The IRS announced that the Unified Credit for Estates and Annual Exclusion for Gifts will be higher in 2018. Unified Credit Against Estate Tax. For…
IRS Withdraws Proposed Code §2704 Regulations On Lapsing Rights And Restrictions
The IRS has withdrawn the controversial proposed regulations under Code §2704 that would have significantly affected the use of discounts in US estate planning. Code…
Estate Planning for Empty Nesters
Your youngest child is finally off to college. The spare bedroom is now a cozy den. The weekly grocery bill has been cut in half.…
Do You Have a Foreign Trust?
The answer in the litigation context may not be black and white because it requires a careful, analytical walk through the applicable sections of the…
Determining Whether There Has Been Undue Influence
The presumption of undue influence when the evidence demonstrates that a person in a confidential relationship with a grantor or testator of weakened intellect receives…
How John Steinbeck’s Estate Planning Missteps Led to Family Feud and $13 Million Jury Award
When celebrated author John Steinbeck died in the late 1960s, he left a considerable literary legacy that included the classic American novels The Grapes of…
Alan Thicke Estate Dispute Highlights Pre-litigation Threats
Actor Alan Thicke – best known for his role on the TV show Growing Pains – passed away at the end of 2016, leaving behind…
The UK Trust Register
On 26 June 2017, the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (the Regulations) came into force, introducing…
Mom Always Knew Best
“Amy, I really need to talk to you about something important.” My mom said this to me weeks after we found out that her cancer,…
Texas Supreme Court Will Hear Oral Argument On Whether Texas Recognizes A Claim For Tortious Interference With Inheritance Rights
On October 11, 2017, the Texas Supreme Court will hear oral arguments in Anderson v. Archer, No. 03-13-00790-CV, 2016 Tex. App. LEXIS 2165 (Tex. App.—Austin…
Court Addresses Breach Of Fiduciary Duty and Partition Issues In Trust Dispute
In Koda v. Rossi, a mother created a trust that provided that her son was to serve as trustee and that she, he, and a…
Estate Planning Pitfall – You chose your executor too hastily
Haste makes waste. Or, in the case of estate planning, it can lead to other problems and, possibly, financial loss. Notably, if you don’t take…
The Story Of The $4 Billion Surcharge Case Against JPMorgan
A Dallas jury last month issued a verdict of more than $5 billion against JPMorgan Chase for various breaches of fiduciary duties – by any…
Estate Tax Changes Past, Present and Future
I. INTRODUCTION – This outline is a selective and evolving review of the history of the modern federal estate tax. It originated during the attempts…
Your Foreclosure Hearing Just Got More Crowded
On August 30, 2017, an amendment to North Carolina’s foreclosure statutes took immediate effect. The amended statute, Section 45-10, concerns substitute trustees under a deed…
Anti-SLAPP Case Features Arm Wrestling Siblings and a Prep School
California’s anti-SLAPP statute has generated another published case for trust and estate lawyers to ponder. Last week, in Urick v. Urick (2017) ___ Cal.App.5th ___,…
ABLE accounts benefit disabled family members
For families with disabled loved ones who are potentially eligible for means-tested government benefits such as Medicaid or Supplemental Security Income, estate planning can be…
ABLE accounts benefit disabled family members
For families with disabled loved ones who are potentially eligible for means-tested government benefits such as Medicaid or Supplemental Security Income, estate planning can be…
Tips for Harmonious Joint Family Ownership of Vacation Properties
With proper planning, owning vacation property with other family members can be a pleasant and even bonding experience. The key is to determine, as early as possible, what the parties expect and desire from the property ownership and the most effective and efficient manner of ownership. Often times, family members will inherit or receive as […]
Tips for Harmonious Joint Family Ownership of Vacation Properties
With proper planning, owning vacation property with other family members can be a pleasant and even bonding experience. The key is to determine, as early…
Tips for Harmonious Joint Family Ownership of Vacation Properties
With proper planning, owning vacation property with other family members can be a pleasant and even bonding experience. The key is to determine, as early…
TIGTA Determines Improvements Are Needed In Estate And Gift Examination Processes
Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra: Privacy Policy (Updated: October 8, 2015): hide JD Supra provides users with access to its legal industry publishing services (the “Service”) through its website (the “Website”) as well as through other sources. Our policies with regard […]
TIGTA Determines Improvements Are Needed In Estate And Gift Examination Processes
TIGTA recently released a report discusses their audit of the IRS’s estate and gift tax examination procedures. TIGTA made eight recommendations of changes to the…
TIGTA Determines Improvements Are Needed In Estate And Gift Examination Processes
TIGTA recently released a report discusses their audit of the IRS’s estate and gift tax examination procedures. TIGTA made eight recommendations of changes to the…
Releases: End of the Road or Just a New Beginning?
