Revocable & Irrevocable Trusts. Legal news and articles for October 30 - 31, 2014

Business Brief: Washington Township resident Anthony La Ratta appointed to ...The Ethical Will, an Ancient Concept, Is Revamped for the Tech AgeA History of American Monopolists: Being a Good Corporate CitizenCredit Shelter Trusts Remain Important to Estate PlansThe Coach And His Champion: John Wooden struggles after losing his wifeOmega Healthcare strikes $3 billion stock deal for Chicago trust AvivMorning Agenda: Citigroup's About-FaceOn the MoveDenver Attorney Sentenced For Conspiracy To Defraud USREIT scandal could be good test for Sarbanes-OxleyAn Overview Of The Creation And Use Of Jersey Law TrustsCarey Olsen | An Overview of the Creation and Use of Jersey Law TrustsBusiness spotlight: West Valley law firmCareer newsBallot harvesting: Where's the scandal here?

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Death & Taxes: Bloomberg BNA's 2014 Trust Nexus Survey Reveals Significant ...
Bloomberg BNAOctober 7, 2014

Double taxation of trust income is a very real problem. The issue arises because trusts are subject to state income taxes on their entire income when they are classified as resident trusts under a taxing state's law. Each state has its own definition ...more »

What in the world is a 'gun trust' and why might I want one?
WRAL Tech WireOctober 15, 2014

It also can provide rules regarding transfer and use of firearms owned through the trust to prevent the Trustee from inadvertently violating the law. The trust terms also can provide a succession plan upon the Trustee's death or incapacity. If ...more »

Revocable & Irrevocable Trusts. News and Stories

Business Brief: Washington Township resident Anthony La Ratta appointed to ...
The Star-LedgerOctober 31, 2014

The Supreme Court of New Jersey has appointed Anthony R. La Ratta, Partner with the law firm of Archer & Greiner P.C., to the Court's District IV Ethics Committee, which handles complaints regarding attorney ethics in Camden and Gloucester Counties.more »

The Ethical Will, an Ancient Concept, Is Revamped for the Tech Age
New York TimesOctober 31, 2014

These wills lay out life lessons and moral philosophies, agreed Laura Zwicker, chairwoman of the Los Angeles law firm Greenberg Glusker's trusts and estates group. They may explain how the family money was made, she said, so that future generations can ...more »

A History of American Monopolists: Being a Good Corporate Citizen
The Legal IntelligencerOctober 31, 2014

He was later attorney general under President Teddy Roosevelt and played a prominent role in the trust-busting of J.P. Morgan and others, discussed in the first article in this series, published Sept. 8 in The Legal, "A History of American Monopolists ...more »

Credit Shelter Trusts Remain Important to Estate Plans
Insurance News NetOctober 31, 2014

Initially set to expire at the end of 2012, it was made permanent by the American Taxpayer Relief Act of 2012. The purpose of portability was to simplify estate planning for married couples with small to midsize estates. When estate and gift tax...more »

The Coach And His Champion: John Wooden struggles after losing his wife
SI.comOctober 31, 2014

He gives the speeches, usually on his Pyramid of Success -- a homespun collection of life principles -- because, if you riffle back through the Norman Rockwell scenes of their life together, back to high school in Martinsville, Ind., you'll see it was ...more »

Omega Healthcare strikes $3 billion stock deal for Chicago trust Aviv
Baltimore SunOctober 31, 2014

Omega Healthcare Investors Inc. could become a $10 billion company after the Hunt Valley real estate trust that owns skilled nursing and assisted-living facilities announced a deal Friday to acquire Chicago-based Aviv REIT Inc. The companies struck a ...more »

Morning Agenda: Citigroup's About-Face
New York TimesOctober 31, 2014

JUDGE APPROVES STOCKTON'S BANKRUPTCY PLAN | In a closely watched case, a judge on Thursday confirmed a plan by Stockton, Calif., to exit bankruptcy, rejecting arguments that it unfairly discriminated among creditors by cutting a mutual fund's ... Data ...more »

On the Move
New York Law Journal (registration)October 31, 2014

King & Spalding has hired banking and finance lawyer Michael Urschel as counsel in its financial institutions practice in New York and Atlanta. Urschel practiced briefly at Latham & Watkins and spent most of his career at Paul, Weiss, Rifkind, Wharton ...more »

Denver Attorney Sentenced For Conspiracy To Defraud US
Law Week ColoradoOctober 30, 2014

Laurence pleaded guilty to attempting to obstruct the administration of internal revenue laws on Feb. 6, and was sentenced by Judge Kane on Sept. ... FFA promoted the use of so-called Constitutional Pure Trust Organizations as a part of various schemes ...more »

REIT scandal could be good test for Sarbanes-Oxley
Reuters Blogs (blog)October 30, 2014

A scandal at one of America's biggest real-estate investment trusts could be the perfect test for the Sarbanes-Oxley Act. American Realty Capital Properties' stock tanked nearly 20 percent on Wednesday after the company said mistakes in its financial ...more »

An Overview Of The Creation And Use Of Jersey Law Trusts
Mondaq News Alerts (registration)October 30, 2014

It is possible for Jersey law trusts to be established partly or wholly for non-charitable purposes. Purpose trusts can be used in corporate transactions to hold underlying assets 'off balance sheet'. More commonly in a private wealth context such ...more »

Carey Olsen | An Overview of the Creation and Use of Jersey Law Trusts
Linex Legal (press release) (registration)October 30, 2014

It is possible for Jersey law trusts to be established partly or wholly for non-charitable purposes. Purpose trusts can be used in corporate transactions to hold underlying assets 'off balance sheet'. More commonly in a private wealth context such ...more »

Business spotlight: West Valley law firm
azcentral.comOctober 30, 2014

Clients hire us because we are intimately familiar with the legal and business issues they face, such as real-estate and corporate transaction, estate planning and commercial litigation. We have the experience and resources of a big firm, while ...more »

Career news
BurlingtonFreePress.comOctober 30, 2014

Ritchie Berger, W. Scott Fewell, and Karen McAndrew were selected for business litigation. Jeffrey Nolan was selected for employment and labor law. Mark Langan was selected for estate planning and probate. Linda Cohen was selected for health care law.more »

Ballot harvesting: Where's the scandal here?
Arizona RepublicOctober 30, 2014

If the voter hasn't or probably won't vote the preferred way, the volunteer says "have a nice day" and lets the voter take his or her own ballot to the mailbox. Doesn't it come down to who the voter trusts? Some people talk to a brother-in-law who is ...more »

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