Revocable & Irrevocable Trusts. Legal news and articles for March 28 - 31, 2013

Tax Tips: IRS Warns Napa Valley About 'Dirty Dozen' ScamsAsset Protection Expanded in OhioSavvy Senior: How to ensure your pets are cared for after you're goneKey fixes needed to make sweeping ethics reform a reality in FloridaOn The MoveSavvy Senior: Pet trusts gaining in popularityIs Estate-Tax Portability Permanent?Teach daughter key lessons of spendingEstate Planning: What is the difference between a trust and a will?Under new estate law, you may not need a trustLoan law hits wrong note for musicianZanu-PF Persists With 'Illegal' Community Share TrustsTrust deny blocking Alex Birmingham optionA Journal Sentinel Watchdog Update Investment freedom for cemeteries backedBlog Log: North Aurora Law, Sean Robertson

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A Lawyer for All: The 50th Anniversary of Gideon v. Wainwright
Justia VerdictMarch 18, 2013

His persistence would change the face of criminal justice in the United States. In this column, we'll recall the state of the law before the ruling in Gideon, the arguments that persuaded the Court to declare a right of appointed counsel, and the ...more »

Tax Tips: IRS Warns Napa Valley About 'Dirty Dozen' Scams
Patch.comMarch 31, 2013

The IRS is working with state authorities to identify these entities and bring the owners into compliance with the law. Misuse of Trusts. For years, unscrupulous promoters have urged taxpayers to transfer assets into trusts. While there are legitimate ...more »

Revocable & Irrevocable Trusts. News and Stories

Tax Tips: IRS Warns Napa Valley About 'Dirty Dozen' Scams
Patch.comMarch 31, 2013

The IRS is working with state authorities to identify these entities and bring the owners into compliance with the law. Misuse of Trusts. For years, unscrupulous promoters have urged taxpayers to transfer assets into trusts. While there are legitimate ...more »

Asset Protection Expanded in Ohio
The National Law ReviewMarch 31, 2013

Individuals with concerns about preserving their assets from claims of possible future creditors no longer need to move their assets to Delaware, Alaska or offshore in order to protect them. With the enactment of the Ohio Asset Management Modernization ...more »

Savvy Senior: How to ensure your pets are cared for after you're gone
CapitalGazette.comMarch 31, 2013

A pet trust is a legal instrument that allows you to designate a specific amount of money for your pet's care and name a trustee to carry out your wishes. There are two main types of pet trusts you can set up. One option is a “traditional pet trust...more »

Key fixes needed to make sweeping ethics reform a reality in Florida
Sun-SentinelMarch 31, 2013

The Florida Legislature is about to adopt the most sweeping changes to the government ethics law in 36 years, and yet the changes don't go far enough. Despite a strong start in the Florida Senate, improvements are needed before the legislation meets ...more »

On The Move
Albany Times UnionMarch 31, 2013

Pierro Law Group LLC. Robert P. Mascali joined the law firm with more than 35 years of experience. He will concentrate in special needs planning for people with disabilities, long-term care planning and estate planning. Most recently, Mascali served as ...more »

Savvy Senior: Pet trusts gaining in popularity
Press HeraldMarch 31, 2013

State law will fill in the gaps, so that the simple provision may be effective. If you want to set up a pet trust, talk to an estate-planning attorney, preferably one who has experience with pet trusts. Or you can work with a company like Peace of Mind ...more »

Is Estate-Tax Portability Permanent?
Wall Street JournalMarch 31, 2013

But in this case, it appears unlikely, tax lawyers say. The "portability" law you mentioned attracted strong bipartisan support in Congress. Perhaps more importantly, it generally makes sense—even though, like most tax laws, it can be tricky. "I have ...more »

Teach daughter key lessons of spending
San Angelo Standard TimesMarch 30, 2013

Some people also create trusts for the purpose of avoiding estate taxes. These trusts aren't as common, because you don't have to worry about estate tax problems unless you have assets in excess of $5 million, based on current law. But to be honest ...more »

Estate Planning: What is the difference between a trust and a will?
Lake County NewsMarch 30, 2013

What is the difference between a will and a living trust? This is a basic question people need answered. Let us examine the primary differences between wills and trusts. These differences relate to the following issues: whether a probate is involved ...more »

Under new estate law, you may not need a trust
MarketWatchMarch 29, 2013

By Gail Liberman and Alan Lavine. Just 52% of American millionaires have established trusts and/or estate managers, according to a recent survey by PNC Wealth Management. But thanks to the new estate tax law, you might not necessarily need a trust.more »

Loan law hits wrong note for musician
New Zealand HeraldMarch 29, 2013

It is very difficult to make a living from music in New Zealand and after five years of doing itinerant music teaching in schools, various music performances in New Zealand (earning very little) and private pupils, he returned in January from six ...more »

Zanu-PF Persists With 'Illegal' Community Share Trusts
AllAfrica.comMarch 29, 2013

Through this vehicle, companies are obliged by law to avail at least 10% of shares out of the total value of the company to the selected groups of people represented by a community trust. The trusts are chaired by chiefs and consist of all key ...more »

Trust deny blocking Alex Birmingham option
Redditch StandardMarch 29, 2013

But the process has ground to a halt as the Trust has obtained legal advice which is believed to show it would be unlawful to hold one-to-one talks with just one provider about running services at the Alex without giving others the opportunity. As a ...more »

A Journal Sentinel Watchdog Update Investment freedom for cemeteries backed
Milwaukee Journal SentinelMarch 29, 2013

The broker has been investing funds for a cemetery for many years and did not know his action violated state law, Kooyenga said. "It's really not a big deal," Kooyenga said. "Cemeteries are already investing with these folks." He said the bill would ...more »

Blog Log: North Aurora Law, Sean Robertson
Aurora Beacon NewsMarch 28, 2013

He specializes in divorce, family law, commercial transactions and litigation, and estate planning and wealth preservation law. Readers of North Aurora Law can expect to receive advice and information on these topics as they relate ... Receiving law...more »

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