The fiduciary who thinks a receipt and release is the answer to all future claims for an accounting and liability may have a surprise in store. Over the past several months, Surrogates have explored the issue of receipts and releases, and have provided insight into just how far they will go to “save the day.” The […]
Releases: End of the Road or Just a New Beginning?
The fiduciary who thinks a receipt and release is the answer to all future claims for an accounting and liability may have a surprise in…
Releases: End of the Road or Just a New Beginning?
The fiduciary who thinks a receipt and release is the answer to all future claims for an accounting and liability may have a surprise in…
How to Plan for the Unforeseen
The financial effects of unexpected events like death or illness can be blunted or controlled with some preparation, advisers say. Source: NYTimes How to Plan for the Unforeseen
How to Plan for the Unforeseen
The financial effects of unexpected events like death or illness can be blunted or controlled with some preparation, advisers say.
Planning ahead after a divorce
If you’ve recently divorced, your time likely has been consumed with meetings with attorneys and in negotiations, even if everything was amicable. Probably the last thing you want to do is review your estate plan. But you owe it to yourself and your children to make the necessary updates to reflect your current situation. Keep […]
Planning ahead after a divorce
For those in the middle of a divorce, the last thing on their mind is a review of their estate plan. However, a major life…
Planning ahead after a divorce
For those in the middle of a divorce, the last thing on their mind is a review of their estate plan. However, a major life…
Social Security benefits: When is the right time to begin receiving payments?
Are you nearing the time when you can begin receiving Social Security retirement benefits? You deserve it after paying into the system all these years. But the monthly amount you’re entitled to collect, as well as how long you receive benefits, depends on when you officially apply for benefits. This isn’t an easy decision, and […]
Social Security benefits: When is the right time to begin receiving payments?
For those nearing the age when they can begin receiving Social Security benefits, it’s important to understand how the timing of applying for benefits can…
Social Security benefits: When is the right time to begin receiving payments?
For those nearing the age when they can begin receiving Social Security benefits, it’s important to understand how the timing of applying for benefits can…
Withdrawal of Proposed Tax Regulations Affecting Availability of Valuation Discounts to Family Business Owners
Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra: Privacy Policy (Updated: October 8, 2015): hide JD Supra provides users with access to its legal industry publishing services (the “Service”) through its website (the “Website”) as well as through other sources. Our policies with regard […]
Withdrawal of Proposed Tax Regulations Affecting Availability of Valuation Discounts to Family Business Owners
In September and December of last year, we posted blog articles discussing the Treasury Department’s issuance of proposed regulations under Section 2704 of the Internal…
Withdrawal of Proposed Tax Regulations Affecting Availability of Valuation Discounts to Family Business Owners
In September and December of last year, we posted blog articles discussing the Treasury Department’s issuance of proposed regulations under Section 2704 of the Internal…
Tax Reform Update: A Call for Committee Action
On September 27, 2017, the Secretary of the Treasury, the Director of the National Economic Council, the Chair of the U.S. House Ways and Means…
Tax Reform Update: A Call for Committee Action
On September 27, 2017, the Secretary of the Treasury, the Director of the National Economic Council, the Chair of the U.S. House Ways and Means…
Proposed Section 2704 Regulations to be Withdrawn
Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra: Privacy Policy (Updated: October 8, 2015): hide JD Supra provides users with access to its legal industry publishing services (the “Service”) through its website (the “Website”) as well as through other sources. Our policies with regard […]
Proposed Section 2704 Regulations to be Withdrawn
Remember all that time and energy you put into figuring out what the proposed regulations under Section 2704 were all about? Well, you’re going to…
Proposed Section 2704 Regulations to be Withdrawn
Remember all that time and energy you put into figuring out what the proposed regulations under Section 2704 were all about? Well, you’re going to…
