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

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US could pay pension bill for AMR as it restructures: report
ReutersDecember 1, 2011

Tom Horton, the new chief executive of American Airlines and its parent company AMR said the fact the company had filed for Chapter 11 bankruptcy protection did not mean its pension plans would definitely move to the PBGC, but he signaled it was a real ...more »

Connecticut Man Sentenced for Role in $4 Million Mortgage Fraud Scheme
LoanSafeDecember 1, 2011

... Insurance Corporation, Office of Inspector General; and State of Connecticut Department of Banking. To report financial fraud crimes, and to learn more about the President's Financial Fraud Enforcement Task Force, please visit www.stopfraud.gov.more »

Trusts & Estate Planning News and Stories

Asset Protection
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Federal Agencies Join Forces to Prevent HAMP and Loan Mod Fraud
National Mortgage Professional MagazineDecember 1, 2011

The Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), the Consumer Financial Protection Bureau (CFPB), and the US Department of the Treasury have announced the creation of a joint task force to combat scams ...more »

Guardianship & Conservatorship
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McCready's ex says she's pushing luck over son
The Associated PressDecember 2, 2011

The boy was living with McCready's mother, who was awarded guardianship in 2007. McCready says her son has suffered abuse at her mother's house; her mother, Gayle Inge, denies the abuse allegations. "Once the child is located, we will pick him up and ...more »

Charitable Trusts
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Don't the Sulzbergers count, too?
New York PostDecember 1, 2011

The Times complains that Lauder's “vast holdings . . . are organized in a labyrinth of trusts, limited-liability corporations and holding companies, some of which his lawyers acknowledge are intended for tax purposes.” Hmm: A recent proxy statement ...more »

Supreme Court to look at Arizona immigration law
Arizona RepublicDecember 13, 2011

Bolton allowed portions of the law that require local law enforcement to enforce federal immigration laws to the fullest extent, make it a crime to transport or harbor an illegal immigrant and make it a crime to pick up a day laborer in a roadway if it ...more »

Living Trusts
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Where motive is profit, education takes a back seat
The HinduDecember 24, 2011

... 2009, which enforces a private-public partnership by reserving 25 per cent seats for the economically backward living in the vicinity of a private school, is a major source of anxiety for these institutions. Private trusts and managements fret ...more »

Estate Administration
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Northern Trust Appoints Dave Sauvarin as Managing Director of Jersey Office
MarketWatch (press release)December 5, 2011

Sauvarin, who was most recently head of Northern Trust's UK listed real estate administration team in Guernsey, replaces Paul Guilbert, who has been appointed as head of private equity in Guernsey. In his role, Sauvarin is responsible for managing ...more »

Power Of Attorney
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Lakshmi Parvathi out of NTRs house
IBNLive.comDecember 3, 2011

After the death of NTR, Uma gave General Power of Attorney (GPA) to Ramakrishna, who approached various courts for the possession of the house. According to officials, K Umamaheswari is the landlord of the house. Ramakrishna filed a civil case in 1998 ...more »

UC Irvine Announces Better Clerkship Numbers Than Almost Everyone Else
Above the LawDecember 12, 2011

This year, the school boasts one of the highest federal clerkship placement rates in the country. Keep reading to see which elite law schools have been edged out by UC Irvine…. Every year, thousands of third-year law students across the country apply ...more »

Revocable & Irrevocable Trusts
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Doctor's lawsuit against Williams Parker Harrison due to go to trial
Sarasota Herald-TribuneDecember 2, 2011

"There has been an increase in real estate-related lawsuits against all the parties who make up a real estate transaction as a result of those real transactions failing a lot more due to the economy," said Darryl Wilson, a Stetson University law...more »

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