Trusts & Estate Planning News. Crime Stories, Law on News and Legal Publications in December, 2011

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LS Power Completes Financing for West Deptford Energy Station
PR Newswire (press release)December 1, 2011

LS Power is a power generation and transmission group with a proven track record of successful development activities, operations management and commercial execution. LS Power has been involved in the development, construction, or operations of over ...more »

Ex-lawyer to serve 6 months for insider trading
ReutersDecember 1, 2011

NEW YORK (Reuters) - A former lawyer who was one of the prime suppliers of corporate secrets to traders in an insider trading ring, was sentenced to six months imprisonment on Wednesday. Brien Santarlas once worked for the well-known ...more »

Trusts & Estate Planning News and Stories

Asset Protection
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CFTC Backs MF Global Trustee's Proposed $2.1 Billion Payout Before Hearing
BloombergDecember 9, 2011

The third transfer by trustee James Giddens, which a judge is considering in Manhattan bankruptcy court today, would give commodity customers about 72 percent of their assets, a lawyer for Giddens told the judge. Judge Martin Glenn received at least 18 ...more »

Guardianship & Conservatorship
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Troubled country music star Mindy Mcready who went missing with son, 5, after ...
Daily MailDecember 1, 2011

Her mother was awarded guardianship of the boy in 2007. Florida Department of Children and Families said a missing person report was filed with Cape Coral police on Tuesday night after McCready took Zander from her father's home. ...more »

Charitable Trusts
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Ex-Saugus library employee accused of embezzling $800000 from library
The Boston GlobeDecember 7, 2011

This is a real breach of the public's trust,” he said. The charitable donations diverted to Duffy's account included checks for about $143535 from a family estate, prosecutors said. The GE Foundation, which matched donations to the library from current ...more »

Also in Entertainment
The CorkmanDecember 2, 2011

Nucky and Owen meet the leaders of the IRA. 12.25-2.25 FILM: Grey Gardens (2009) 6.00 How Do They Do It? 7.00 How It's Made 8.00 Mythbusters 1.00 Wheeler Dealers: On the Road 2.00 American Chopper 3.00 Mythbusters 4.00 How Do They Do It? 5.00 How It's ...more »

Living Trusts
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Can Obama Be the Next Teddy Roosevelt?
The AtlanticDecember 6, 2011

OYSTER BAY, NY -- In a display case at Sagamore Hill, the historic estate of President Theodore Roosevelt, a polished blue tablet reads, "By the turn of the century, business trusts controlled 65 percent of American wealth and Wall ...more »

Estate Administration
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Council reveals budget amendments, reduces tax increase
Scranton Times-TribuneDecember 3, 2011

Rather than a 29.1 percent increase in the real estate tax as proposed by Mayor Chris Doherty, council's amendments call for a 4.8 percent increase, according to Council Finance Chairman Frank Joyce. The lawmakers reduced the mayor's proposed 16 ...more »

Power Of Attorney
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NTR's widow evicted from house
RediffDecember 2, 2011

He took control of the house on behalf of his younger sister Uma Maheshwari as her power of attorney holder. ccording to Parvati, the operation was carried out when she was out of town. She reacted angrily to the development and called it uncivilised ...more »

Local drives collecting toys
Bryan College Station EagleDecember 1, 2011

Marketing director Heather Beran said each gift is wrapped by a volunteer and labeled with the recipient's name. A motorcycle caravan escorted by local law enforcement will deliver the toys to pre-selected families, she said. The families are nominated ...more »

Revocable & Irrevocable Trusts
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Holding Back the Inheritance
Barron'sDecember 3, 2011

It is still common today for parents to transfer assets during their lifetime to their children to reduce the potential estate tax. But more parents are gifting the transferred money into trusts and thus keeping a hand in how distributions of income ...more »


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