IRS and Treasury Department Announce Withdrawal of Proposed 2704 Regulations
Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra: Privacy Policy (Updated: October 8, 2015): hide JD Supra provides users with access to its legal industry publishing services (the “Service”) through its website (the “Website”) as well as through other sources. Our policies with regard […]
IRS and Treasury Department Announce Withdrawal of Proposed 2704 Regulations
On October 4, 2017, in its Second Report to the President Identifying and Reducing Tax Regulatory Burdens the U.S. Department of the Treasury announced that…
IRS and Treasury Department Announce Withdrawal of Proposed 2704 Regulations
On October 4, 2017, in its Second Report to the President Identifying and Reducing Tax Regulatory Burdens the U.S. Department of the Treasury announced that…
The Wrong Estate Executor Can Make Family Drama Worse, As Jerry Garcia’s Heirs Discovered
When Grateful Dead legend Jerry Garcia died of a heart attack in 1995 at age 53, he left his assets to his third wife, three daughters by two ex-wives, a fourth daughter by a former girlfriend, and a step-daughter, among other beneficiaries. Predictably, there was trouble ahead and trouble behind. Garcia didn’t help matters when […]
The Wrong Estate Executor Can Make Family Drama Worse, As Jerry Garcia’s Heirs Discovered
When Grateful Dead legend Jerry Garcia died of a heart attack in 1995 at age 53, he left his assets to his third wife, three…
The Wrong Estate Executor Can Make Family Drama Worse, As Jerry Garcia’s Heirs Discovered
When Grateful Dead legend Jerry Garcia died of a heart attack in 1995 at age 53, he left his assets to his third wife, three…
Treasury Plans to Pull Unpopular Discount Regulation
Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra: Privacy Policy (Updated: October 8, 2015): hide JD Supra provides users with access to its legal industry publishing services (the “Service”) through its website (the “Website”) as well as through other sources. Our policies with regard […]
Treasury Plans to Pull Unpopular Discount Regulation
As discussed earlier this summer, Treasury and the IRS identified as a burdensome regulation the Proposed Regulations under Section 2704 of the Internal Revenue Code,…
Treasury Plans to Pull Unpopular Discount Regulation
As discussed earlier this summer, Treasury and the IRS identified as a burdensome regulation the Proposed Regulations under Section 2704 of the Internal Revenue Code,…
New York Special Needs Act Becomes Law
Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra: Privacy Policy (Updated: October 8, 2015): hide JD Supra provides users with access to its legal industry publishing services (the “Service”) through its website (the “Website”) as well as through other sources. Our policies with regard […]
New York Special Needs Act Becomes Law
Governor Andrew Cuomo recently signed legislation which amends New York law to allow mentally-competent disabled individuals under age 65 to establish a first-party Special Needs…
New York Special Needs Act Becomes Law
Governor Andrew Cuomo recently signed legislation which amends New York law to allow mentally-competent disabled individuals under age 65 to establish a first-party Special Needs…
Insight on Estate Planning – October/November 2017
In This Issue: – Social Security benefits When is the right time to begin receiving payments? – Planning ahead after a divorce – ABLE accounts benefit disabled family members – Estate planning pitfall: You chose your executor too hastily – Excerpt from Social Security benefits: When is the right time to begin receiving payments? Are […]
Insight on Estate Planning – October/November 2017
In This Issue: – Social Security benefits When is the right time to begin receiving payments? – Planning ahead after a divorce – ABLE accounts…
Insight on Estate Planning – October/November 2017
In This Issue: – Social Security benefits When is the right time to begin receiving payments? – Planning ahead after a divorce – ABLE accounts…
What is an Estate Executor’s Role?
Often when a person is appointed to serve as the executor (if there was a will) or administrator (if there was not a will) of a family member or friend’s estate they have not had experience with the role or process. This post provides a basic primer on what to expect. An estate executor manages […]
What is an Estate Executor’s Role?
Often when a person is appointed to serve as the executor (if there was a will) or administrator (if there was not a will) of…
What is an Estate Executor’s Role?
