Revocable & Irrevocable Trusts. Legal news and articles for May 21 - 31, 2014

Foreign Asset Protection Trust Scores A Victory In BellingerNorth Carolina could be fourth state to pass asbestos transparency lawsNorth Carolina could be fourth state to pass asbestos transparency lawsJudge in blind trust case questions if right state agency was suedGov. Rick Scott's blind trust safe for now; judge sees no emergency in lawsuitBlind trust suit may target wrong agency, judge saysObama administration proposes race-based legal system in HawaiiHeir tight: The do's and don'ts of reliable trustsTrust association launched in Czech RepublicJustices Hand Blind Trusts Lawsuit to Circuit CourtFlorida Supreme Court sends blind trust challenge to lower courtEstablishment of trusts in the BahamasRush order not needed in governor's racePlaintiff asks for oral arguments in 'blind trusts' caseFlorida media calls blind trust law 'barrier to access'

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Scarinci Hollenbeck Tax, Trusts & Estates Law Group Receives IAIR Global ...
PR Newswire (press release)May 7, 2014

In March, U.K. based international business magazine CorporateINTL named Scarinci Hollenbeck's Tax Group as "Tax Law Firm of the Year in New Jersey." "These awards are a testament to our dedication in providing a sophisticated and innovative tax ...more »

Florida District Court of Appeal Upholds Trial Court's Determination that ...
The National Law ReviewMay 17, 2014

Bernard funded Constance's trust (the "CLP Trust") with gifts he had made to her over a period of years under the Florida Uniform Transfers to Minors Act. The CLP Trust was created in 1992. Constance was the settlor of the CLP Trust and was co-trustee ...more »

Revocable & Irrevocable Trusts. News and Stories

Foreign Asset Protection Trust Scores A Victory In Bellinger
ForbesMay 31, 2014

Every time a Foreign Asset Protection Trust has ended in the incarceration of the debtor, the cry has gone up that “Bad facts make bad law”. Well, here we see it going the other way, and Creditors can quite rightly drag out that worn-out label and ...more »

North Carolina could be fourth state to pass asbestos transparency laws
Washington ExaminerMay 29, 2014

RALEIGH, N.C. (Legal Newsline) – North Carolina's state Senate is currently sitting on a bill that, if passed, would make the state the fourth in the nation to enact an asbestos bankruptcy trust transparency law, joining Wisconsin, Ohio and Oklahoma ...more »

North Carolina could be fourth state to pass asbestos transparency laws
Legal News LineMay 29, 2014

Senate Bill 648 also addresses proposed amendments to the laws governing products liability actions, which could impact asbestos-related lawsuits alleging product liability and design defects. Sections six and seven of the bill would provide immunity ...more »

Judge in blind trust case questions if right state agency was sued
Naples Daily NewsMay 29, 2014

Apthorp said the blind trusts law violates the Sunshine Amendment, approved by voters in 1976, which calls for elected officials and candidates to “file full and public disclosure of their financial interests.” Gov. Rick Scott, running for re-election ...more »

Gov. Rick Scott's blind trust safe for now; judge sees no emergency in lawsuit
Tampabay.com (blog)May 28, 2014

Circuit Judge John Cooper agreed with Scott's administration Wednesday that no emergency requires him to rule on the constitutionality of the blind trust law before June 16, when the week-long qualifying period begins that requires candidates to ...more »

Blind trust suit may target wrong agency, judge says
Tbo.comMay 28, 2014

Apthorp says the blind trusts law violates the Sunshine Amendment, approved by voters in 1976, which calls for elected officials and candidates to “file full and public disclosure of their financial interests.” Gov. Rick Scott, running for re-election ...more »

Obama administration proposes race-based legal system in Hawaii
Fox NewsMay 28, 2014

President Barack Obama's administration has quietly suggested it is willing to create a two-tier race-based legal system in Hawaii, where one set of taxes, spending and law enforcement will govern one race, and the second set of laws will govern every ...more »

Heir tight: The do's and don'ts of reliable trusts
CNBC.comMay 28, 2014

Whether you're bestowing assets during your lifetime or leaving them as an inheritance, creating trusts with well-thought-out terms can ensure your money lands in the right hands and isn't squandered. Eelnosiva | iStock | Getty Images. "When you write ...more »

Trust association launched in Czech Republic
International AdviserMay 28, 2014

Almost five months after the Czech Republic enacted legislation introducing trusts, a group of trust law experts have come together to establish the Association for Support and Development of Trusts. The body, which is called Asociace pro podporu a ...more »

Justices Hand Blind Trusts Lawsuit to Circuit Court
Sunshine State NewsMay 22, 2014

D'Alemberte wanted the law allowing blind trusts dissolved by the qualifying period. After the case was passed to the circuit court, Apthorp issued a written statement. "We are confident our attorneys and ethics advocates who have joined our case will ...more »

Florida Supreme Court sends blind trust challenge to lower court
MiamiHerald.comMay 22, 2014

TALLAHASSEE -- The Florida Supreme Court on Wednesday sent a lawsuit challenging elected officials' use of blind trusts to a lower court, likely delaying a decision in the politically charged case. The lawsuit challenges the constitutionality of a 2013 ...more »

Establishment of trusts in the Bahamas
International Law OfficeMay 21, 2014

The Bahamas is a common law country and accordingly Bahamian courts recognise trusts and the relationships that they create. The Bahamas is not a signatory to the Hague Convention on the law applicable to trusts and their recognition (January 10 1986), ...more »

Rush order not needed in governor's race
Sun-SentinelMay 21, 2014

But with the blessing of the state Commission on Ethics, the Florida Legislature last year passed a law that lets wealthy politicians place their assets in blind trusts, a mechanism that shields them from knowing how their money is being invested and ...more »

Plaintiff asks for oral arguments in 'blind trusts' case
Tbo.com (blog)May 21, 2014

In a Wednesday motion, Jim Apthorp told the court that live argument would help the justices decide the constitutionality of a state law on blind trusts and other legal questions. Apthorp, a former top aide to the late Gov. Reubin Askew, is challenging ...more »

Florida media calls blind trust law 'barrier to access'
MiamiHerald.com (blog)May 21, 2014

A legal brief filed with the state Supreme Court by more than a dozen news outlets argues that a law allowing elected officials to place assets in blind trusts should be struck down as an "unconstitutional barrier to access." As a result, the news ...more »

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