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

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Hail Damage Helps Sales and Use Tax Revenue Soar
KGWNOctober 1, 2011

Sales and use tax collections typically lag the point of sale by about two months, which means the work load from the hail storm events that happened in July are just now starting to show in the state's tax numbers. "We're seeing this work load ...more »

Solaria Considers Tax Break in California Expansion
BusinessWeekOctober 1, 2011

Under a 2010 law, the state Alternative Energy and Advanced Transportation Financing Authority can exempt sales taxes on equipment, the building or assembly of alternative-energy manufacturing and landfill-gas plants. The authority plans to vote on ...more »

Trusts & Estate Planning News and Stories

Asset Protection
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Law Enforcement Blotter 10/12
Brownwood News (blog)October 12, 2011

The asset protection employee stated she had detained 19-year-old Whitney Patterson and 18-year-old Denise Sprinkle for theft. After an investigation, Patterson and Sprinkle were each arrested for Theft Equal or greater than $50 less than $500. ...more »

Guardianship & Conservatorship
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Federal lawmakers hear about Appleton guardianship abuse
Green Bay Press GazetteOctober 3, 2011

At a hearing last week before a US Senate subcommittee, testimony suggested the case against Jeffrey M. Schend is far from unique. "While the vast majority of court-appointed guardians are undoubtedly professional, well-meaning and law-abiding, ...more »

Charitable Trusts
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Charitable remainder trusts: How the wealthy give it away and get it back
International Business TimesOctober 2, 2011

But experts warn CRTs demand a high degree of planning and attention to the fine points of tax law. “There are many, many tricky rules that apply to charitable remainder trusts,” says Jonathan Blattmachr, a director of Eagle River Advisors in New York ...more »

This American Life Ira Glass Man-Fatuation Post: Adventure
Jewcy.com (blog)October 12, 2011

An American man living happily in China, accidentally head buts a guy during a soccer game and is put in jail for the crime. I was immediately reminded of the movie Enter the Void wherein an American kid in a far away country becomes the target of the ...more »

Living Trusts
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Solano County Estate Planning Attorney at The Law Offices of Norbert U. Frost ...
Insurance News Net (press release)October 6, 2011

For families with significant assets, a trust can be drafted to take advantage of the tax laws to minimize estates taxes. If the value of the estate is higher than the estate tax threshold, the client should consider setting up a trust with provisions ...more »

Estate Administration
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Nashville People in Business
The TennesseanOctober 2, 2011

... creditor debtor rights/insolvency and reorganization law and litigation-bankruptcy; Mary Taylor Gallagher for railroad law; Dan Haskell for government relations practice; Andra J. Hedrick for trusts and estates; Allen D. Lentz for corporate law; ...more »

Power Of Attorney
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Shelter expanding services
Cincinnati.comOctober 2, 2011

That lasted for about two months, until the day his daughter-in-law asked him to sign documents giving her and his son power of attorney to handle his affairs. Not wanting to give up his independence, Wilson refused. During the next two years, ...more »

Hearing Set for Oct. 26 on Edwards Request to Have Charges Dismissed
Main JusticeOctober 5, 2011

Prosecutors contend that the gifts exceeded legal limits and were campaign contributions because they intended to advance Edwards' presidential campaign. Defense attorneys counter that Edwards was trying to hide the affair and pregnancy from his ...more »

Revocable & Irrevocable Trusts
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Dodgers, Solyndra, Viceroy, Innkeepers, Lehman: Bankruptcy
BusinessWeekOctober 3, 2011

Opposing dismissal, the resort described how Starwood used authorization from the bankruptcy court and foreclosed the property, leaving the company in bankruptcy with no ongoing business, no assets, and nothing to distribute to creditors. ...more »

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