Often when a person is appointed to serve as the executor (if there was a will) or administrator (if there was not a will) of…
Ferri v. Powell-Ferri: A trust decanting decision that is less than meets the eye (Part II)
Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra: Privacy Policy (Updated: October 8, 2015): hide JD Supra provides users with access to its legal industry publishing services (the “Service”) through its website (the “Website”) as well as through other sources. Our policies with regard […]
Ferri v. Powell-Ferri: A trust decanting decision that is less than meets the eye (Part II)
The Supreme Court of Connecticut (SCC) certified three trust-decanting questions of law to the Supreme Judicial Court of Massachusetts (SJC) incident to a divorce proceeding.…
Ferri v. Powell-Ferri: A trust decanting decision that is less than meets the eye (Part II)
The Supreme Court of Connecticut (SCC) certified three trust-decanting questions of law to the Supreme Judicial Court of Massachusetts (SJC) incident to a divorce proceeding.…
Estate Tax Changes Past, Present, and Future
I. INTRODUCTION – This outline is a selective and evolving review of the history of the modern federal estate tax. It originated during the attempts…
Estate Tax Changes Past, Present, and Future
I. INTRODUCTION – This outline is a selective and evolving review of the history of the modern federal estate tax. It originated during the attempts…
California Expands Voluntary Disclosure Program for Out-of-State Trusts
On September 25, Governor Brown signed into law Senate Bill No. 813, which updated the California Voluntary Disclosure Program (VDP) to include out-of-state trusts with California beneficiaries and non-resident partners of out-of-state partnerships, and to allow the Franchise Tax Board (FTB) to waive the S Corporation or partnership late-filing penalty for specified returns under the […]
California Expands Voluntary Disclosure Program for Out-of-State Trusts
On September 25, Governor Brown signed into law Senate Bill No. 813, which updated the California Voluntary Disclosure Program (VDP) to include out-of-state trusts with…
California Expands Voluntary Disclosure Program for Out-of-State Trusts
On September 25, Governor Brown signed into law Senate Bill No. 813, which updated the California Voluntary Disclosure Program (VDP) to include out-of-state trusts with…
Final Regulations on PRIs Make for Inspirational Reading for Family Foundations
Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra: Privacy Policy (Updated: October 8, 2015): hide JD Supra provides users with access to its legal industry publishing services (the “Service”) through its website (the “Website”) as well as through other sources. Our policies with regard […]
Final Regulations on PRIs Make for Inspirational Reading for Family Foundations
It is not often that you can find inspiration within the Treasury regulations. But if you are a family foundation looking for innovative ways of…
Final Regulations on PRIs Make for Inspirational Reading for Family Foundations
It is not often that you can find inspiration within the Treasury regulations. But if you are a family foundation looking for innovative ways of…
Avoiding Tax and Legal Missteps: 4 Takeaways
On September 20, Peterson Sullivan and Schwabe, Williamson & Wyatt partnered to host a seminar titled Avoiding Tax and Legal Missteps for the Construction Industry. Below are some of the key takeaways to consider: #1: Claim Preservation and Accounting Backup—Justifying Quantum When claims arise on construction projects—for scope disputes, changed work, changed conditions, delay or […]
Avoiding Tax and Legal Missteps: 4 Takeaways
On September 20, Peterson Sullivan and Schwabe, Williamson & Wyatt partnered to host a seminar titled Avoiding Tax and Legal Missteps for the Construction Industry.…
REIT Implications of the New “Big Six” Tax Reform Framework
Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra: Privacy Policy (Updated: October 8, 2015): hide JD Supra provides users with access to its legal industry publishing services (the “Service”) through its website (the “Website”) as well as through other sources. Our policies with regard […]
When Is a Will Valid in California?
Although much wealth passes today through trusts and beneficiary designations, we occasionally handle California probate disputes that turn on the validity of wills, sometimes involving high value estates. The standard practice in California estate planning is for wills to be typewritten and prepared by attorneys, but those steps are not necessary. A holographic, i.e., handwritten, […]
When Is a Will Valid in California?
Although much wealth passes today through trusts and beneficiary designations, we occasionally handle California probate disputes that turn on the validity of wills, sometimes involving…
Where There’s a Will There’s a Way?
On August 25, 2017, Maryland’s highest court, the Court of Appeals (the “Court”), visited issues arising from the statute providing for the valid execution, particularly attestation, of a Maryland will based on a statute that had remained largely unchanged since 1798. In Sadie M. Castruccio v. The Estate of Peter A. Castruccio et al., No. […]
Where There’s a Will There’s a Way?
