Revocable & Irrevocable Trusts. Legal news and articles for May 26 - 31, 2015

Proceedings | Highlights from the Law BlogWashington-area appointments and promotions for June 1The Basis for Cyprus Trust Popularity for Asset ProtectionFor the record: British Virgin Islands Trustee (Amendment) Act 2015Minister puts trust law reform on agendaMinister puts trust law reform on agendaNHS trusts could face corporate manslaughter chargesTax Law Update: June 2015For the record: British Virgin Islands Trustee (Amendment) Act 2015Sprott Formally Launches Offers to Central GoldTrust and Silver Bullion Trust...Will New York State join the list of directed trust states?NFL Vote Better Allows Jim Irsay to Keep Colts in FamilyThe right's dangerous anti-Obama deception: Why attempts to paint him as anti ...Doylestown law firm to expandElder Abuse A 'Huge, Expensive And Lethal' Problem For States

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Bush: Process worked in Baltimore
Winston-Salem JournalMay 2, 2015

Jeb Bush said Friday that he trusts the legal process that resulted in charges against six Baltimore officers in the death of a man from injuries sustained while in police custody. But a president, said the likely 2016 Republican candidate, could do ...more »

Judge to rule in two weeks on which court will try Benson trust case
San Antonio Express-News (subscription)May 21, 2015

Lawyers for both sides repeated and elaborated on arguments already filed with the court in briefs that are based on jurisdiction case law. Stahl asserted that when Tom Benson moved the Shirley Benson trust case to federal court, “he de facto made the ...more »

Revocable & Irrevocable Trusts. News and Stories

Proceedings | Highlights from the Law Blog
Wall Street JournalMay 31, 2015

It's a question raised by a lawsuit recently filed in Cook County circuit court over an allegedly “defective” McNugget. A Cook County, Ill., man alleges that sharp bone shards inside a McNugget he ate caused him “severe injury,” faulting McDonald's for ...more »

Washington-area appointments and promotions for June 1
Washington PostMay 31, 2015

CenturyLink Government of the District appointed Cynthia Shelton area vice president for special program sales. Dewberry of Fairfax appointed James Bennett associate vice president. Edgeworth Economics of the District appointed Stephen Bronars partner.more »

The Basis for Cyprus Trust Popularity for Asset Protection
The National Law ReviewMay 30, 2015

CIT law provides the settlor with a high degree of protection from claims by future creditors. A CIT is deemed validly created if the settlor is of sound mind and of full age. The settlor also has the right to reserve powers in a trust protector, who ...more »

For the record: British Virgin Islands Trustee (Amendment) Act 2015
Lexology (registration)May 29, 2015

On March 30 2015 the BVI Trustee (Amendment) Act introduced new obligations for trustees to maintain trust records into the BVI Trustee Ordinance. The new section is not groundbreaking, but the penalties for non-compliance are punitive and trustees ...more »

Minister puts trust law reform on agenda
VoxyMay 29, 2015

Some of New Zealand's top experts on trusts are contributing their knowledge and experience to assist the Government's reform of trust law, Justice Minister Amy Adams has announced. Ms Adams yesterday chaired the first meeting of the Trusts Reference ...more »

Minister puts trust law reform on agenda
Scoop.co.nz (press release)May 29, 2015

Some of New Zealand's top experts on trusts are contributing their knowledge and experience to assist the Government's reform of trust law, Justice Minister Amy Adams has announced. Ms Adams yesterday chaired the first meeting of the Trusts Reference ...more »

NHS trusts could face corporate manslaughter charges
The Global Legal PostMay 28, 2015

Julia Morrill, head of Lester Morrill's clinical negligence department, said: 'Like all organisations, senior management at NHS Trusts need to be held accountable for their actions. Although removed from directly treating patients, their decisions and ...more »

Tax Law Update: June 2015
WealthManagement.comMay 27, 2015

District court holds that ex-spouse beneficiary is obligated to pay share of tax related to insurance under Internal Revenue Code Section 2206—In Smoot v. Smoot, a case in the U.S. District Court for the Southern District of Georgia (March 31, 2015 ...more »

For the record: British Virgin Islands Trustee (Amendment) Act 2015
International Law Office (registration)May 27, 2015

On March 30 2015 the BVI Trustee (Amendment) Act introduced new obligations for trustees to maintain trust records into the BVI Trustee Ordinance. The new section is not groundbreaking, but the penalties for non-compliance are punitive and trustees ...more »

Sprott Formally Launches Offers to Central GoldTrust and Silver Bullion Trust...
CNNMoneyMay 27, 2015

Stikeman Elliott LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP are acting as legal advisors to Sprott and the Sprott Physical Trusts. Kingsdale Shareholder Services is acting as information agent and depositary to Sprott and the Sprott Physical ...more »

Will New York State join the list of directed trust states?
Lexology (registration)May 27, 2015

The New York State legislature is considering becoming a directed trust state. In a directed trust, the trustee is allowed to act under the advice or direction of someone else, an advisor or protector, who could make decisions regarding investments ...more »

NFL Vote Better Allows Jim Irsay to Keep Colts in Family
Horseshoe HeroesMay 26, 2015

“Under tax law, trusts can shield the heirs of the wealthy from a sizable portion of inheritance taxes that otherwise would be due.” “The move carries great benefits for team owners and their families because these types of trusts significantly reduce ...more »

The right's dangerous anti-Obama deception: Why attempts to paint him as anti ...
SalonMay 26, 2015

[Obama] is the most Jewish president we've ever had (except for Rutherford B. Hayes). No president, not even Bill Clinton, has traveled so widely in Jewish circles, been taught by so many Jewish law professors, and had so many Jewish mentors ...more »

Doylestown law firm to expand
The IntelligencerMay 26, 2015

Founders and partners of the Doylestown law firm Antheil Maslow & MacMinn recently broke ground to expand the firm's West State Street offices. The two-story addition will include more space for the firm and a large event/conference room for ...more »

Elder Abuse A 'Huge, Expensive And Lethal' Problem For States
Huffington PostMay 26, 2015

A total of 29 states plus the District of Columbia considered legislation in 2013 to crack down on financial crimes against the elderly, according to the National Conference of State Legislatures (NCSL). Eighteen laws and resolutions were adopted ...more »

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