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

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American Airlines parent AMR, in bankruptcy protection, lost $234 million in ...
Washington PostMarch 1, 2012

... trying to turn around while in bankruptcy protection, says it lost $234 million in January. That includes restructuring expenses of $155 million related to renegotiating aircraft financing and $15 million in fees paid to advisers such as lawyers.more »

WORKPLACE: Labor Department launches criminal division
Press-EnterpriseMarch 1, 2012

BY JACK KATZANEK California's Department of Labor has created a criminal division to investigate employers who are suspected of harming workers by deliberately committing illegal acts, it was announced earlier this week. The new division, which will be ...more »

Trusts & Estate Planning News and Stories

Asset Protection
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Evicting Mom
JD Supra (press release)March 2, 2012

DOC} Evicting Mom By James F. McDonough, Jr. on February 29th, 2012 Posted in Asset Planning, Asset Protection, Estate Tax, Property Tax, Qualified Personal Residence Trust I was listening to the radio Friday evening when the announcer described a news ...more »

Guardianship & Conservatorship
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Klaus running for probate judge in Clare, Gladwin
The Morning SunMarch 31, 2012

She has practiced law in Clare since 1999 and said she routinely represents clients in probate court, handling a variety of cases including disability, wills, trusts and estate matters. She recently earned the State Bar of Michigan's Institute of ...more »

Charitable Trusts
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U.S. Senate heads for showdown over contraceptives
Reuters AlertNetMarch 1, 2012

By David Morgan WASHINGTON, Feb 29 (Reuters) - The Democratic-led US Senate is expected on Thursday to defeat a largely symbolic measure that would exempt employers such as Roman Catholic hospitals, universities and charities from a controversial White ...more »

Brian Hayes: Watch out, Fianna Fail, Sinn Fein is now moving in for the kill
Irish IndependentMarch 4, 2012

Violence that to this day she and others within Sinn Fein cannot say was a crime. No abject apology here. No sense of unbelievable hypocrisy. As if we can just move along and put the IRA's criminality record to one side while Sinn Fein presents itself ...more »

Living Trusts
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It's incest - gran
SowetanMarch 16, 2012

... from Whitney's Atlanta townhouse, where he is apparently living with Bobbi. A source said: "Nick proposed to Krissy on March 10, and she said yes. "Krissy said Nick is the only person she trusts in the world. They have a very deep connection.more »

Estate Administration
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Recovery of assets: gratuitous transactions in a corporate group
International Law OfficeMarch 1, 2012

Companies that participate in major international business often conduct their business as a part of a corporate group. Both the legal and economic definitions of 'corporate group' vary across different jurisdictions and applicable legislation.more »

Power Of Attorney
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End-of-life planning helps all
Toledo BladeMarch 4, 2012

The advance directives of living wills and durable health-care power of attorney became more prevalent as a result of 25-year-old Ms. Cruzan, whose parents wanted artificial feeding and hydration removed. Their legal battle reached the Supreme Court, ...more »

Sunshine Week: Openness advocates, legislation meeting resistance
Dallas Morning News (subscription) (blog)March 12, 2012

The Transparency in Government Act, for example, would provide online disclosure of Congress members' personal financial information, foreign travel and gifts, and of lobbyists' meetings with lawmakers and others. US Rep. Mike Quigley, an Illinois ...more »

Revocable & Irrevocable Trusts
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Letter: Liabilities may reduce Ipswich School trust
Wicked LocalMarch 1, 2012

If the state or federal government were to fine or bill the trust either for not filing forms as required by law or for not paying taxes due, the payment would have to be made from the money resulting from the sale of Little Neck.more »

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