On August 25, 2017, Maryland’s highest court, the Court of Appeals (the “Court”), visited issues arising from the statute providing for the valid execution, particularly…
Tax Law Uncertainty Should Not Delay Farming Business Succession Planning
Tax law uncertainty, should not prevent farming business succession planning as part of overall estate planning. Relevant Tax Law Changes and Overview Federal gift, estate and generation-skipping transfer taxes may apply to farmers and others. (California has no such transfer taxes.) There is one unified exemption for gift and estate taxes, and an identical one […]
Three Critical Legal Documents Every Parent of a College Student Should Get in Place As Soon As Possible
As a soon-to-be college freshman many years ago, I was preoccupied with selecting roommates, finding bacteria-resistant shower shoes, and dreaming about the incredible freedom my 18-year-old adult self would have. Of course, it never occurred to me that it would have been prudent to have certain legal documents in place to make sure my parents […]
Three Critical Legal Documents Every Parent of a College Student Should Get in Place As Soon As Possible
As a soon-to-be college freshman many years ago, I was preoccupied with selecting roommates, finding bacteria-resistant shower shoes, and dreaming about the incredible freedom my…
Court Affirms Judgment For Estate Representative Due To A Statute-Of-Limitations Tolling Statute
Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra: Privacy Policy (Updated: October 8, 2015): hide JD Supra provides users with access to its legal industry publishing services (the “Service”) through its website (the “Website”) as well as through other sources. Our policies with regard […]
Court Affirms Judgment For Estate Representative Due To A Statute-Of-Limitations Tolling Statute
In Kaptchinskie v. Estate of Kirchner, the purchasers of property sued an estate to establish that the estate’s claim under a note was extinguished by…
Staff Addresses Family Trusts With Multistate Trustees
Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra: Privacy Policy (Updated: October 8, 2015): hide JD Supra provides users with access to its legal industry publishing services (the “Service”) through its website (the “Website”) as well as through other sources. Our policies with regard […]
Staff Addresses Family Trusts With Multistate Trustees
When the Securities and Exchange Commission two years proposed amendments to Rule 147 and adoption of Rule 147A, I commented on an issue that I…
Projected Estate and Gift Tax Exemptions for 2018 – How Much Can You Transfer?
The Consumer Price Index was released by the Labor Department in August 2017. Not everyone anxiously awaits the release of these numbers but the experts have now made estimates of how they will impact estate, gift, and generation-skipping transfer taxes for 2018. These are not official numbers – the Internal Revenue Service will publish the […]
Projected Estate and Gift Tax Exemptions for 2018 – How Much Can You Transfer?
The Consumer Price Index was released by the Labor Department in August 2017. Not everyone anxiously awaits the release of these numbers but the experts…
IRS Issues Proposed Guidance on the Definition of Registered Form
On September 15, 2017, the Internal Revenue Service (IRS) issued proposed regulations (REG-125374-16) amending the definition of obligations that are in registered form to take into account current market practices and changes made by the Hiring Incentives to Restore Employment Act. In addition, the proposed regulations clarify the types of arrangements that qualify as “pass-through […]
IRS Issues Proposed Guidance on the Definition of Registered Form
On September 15, 2017, the Internal Revenue Service (IRS) issued proposed regulations (REG-125374-16) amending the definition of obligations that are in registered form to take…
Guardianship, Mental Incapacity and the Right to Vote
All U.S. citizens have a federally guaranteed right to vote, but those under guardianship (or conservatorship) may not have that right. Although things are slowly changing, some states still deny citizens the right to vote if they have been declared mentally incompetent, and this automatically includes anyone under guardianship, whether or not they actually lack […]
Guardianship, Mental Incapacity and the Right to Vote
All U.S. citizens have a federally guaranteed right to vote, but those under guardianship (or conservatorship) may not have that right. Although things are slowly…
Section 7C
Raising the red flag on low interest and interest free loans to trusts Over the years, trusts have consistently proved to be a reliable and attractive vehicle for many, offering flexibility and benefits with regard to estate planning, investments, the protection of assets and tax planning. However, the increased use in trusts has led to […]
Section 7C
Raising the red flag on low interest and interest free loans to trusts – Over the years, trusts have consistently proved to be a reliable…
[Webinar] Issues and Recent Developments in Art Law – October 5th, 11:00am ET
Issues and Recent Developments in Art Law 10/05/2017 11:00 AM – 10/05/2017 12:00 PM Program HighlightsPlease join Christie’s and the Locke Lord LLP Art Law Group for an overview of the art market and key legal issues. Thursday, October 5, 201711:00 a.m. – 12:00 p.m. (Eastern)Program will begin promptly at 11:00 a.m.. Please register below […]
[Webinar] Issues and Recent Developments in Art Law – October 5th, 11:00am ET
Please join Christie’s and the Locke Lord LLP Art Law Group for an overview of the art market and key legal issues….By: Locke Lord LLP
Can the Beneficiary of a Special Needs Trust Change the Trustee?
