Revocable & Irrevocable Trusts. Legal news and articles for March 26 - 30, 2014

Courts reformAfter years of probes, SEC fraud trial over Texas tycoons to startThe ABCs of an A/B trustKatherine Garrett-Cox: 'The US has the most interesting companies'Resolving legal and financial aspects of a loved one's estateThe Argot of Trusts, as Told in AcronymsGeneral Growth heiress, family lawyers reach deal in trust suitThe Frutkin Law Firm Named Best Estate Planning & Trust Administration Law...The Frutkin Law Firm Named Best Estate Planning & Trust Administration Law...Documenting Governmental Plan Investments In Group Trusts To Satisfy The ...Law Firm of Wohl & Fruchter Investigating Potential Claims of Unitholders of ...Law Firm of Wohl & Fruchter Investigating Potential Claims of Unitholders of ...Bradley J. Frigon Inducted Into American College of Trust and Estate Council ...Bradley J. Frigon Inducted Into American College of Trust and Estate Council ...A fix for paragraph 85(1)(f) of the Family Law Act?

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Chinese Investors Call for More Transparency in Trust Products
BusinessweekMarch 24, 2014

The CBRC rules lack guidelines on how trust companies should act as prudent trustees and sufficient investor protections, according to Ni, the Shanghai-based legal expert. “The only regulation we have now is the CBRC's rules,” said Ni. “But since CBRC ...more »

It's The Law: Irrevocable trust might be revocable
MarconewsMarch 23, 2014

In either case, proper drafting can make the trust irrevocable and may even place the trust beyond ability of a court to modify. Draftsmanship is critical, as Florida statutes and common law allow modification of irrevocable trusts under special ...more »

Revocable & Irrevocable Trusts. News and Stories

Courts reform
Law GazetteMarch 30, 2014

Reducing the caseload burdens from the High Court has also enabled us to make changes so its expertise can be used to hear some specialist proceedings, including applications to vary trusts and reduction in capital cases, which will no longer be heard ...more »

After years of probes, SEC fraud trial over Texas tycoons to start
ReutersMarch 30, 2014

The trusts also became the subject of a federal grand jury probe, regulatory filings state, and was the focus of a 2006 report by the U.S. Senate Permanent Subcommittee on Investigations about tax havens. No criminal case emerged. But the SEC finally ...more »

The ABCs of an A/B trust
Sonoma Valley SunMarch 30, 2014

On January 1, 2013 the estate tax law was reformed and the amount a person may pass to their loved ones free of estate tax was increased to $5,250,000, with an automatic inflation adjustment. In addition, a surviving spouse can take a deceased spouse's ...more »

Katherine Garrett-Cox: 'The US has the most interesting companies'
Telegraph.co.ukMarch 28, 2014

Mr Bamford tipped Law Debenture investment trust, launched in 1889 and managed by Henderson Global Investors. It has 77pc of the portfolio in British companies and has been consistently traded at a premium. Mr Willis liked the £1.4bn Witan investment ...more »

Resolving legal and financial aspects of a loved one's estate
Heritage Florida Jewish NewsMarch 28, 2014

Probate is a court-supervised process for identifying your loved one's assets, paying taxes, creditors, and expenses, and distributing the property to beneficiaries. ... If no will exists, then the court appoints a personal representative as directed ...more »

The Argot of Trusts, as Told in Acronyms
New York TimesMarch 28, 2014

“I know a lot of very sophisticated people who are intimidated by these very same acronyms,” said Daniel D. Mielnicki, head of wealth preservation at Berger Singerman, a Florida law firm. And that feeling, Mr. ... Yet their very complexity means they ...more »

General Growth heiress, family lawyers reach deal in trust suit
Chicago TribuneMarch 27, 2014

Nearly five years after General Growth heiress Mary Bucksbaum Scanlan sued the prominent family's longtime lawyers for mishandling her trust fund after the mall operator veered into bankruptcy, the parties have reached an agreement to settle the case ...more »

The Frutkin Law Firm Named Best Estate Planning & Trust Administration Law...
SYS-CON Media (press release)March 27, 2014

PHOENIX, March 27, 2014 /PRNewswire-iReach/ -- Arizona Foothills Magazine, the premier lifestyle magazine for the prestigious foothills communities of Arizona, has named The Frutkin Law Firm, PLC as the Best Estate Planning & Trust Administration Law ...more »

The Frutkin Law Firm Named Best Estate Planning & Trust Administration Law...
DigitalJournal.comMarch 27, 2014

PHOENIX, March 27, 2014 /PRNewswire-iReach/ -- Arizona Foothills Magazine, the premier lifestyle magazine for the prestigious foothills communities of Arizona, has named The Frutkin Law Firm, PLC as the Best Estate Planning & Trust Administration Law ...more »

Documenting Governmental Plan Investments In Group Trusts To Satisfy The ...
Mondaq News Alerts (registration)March 27, 2014

The legal underpinning for group trust investments is Revenue Ruling 81-100, as amended by Revenue Ruling 2004-67 and Revenue Ruling 2011-1.1 These revenue rulings specify the requirements for a group trust to remain tax-exempt under the Internal ...more »

Law Firm of Wohl & Fruchter Investigating Potential Claims of Unitholders of ...
Wall Street JournalMarch 27, 2014

The law firm of Wohl & Fruchter LLP has commenced an investigation into potential claims of unitholders of SandRidge Mississippian Trust I (Trust I) (NSYE:SDT) and SandRidge Mississippian Trust II (Trust II) (NSYE:SDR) against SandRidge Energy, Inc.more »

Law Firm of Wohl & Fruchter Investigating Potential Claims of Unitholders of ...
Business Wire (press release)March 27, 2014

Under the terms of the conveyances pursuant to which the royalty interests were granted to the Trusts, SandRidge is obligated to act as a reasonably prudent operator, and thus operate the Trust Wells in the same manner as it would operate its own ...more »

Bradley J. Frigon Inducted Into American College of Trust and Estate Council ...
Insurance News Net (press release)March 27, 2014

The Law Offices of Bradley J. Frigon is proud to announce its principal attorney, Bradley Frigon, as an inductee into the American College of Trust and Estate Council. Frigon, in addition to being an experienced Certified Elder Law Attorney, works as ...more »

Bradley J. Frigon Inducted Into American College of Trust and Estate Council ...
PR Web (press release)March 27, 2014

The Law Offices of Bradley J. Frigon - Colorado Elder Law Attorney, Special Needs, Estate Tax Planning. Denver, CO (PRWEB) March 26, 2014. The Law Offices of Bradley J. Frigon is proud to announce its principal attorney, Bradley Frigon, as an inductee ...more »

A fix for paragraph 85(1)(f) of the Family Law Act?
Lexology (registration)March 26, 2014

British Columbia practitioners were shocked by paragraph 85(1)(f) of the Family Law Act (British Columbia), which was brought into force on March 18, 2013, because it effectively presumes that property held by a discretionary trust is 100% owned by a ...more »

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