Trusts & Estate Planning News. Crime Stories, Law on News and Legal Publications in January, 2012

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FBR revises zero-rate scheme, introduces uniform sales tax
The News InternationalJanuary 1, 2012

“The balance amount shall be paid with the monthly sales tax return or in case of excess payment shall be carried forward to the next tax period,” the notification said. The import of finished goods ready for use by the general public, would be charged ...more »

Fatca - The Menace You'll Hear About in 2012
The AtlanticJanuary 1, 2012

To keep better track of the flow of assets owned by US citizens, Fatca requires bankers in other countries to send the IRS information about transactions by any of their customers who are Americans. Similarly, US banks would have to report to the IRS...more »

Trusts & Estate Planning News and Stories

Asset Protection
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Protecting Your Future: Getting home medical care via a pooled income trust
Times Herald-RecordJanuary 1, 2012

Bonnie Kraham is an attorney practicing elder law estate planning with Ettinger Law Firm, 75 Crystal Run Road, Town of Wallkill. She can be reached at 692-8700, ext. 119, or at bkraham@trustlaw.com. This column is intended to provide general ...more »

Guardianship & Conservatorship
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Senior Notes
Cape Cod Times (subscription)January 1, 2012

... veterans benefits, Mass Health, Medicare, consumer issues, public benefits, unemployment, foreclosure, guardianship, power of attorney, bankruptcy, evictions, landlord/tenant issues, utilities, family law and nursing home issues. ...more »

Charitable Trusts
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Controversy over Norfolk museum shake-up plans
Norfolk Eastern Daily PressJanuary 2, 2012

Consultants acting on behalf of Norfolk County Council, which jointly runs the museums along with the relevant district councils, want a charitable trust to take over, something which they say is the best way to safeguard the service and shield them ...more »

Embezzlement victim loses trust
Rutland HeraldJanuary 19, 2012

On Wednesday, former Ira Treasurer Donald Hewitt was sentenced to 27 months in jail for stealing $350,0000 from the town. Federal guidelines called for Natoli to receive a sentence of 27 to 33 months. But Judge William Sessions imposed a lower sentence ...more »

Living Trusts
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Select a financial adviser who is right fit for your investments
Vancouver SunJanuary 24, 2012

Then the federal government introduced sweeping changes to how income trusts were taxed and they lost a lot of money. "We were way over-exposed in trust units," says Gerritsen, now a 41-year-old computer programmer living in Calgary who is also trained ...more »

Estate Administration
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Greenville Business Leader Dies After Illness
Patch.comJanuary 9, 2012

Joyner, who was known for his broad smile and firm handshake, opened his own real estate firm in 1964. As the firm grew from only three staff members to a well-established firm, Joyner sold the firm to Merrill Lynch in 1985, but continued to manage the ...more »

Power Of Attorney
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Key Benefits Of Estate Planning
Brunei News, Brunei Headlines from Brunei fmJanuary 3, 2012

An estate plan typically includes a will, power of attorney (financial), power of attorney (medical) and a living will. A will is the crux of any estate plan. It details out who will receive what part of your estate, including savings, investments, ...more »

Jimmy Dimora trial expected to produce explosive testimony, larger-than-life ...
Plain Dealer (blog)January 1, 2012

Federal prosecutors run a risk, though, of offending the jury if Russo fails to admit his own criminal activity, thus losing credibility, Mearns said. Assistant US attorneys Ann Rowland and Antoinette Bacon also must maintain a safe distance from Russo ...more »

Revocable & Irrevocable Trusts
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Letters: Some facts about the WEA Trust
Fond du Lac ReporterJanuary 3, 2012

Further, it would be against state and federal law for funds to be intermingled between the WEA Trust and WEAC. WEA Trust also does not contribute, as an organization, to any political parties — Republican or Democratic. This can be verified via the ...more »

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