The beneficiary of a special needs trust can never control or access trust funds – that is the job of the trustee. A common fear among beneficiaries or their families is that the trustee may not do what’s in the beneficiary’s best interests and that, if this happens, the beneficiary may not be able to […]
Can the Beneficiary of a Special Needs Trust Change the Trustee?
The beneficiary of a special needs trust can never control or access trust funds – that is the job of the trustee. A common fear…
Durable General Powers of Attorney
Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra: Privacy Policy (Updated: October 8, 2015): hide JD Supra provides users with access to its legal industry publishing services (the “Service”) through its website (the “Website”) as well as through other sources. Our policies with regard […]
Durable General Powers of Attorney
Durable General Powers of Attorney (“DGPOAs”) are fundamental estate plan documents used to allow a person (the “Principal”) to appoint another person (the “Agent”) to…
Estate Tax Portability – Not So Fast My Friend
Many of you have heard of the new Federal estate tax “portability” rule that allows a surviving spouse to effectively inherit any unused federal estate tax exemption of a predeceased spouse. An individual can only use the unused estate tax exemption from his or her “last deceased spouse.” Some married clients conclude that portability means […]
Estate Tax Portability – Not So Fast My Friend
Many of you have heard of the new Federal estate tax “portability” rule that allows a surviving spouse to effectively inherit any unused federal estate…
Audit of Predeceased Spouse Permitted for Purposes of DSUE Adjustment for Surviving Spouse’s Estate
A husband died in 2012, and his estate filed a gift tax return to report a deceased spousal unused exclusion (DSUE) and elected portability. The IRS sent a letter to husband’s estate accepting the estate tax return as filed. Portability allows a surviving spouse or the estate of that surviving spouse to use the unused […]
Audit of Predeceased Spouse Permitted for Purposes of DSUE Adjustment for Surviving Spouse’s Estate
A husband died in 2012, and his estate filed a gift tax return to report a deceased spousal unused exclusion (DSUE) and elected portability. The…
Hurricanes, Displacement And The Effect On Domicile
Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra: Privacy Policy (Updated: October 8, 2015): hide JD Supra provides users with access to its legal industry publishing services (the “Service”) through its website (the “Website”) as well as through other sources. Our policies with regard […]
Hurricanes, Displacement And The Effect On Domicile
In the span of three weeks, Hurricanes Harvey and Irma descended upon the southern United States causing mass evacuations, heroic rescues, and catastrophic damage, particularly…
Edith Windsor: Saying Farewell to a Brave Woman
Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra: Privacy Policy (Updated: October 8, 2015): hide JD Supra provides users with access to its legal industry publishing services (the “Service”) through its website (the “Website”) as well as through other sources. Our policies with regard […]
Edith Windsor: Saying Farewell to a Brave Woman
In law school, I wrote papers on the tax consequences of death and divorce for same-sex married couples. The conclusions I drew in those academic…
Governor Christie Signs Uniform Fiduciary Access to Digital Assets Act into Law
On September 13, 2017, Governor Chris Christie signed into law New Jersey Assembly Bill A-3433, otherwise known as the Uniform Fiduciary Access to Digital Assets Act (“UFADAA”). The Act becomes effective ninety days after the Governor’s enactment and applies to those persons who are residents of the State of New Jersey or who resided in […]
Governor Christie Signs Uniform Fiduciary Access to Digital Assets Act into Law
On September 13, 2017, Governor Chris Christie signed into law New Jersey Assembly Bill A-3433, otherwise known as the Uniform Fiduciary Access to Digital Assets…
2017/2018 Estate And Gift Tax Update
Experts have started to calculate the inflation adjustments to key estate and gift exemption amounts for 2018. Note that these are not the official figures to be released by the IRS, but should be used as a guide. The IRS will officially release the numbers later this year. For an estate of any decedent dying […]
2017/2018 Estate And Gift Tax Update
Experts have started to calculate the inflation adjustments to key estate and gift exemption amounts for 2018. Note that these are not the official figures…
Do I Need An Estate Plan?
