Revocable & Irrevocable Trusts. Legal news and articles for October 29 - 31, 2012

Emergency law to clarify Mental Health Act irregularityLos Angeles Trusts And Estates Attorney Christopher D. Carico Selected For ...Why Romney's 'Tax Avoidance' Strategies Don't Deserve CriticismDepartment of Health inventing trust failure rules "on the hoof", say MPsRioCan Real Estate Investment Trust And Tanger Outlets To Acquire Two Outlet ...NOTICE OF TRUSTEE'S SALE File ID. #12-42403RioCan Real Estate Investment Trust And Tanger Outlets To Acquire Two Outlet ...Failing South London NHS trust should be dissolved, according to draft reportTrusts (Amendment No.5) (Jersey) Law - A Year OnJudgement Summary: Anonymisation And Redaction Of Judgements In Trust...Tax Expert Calvin Johnson 'Skeptical' Of Mitt Romney's TaxesRomney's Charitable Trust—Not Very CharitableSenior Housing Properties Trust Announces 2012 Third Quarter ResultsAPPLEBY SHORTLISTED AT THE CITYWEALTH INTERNATIONAL FINANCIAL ...Estate, gift tax law changes stir 'frenzy'

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Estate Planning: Why have multiple trusts in one document
Lake County NewsOctober 6, 2012

At the death of the first spouse, the couple's joint trust estate may be divided according to California's Community Property laws. That is, the ... Nonetheless, when assets are transferred from one trust to another administration expenses are incurred ...more »

Estate, gift tax law changes stir 'frenzy'
Reno Gazette JournalOctober 29, 2012

CHICAGO — Taxes that are largely a concern of the very rich will soon affect far more people unless Congress steps in. The impending drastic changes in the estate and gift tax laws are prompting a flurry of activity as 2013 draws near. Family members ...more »

Revocable & Irrevocable Trusts. News and Stories

Emergency law to clarify Mental Health Act irregularity
ZenopaOctober 31, 2012

The organisations used mental health trusts to carry out the validation and approval process for them without asking for decisions to be referred back to them for final confirmation. These approvals and subsequent medical assessments made by these ...more »

Los Angeles Trusts And Estates Attorney Christopher D. Carico Selected For ...
Sacramento BeeOctober 30, 2012

...business/corporate law, estate planning and probate law, business and civil litigation, employment litigation, trust and estate litigation, and employment and labor law. Carico Johnson Toomey's Trusts & Estates lawyers have been recognized as among ...more »

Why Romney's 'Tax Avoidance' Strategies Don't Deserve Criticism
ForbesOctober 30, 2012

The taxpayer receives a charitable deduction for income tax purposes equal to the value, according to a formula, of the charity's right to receive the remainder of the money after the term; there are also gift and estate tax benefits. During the term ...more »

Department of Health inventing trust failure rules "on the hoof", say MPs
Out-Law.comOctober 30, 2012

In its report, the Public Accounts Committee (PAC) said that the Government had been "unable to explain" the circumstances under which an NHS trust would be placed into the new special administration regime and how it would ensure that essential ...more »

RioCan Real Estate Investment Trust And Tanger Outlets To Acquire Two Outlet ...
Equities.comOctober 30, 2012

The Income Tax Act (Canada) (the "Act") contains legislation affecting the tax treatment of publicly traded trusts (the "SIFT Legislation"). The SIFT Legislation will not impose tax on a trust which qualifies under such legislation as a real estate ...more »

NOTICE OF TRUSTEE'S SALE File ID. #12-42403
White Mountain IndependentOctober 30, 2012

Moore Notice is hereby given that David W. Cowles, Attorney at Law, as trustee (or successor trustee, or substituted trustee), pursuant to the Deed of Trust which had an original balance of $170,000.00 executed by Jeffrey L Moore and Anna K. Moore, ...more »

RioCan Real Estate Investment Trust And Tanger Outlets To Acquire Two Outlet ...
Sacramento BeeOctober 30, 2012

TORONTO and GREENSBORO, N.C., Oct. 30, 2012 -- /PRNewswire/ -- RioCan Real Estate Investment Trust ("RioCan") (TSX: REI.UN) and Tanger ... This News Release contains forward-looking statements within the meaning of applicable securities laws.more »

Failing South London NHS trust should be dissolved, according to draft report
Out-Law.comOctober 30, 2012

In his draft report (87-page / 1.5MB PDF) into the future of South London Healthcare NHS Trust, the Department of Health's Matthew Kershaw proposes a "three-year transformation programme" made up of six elements, which could result in the ...more »

Trusts (Amendment No.5) (Jersey) Law - A Year On
Mondaq News Alerts (registration)October 29, 2012

The Trusts (Amendment No.5) (Jersey) Law was approved by the States of Jersey in November 2011. Almost a year on, it is anticipated that the process for its adoption into law is nearing conclusion. It was sanctioned by the Privy Council on 17 October ...more »

Judgement Summary: Anonymisation And Redaction Of Judgements In Trust...
Mondaq News Alerts (registration)October 29, 2012

... and redaction of the judgement. It should be noted that although the application to set aside the instrument was brought under Article 51 of the Trusts (Jersey) Law 1984 (as amended), these were hostile proceedings to be heard in open court.more »

Tax Expert Calvin Johnson 'Skeptical' Of Mitt Romney's Taxes
Huffington PostOctober 29, 2012

A respected tax attorney and deficit hawk wrote a letter to the editor of Tax Notes on Monday saying that, "There is good reason to be skeptical" of Mitt Romney's claim to have paid all the taxes he legally owes. The letter, by University of Texas Law...more »

Romney's Charitable Trust—Not Very Charitable
Mother JonesOctober 29, 2012

Using the Freedom of Information Act, Bloomberg smartly requested the tax returns of a charitable trust set up by Romney in 1996, which have never been publicly released. (The trust is separate from both the Romneys' family trust and foundation.) ...more »

Senior Housing Properties Trust Announces 2012 Third Quarter Results
MarketWatch (press release)October 29, 2012

THIS PRESS RELEASE CONTAINS STATEMENTS THAT CONSTITUTE FORWARD LOOKING STATEMENTS WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND OTHER SECURITIES LAWS. ALSO ...more »

APPLEBY SHORTLISTED AT THE CITYWEALTH INTERNATIONAL FINANCIAL ...
Lawyer Monthly MagazineOctober 29, 2012

Appleby, the world's largest provider of offshore legal, fiduciary and administration services, has been shortlisted at the Citywealth International Financial Centre Awards 2013 for the following categories: 'Caribbean Law Firm of the Year', 'Caribbean ...more »

Estate, gift tax law changes stir 'frenzy'
Reno Gazette JournalOctober 29, 2012

CHICAGO — Taxes that are largely a concern of the very rich will soon affect far more people unless Congress steps in. The impending drastic changes in the estate and gift tax laws are prompting a flurry of activity as 2013 draws near. Family members ...more »

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