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

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YEAR IN REVIEW: Bustling again - Pro's Ranch Market reinvigorates El Paseo ...
Las Cruces Sun-NewsJanuary 1, 2012

The Anchorage-based Alaska Structures, which makes shelters for the military as well as commercial customers, originally moved into the location at 301 Rea Blvd., when it also started to lease 100000 square feet at the previously empty building at 8500 ...more »

Police investigate city's 39th homicide on New Year's Eve
Global WinnipegJanuary 1, 2012

It's not the way Winnipeg Police hoped to end 2011, investigating the city's 39th homicide of the year. A man was shot and killed inside a house in the 6-hundred block of Selkirk Avenue around 5 am Saturday. "It's supposed to be a new year tomorrow and ...more »

Trusts & Estate Planning News and Stories

Asset Protection
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Cordray's Ascent Expands Consumer Bureau Reach to Non-Bank Firms
BusinessWeekJanuary 5, 2012

The bureau already has initiatives in place that suggest it will remain focused on improving disclosure for mortgages, credit cards and student loans -- the major sources of credit for most Americans, said Reid Cramer, director of the asset- building ...more »

Guardianship & Conservatorship
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Lipman: Sibling rivalry could be costly
Houston ChronicleJanuary 2, 2012

My sister obtained power of attorney about a year ago without the knowledge of my brother or me. My sister has mishandled my mother's finances and rental property and has authorized poor medical decisions. She has even taken property and money from my ...more »

Charitable Trusts
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Private schools and public benefit
OUPblog (blog)January 5, 2012

The Act also required the Charity Commission to provide Guidelines on what amounted to public benefit. Section 4(6) required trustees of charitable trusts to 'have regard to' such guidance. The Guidelines duly appeared in 2008 and in 2009 the ...more »

Dissidents pose less of a threat as splits widen
Belfast TelegraphJanuary 3, 2012

Across the Republic's capital, at least two of the hardline republican groups are engaged in diversionary struggles both among themselves and with criminal gangs in the city. The Continuity IRA in Dublin insists it remains united, but there is a ...more »

Living Trusts
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About Real Estate: Foreclosures, short sales can sometimes trigger huge income...
Chicago Daily HeraldJanuary 6, 2012

How do we deal with this when we begin filling out our 2011 tax return? One friend says the Internal Revenue Service will consider the $75000 in forgiven debt as “income” to us and that we'll have to pay taxes on the amount (even though we didn't earn ...more »

Estate Administration
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Tax Relief and Health Care Acts Shape 2011 Returns
Journal of AccountancyJanuary 1, 2012

The Tax Relief Act increased the alternative minimum tax (AMT) exemption amounts for 2010 and 2011 (also known as the AMT patch). For 2011, the amounts are $48450 for unmarried individuals; $74450 for married individuals filing jointly; and $37225 for ...more »

Power Of Attorney
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Victor man accused of draining mother's bank account
Rochester Democrat and ChronicleJanuary 6, 2012

Munger was accused of abusing his power of attorney status, which he had well before the reported thefts. The bank revoked his access to his mother's account in November 2009, Eifert said. Another relative currently has the power of attorney on the ...more »

Giveaway: IKEA Bring Your Own Friend Event — Win $100 Gift Card for You, and ...
myGLOSSJanuary 5, 2012

She's pregnant with her first baby, and I'm sure she could use some extra furniture or what not I would give it to my sister-in-law, she's getting married, a new home, and loves shopping at IKEA. She's a great friend and has been there for me this past ...more »

Revocable & Irrevocable Trusts
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Health trust warned over patient safety
Cambridge NewsJanuary 5, 2012

Frances Carey, regional director for the East of England, said: “The law says that these are the standards that everyone should be able to expect. Providers have a duty to ensure they are compliant. “We will be returning to the trust to follow up on ...more »

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