Revocable & Irrevocable Trusts. Legal news and articles for August 22 - 31, 2014

Mow-Down in MotownYoung Trusts and Estates Lawyer Lands ABA FellowshipYoung Trusts and Estates Lawyer Lands ABA FellowshipTen Things You Should Know About Wisconsin's New Trust CodeMax Alavi, Attorney at Law, invited to present Living Trusts & More in Laguna ...Bonnie Kraham: Trusts can keep an estate privateInvestec and Ors v Glenalla and Ors - Court of Appeal judgement 27 June 2014Trust law set to be reformed for 21st centuryGlaister Ennor | Makeover for trust law proposedDelaware Observes Right to Inherit Digital AccountsDelaware Observes Right to Inherit Digital AccountsScaringi & Scaringi, Century Engineering and others announce new hires and ...It's The Law: Living trustsPower of Appointment Causes Bankruptcy Estate Inclusion in BehanTax Law Update: September 2014

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Bonnie Kraham: Tips on family inheritances
Times Herald-RecordAugust 7, 2014

One child may make more money, another may need more for schooling or special needs or the parents may have made unequal gifts. A variety of ... If you use a trust, the disinherited child does not receive any legal notice when you die. No parent wants ...more »

Steven Anderson: What you need to know about trusts
Reno Gazette JournalAugust 9, 2014

A trust is a legal entity authorized by law. There are two basic categories: a living or inter vivos trust is created during your lifetime and a testamentary trust is established after death. The terms of a trust are many and limited only by your ...more »

Revocable & Irrevocable Trusts. News and Stories

Mow-Down in Motown
Wall Street JournalAugust 31, 2014

Federal Judge Steven Rhodes will begin hearings Tuesday to determine whether Detroit's readjustment plan fulfills the legal and fiscal requirements to exit Chapter 9 bankruptcy. The trial may ... to repay its lenders. The legal terms for this are fraud...more »

Young Trusts and Estates Lawyer Lands ABA Fellowship
Connecticut Law TribuneAugust 29, 2014

The 32-year-old Dungey attended Boston College Law School, did a summer internship with Withers Bergman in 2008 and has been practicing at the firm for five years. Among other things, her practice focuses on transfer tax planning and trust and estate ...more »

Young Trusts and Estates Lawyer Lands ABA Fellowship
Connecticut Law TribuneAugust 29, 2014

Dungey, an associate at the Greenwich office of international firm law Withers Bergman, is one of five attorneys recently named as fellows for the Real Property, Trust and Estate Law Section of the American Bar Association. The announcement coincided ...more »

Ten Things You Should Know About Wisconsin's New Trust Code
Mondaq News Alerts (registration)August 28, 2014

With an effective date of July 1, 2014, the WTC fundamentally changes the law that governs Wisconsin trusts, both trusts that existed before and are created after July 1, 2014. With its adoption of ... The WTC does not change the fact that trusts will ...more »

Max Alavi, Attorney at Law, invited to present Living Trusts & More in Laguna ...
PR Leap (press release)August 28, 2014

(PRLEAP.COM) August 28, 2014 - Newport Beach, California, August 20, 2014 – Max Alavi, Attorney at Law and Partner at Alavi & Broyles, has been invited to be one of the few presenters at the highly acclaimed and very popular series of Estate Planning ...more »

Bonnie Kraham: Trusts can keep an estate private
Times Herald-RecordAugust 28, 2014

Another $500,000 is set aside for his mother's care. Reed's wife and sister split the ... 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.more »

Investec and Ors v Glenalla and Ors - Court of Appeal judgement 27 June 2014
Lexology (registration)August 26, 2014

Article 32 of the Jersey Trust Law limits a trustee's liability to third parties in the circumstances where it is clear that a trustee is acting qua trustee. This acts to limit the trustee's liability to the trust property (although it should be noted ...more »

Trust law set to be reformed for 21st century
Herald ScotlandAugust 26, 2014

The body, which advises on legal reform, believes existing legislation, last reviewed in the 1920s, is unfit for purpose to regulate the more than £500 billion held in trust north of the border. Its proposed tidying up of the law - packaging it in a ...more »

Glaister Ennor | Makeover for trust law proposed
Linex Legal (press release) (registration)August 26, 2014

The Law Commission considers a new framework is needed to provide a clearer and more robust approach for trusts in the 21st Century. It is undertaking a three part review of trust law in New Zealand and presented the first report to Parliament on 11 ...more »

Delaware Observes Right to Inherit Digital Accounts
The National Law Journal (registration)August 25, 2014

Delaware this month became the first state to pass a law governing heirs' rights to digital and social-media accounts. Trisha Hall, an ... Delaware law. It's really for cases where the fiduciary doesn't know the [deceased person's] login and password ...more »

Delaware Observes Right to Inherit Digital Accounts
The National Law Journal (registration)August 25, 2014

Also, someone outside Delaware could set up a trust with a Delaware trustee and transfer digital assets to it and be covered under the Delaware law. It's really for cases where the fiduciary doesn't know the [deceased person's] login and password ...more »

Scaringi & Scaringi, Century Engineering and others announce new hires and ...
The Patriot-NewsAugust 25, 2014

Erin K. Komada, an attorney has joined the Harrisburg-based law firm Scaringi & Scaringi P.C. in Susquehanna Twp. Komada has clerked for the Court of Common Pleas in Dauphin and Cumberland counties. ... Dice – Environmental Law, Litigation ...more »

It's The Law: Living trusts
Naples Daily NewsAugust 25, 2014

A living trust does not avoid estate taxes or reduce them. Drafting options to avoid or reduce estate taxes are available, but the same options are generally available for wills. Many people think a revocable trust will protect assets against creditor ...more »

Power of Appointment Causes Bankruptcy Estate Inclusion in Behan
ForbesAugust 23, 2014

But worse, in 2005, Congress amended Bankruptcy Code 548(e) to create a 10-year Statute of Limitations for challenges to “self-settled trusts and similar devices” and which law was aimed specifically at DAPTs. It is frankly a wonder that anybody with ...more »

Tax Law Update: September 2014
WealthManagement.comAugust 22, 2014

Under the Treasury regulations, an individual or his executor may allocate the individual's GST tax exemption at any time from the date of transfer until the date a federal estate tax return is due (or would be due). Under IRC Section 2632(e)(1), any ...more »

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