Do you care who will receive your assets upon your death? Do you have a minor child or children and want to have a say in who takes care of them if something happens to you? Do you care who will take care of you if you become incapacitated? Are you interested in minimizing taxes […]
Do I Need An Estate Plan?
• Do you care who will receive your assets upon your death? • Do you have a minor child or children and want to have…
What the Governor’s Race Could Mean for the New Jersey Estate Tax
New Jersey is one of two states that impose both an inheritance tax and a State estate tax upon death (Maryland is the other state). According to a bill signed into law by Governor Chris Christie in October 2016, the estate tax exemption amount in New Jersey is $2 million for individuals dying in 2017, […]
What the Governor’s Race Could Mean for the New Jersey Estate Tax
New Jersey is one of two states that impose both an inheritance tax and a State estate tax upon death (Maryland is the other state).…
Finally, Confirmation that Finality and Protections are Available to Trustees Under the Ohio Trust Code
Reprinted from Probate Law Journal of Ohio, with permission of Thomson Reuters. Copyright © 2017 Years after the initial enactment of the Ohio Trust Code and articles published in this journal1 the Tenth District Ohio Court of Appeals in Zook, et al. v. JP Morgan Chase Bank National Association, et al., 10th Dist. No. 15AP-751, 2017-Ohio-838, […]
Finally, Confirmation that Finality and Protections are Available to Trustees Under the Ohio Trust Code
Years after the initial enactment of the Ohio Trust Code and articles published in this journal the Tenth District Ohio Court of Appeals in Zook,…
Chris Lazarini Examines Unconscionability Claims in Arbitration Clause
Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra: Privacy Policy (Updated: October 8, 2015): hide JD Supra provides users with access to its legal industry publishing services (the “Service”) through its website (the “Website”) as well as through other sources. Our policies with regard […]
Chris Lazarini Examines Unconscionability Claims in Arbitration Clause
Bass, Berry & Sims attorney Chris Lazarini examined a case in which a plaintiff filed a breach of fiduciary duty claim in federal court and…
A not so special leave – Mercanti v Mercanti [2017] HCA 1
The High Court has recently dismissed an application for special leave to appeal the Western Australian Court of Appeal’s decision in Mercanti v Mercanti [2016] WASCA 206, in respect of a case involving amendments to a family discretionary trust. This brings to an end a series of injunctions, most recently extended in the High Court’s […]
A not so special leave – Mercanti v Mercanti [2017] HCA 1
The High Court has recently dismissed an application for special leave to appeal the Western Australian Court of Appeal’s decision in Mercanti v Mercanti [2016]…
Some Important Factors To Consider Before Creating A Special Needs Trust
A Third-Party Special Needs Trust (also referred to as a “Supplemental Needs Trust”) allows parents or other relatives of a special needs beneficiary to dedicate assets to the beneficiary by gift or inheritance without affecting his or her…By: Cole Schotz Source: JD Supra Some Important Factors To Consider Before Creating A Special Needs Trust
Some Important Factors To Consider Before Creating A Special Needs Trust
A Third-Party Special Needs Trust (also referred to as a “Supplemental Needs Trust”) allows parents or other relatives of a special needs beneficiary to dedicate…
Every Day is Bitcoin Pizza Day: What Clients and Estate Planners Need to Know about Virtual Currency
The combined value of all of the 867 crypto currencies tracked by CoinMarketCap.com is presently over $161 billion. Only seven years ago, on what is commemorated as “Bitcoin Pizza Day,” Bitcoin, then a new crypto currency, was worth barely anything….By: Murtha Cullina Source: JD Supra Every Day is Bitcoin Pizza Day: What Clients and […]
Every Day is Bitcoin Pizza Day: What Clients and Estate Planners Need to Know about Virtual Currency
The combined value of all of the 867 crypto currencies tracked by CoinMarketCap.com is presently over $161 billion. Only seven years ago, on what is…
The North Carolina Uniform Power of Attorney Act: A Practical Introduction for Real Estate Practitioners
Can we all agree that dealing with a power of attorney in North Carolina has long been, at best, a frustrating experience? Well, help is on the way! On July 20, 2017, Governor Cooper signed Senate Bill 569, “An Act to Adopt the Uniform Power of…By: Ward and Smith, P.A. Source: JD Supra The […]
You must be logged in to post a comment.