in Germany and stepped in front of a moving train. Once, Merckle had been a billionaire. In...
California is a significant force in philanthropy in the United States. In 2001, California's taxpayers contributed $16.5 billion to philanthropy, in a year that saw $122 billion given to charity nationwide...
The role and responsibility of the trustee seem obvious at first glance to manage the wealth left in trust for the good of the beneficiaries. Much has been written about trustee duties. Detailed and complicated state...