Revocable & Irrevocable Trusts. Legal news and articles for September 25 - 30, 2015

Application to vary a trust under Trusts (Jersey) Law 1984Appeals court rules NCAA in violation of antitrust lawsQPRT Deemed Revocable And Fails To Protect Home In FerranteCrackdown urged as family trust leakage tops $1bHow Do Trust Distributions Get Taxed?Former Attorney For 1 Of Nation's Largest Mall Real Estate Investment Trusts ...Local lawyer presents to Villanova University School of Law studentsSummary Judgment in the Surrogate's CourtA Legal Introduction to the Spendthrift TrustBiz Buzz for Sept. 28Money Matters: Is an ABLE Act account right for you?Linda Fisher recognized for law workLegal-Ease: Can I trust my trust?Legal-Ease: Can I trust my trust?Senior Living Column: Use an elder law firm to set up trusts, other financial ...

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Law Debenture, Lindsell Train, Sanditon: The 'hidden' value of the best known ...
Investment WeekSeptember 1, 2015

Many investment trusts are attractive enough to warrant the extra work one needs to do to make good investment decisions. And it is important to do the work, as buying what has just performed the best is even more dangerous in trusts than in open-ended ...more »

Trusts more flexible when leaving property in right hands
Poughkeepsie JournalSeptember 5, 2015

While trusts may involve a bit more legal work, they will give you much more flexibility and protection to ensure that your home ends up in the hands of the people you want, when you want. Bernard A. Krooks, Esq., is a founding partner of the law firm ...more »

Revocable & Irrevocable Trusts. News and Stories

Application to vary a trust under Trusts (Jersey) Law 1984
International Law Office (registration)September 30, 2015

Previous case law has found that, for the purposes of Article 47, 'benefit' must be construed widely and is not limited to financial interests. This case demonstrates that tax planning and the management of trust funds may also be considered benefits ...more »

Appeals court rules NCAA in violation of antitrust laws
NBCSports.comSeptember 30, 2015

“We conclude that the district court's [Wilken's] decision was largely correct.” The lone incorrect part? Wilken's ruling about $5,000 trust fund payments. That aspect always struck legal scholars and casual observers alike as odd, given that a federal ...more »

QPRT Deemed Revocable And Fails To Protect Home In Ferrante
ForbesSeptember 30, 2015

One very important truism to understand about creditor-debtor law is that in collection proceedings, creditors can fail numerous times, but only need to succeed once. The flip side of this is of course that debtors must always be perfect in their defense.more »

Crackdown urged as family trust leakage tops $1b
The Australian Financial ReviewSeptember 30, 2015

Dale Boccabella, an associate professor of tax law at the University of NSW, estimates lost revenue associated with the use of family trusts easily exceeds $1 billion a year. He argues the tax treatment of discretionary trusts departs from that of ...more »

How Do Trust Distributions Get Taxed?
Motley FoolSeptember 30, 2015

State law defines whether capital gains are considered as part of income or principal for trust accounting purposes, and so if a trust provides for payments of income only, the beneficiary often has no right to receive any capital gains. In general ...more »

Former Attorney For 1 Of Nation's Largest Mall Real Estate Investment Trusts ...
The ChattanooganSeptember 29, 2015

Husch Blackwell welcomes Wendy M. Proctor to its Chattanooga office, as senior counsel on the firm's Real Estate, Development & Construction team. With a deep working knowledge of real estate law and keen understanding of REITs, Ms. Proctor focuses ...more »

Local lawyer presents to Villanova University School of Law students
The Times HeraldSeptember 28, 2015

RADNOR >> The law firm of Hamburg, Rubin, Mullin, Maxwell and Lupin is pleased to announce that John J. Iannozzi lectured to Villanova University School of Law students regarding the benefits of participating in the Villanova University School of Law...more »

Summary Judgment in the Surrogate's Court
New York Law Journal (registration)September 28, 2015

The thrust of the objections asserted by the daughter were addressed to the fiduciary's failure to sell the real property located in California, which constituted a portion of the principal of the testamentary trust created for her benefit, as well as ...more »

A Legal Introduction to the Spendthrift Trust
Huffington PostSeptember 28, 2015

Ideal language in the trust document would say, in an incomplete limited example only, that the trustee may use funds for the "health, education, maintenance and well-being of the beneficiary in accordance with his/her usual and customary standard of ...more »

Biz Buzz for Sept. 28
Duluth News TribuneSeptember 27, 2015

He also practices in the areas of land use and zoning, mining and minerals, public contracting, general municipal law, environmental law, condemnation, divorce/family law, eminent domain and administrative law. James H. Stewart was selected in the ...more »

Money Matters: Is an ABLE Act account right for you?
News & ObserverSeptember 26, 2015

Look for someone with knowledge about the rules surrounding Medicare/Medicaid benefits and special needs trusts. You have time to do some research to determine if funding an ABLE Act account will be of benefit for your niece since the law was just ...more »

Linda Fisher recognized for law work
Wicked Local SharonSeptember 26, 2015

The National Advocates organization announces that Linda K. Fisher has been selected for inclusion into its wills, trusts and estates law specialty, an honor given to only a select group of lawyers as recognition of their superior skills and ...more »

Legal-Ease: Can I trust my trust?
Lima OhioSeptember 26, 2015

Trusts prepared before 2007 can still be valid, but the new laws allow trusts to be more efficiently administered without confusion or unanswered questions that were a part of the old law and that are still embedded in many older trusts. Also, many of ...more »

Legal-Ease: Can I trust my trust?
LimaOhio.comSeptember 26, 2015

Because a trust is a legal document, it must be prepared by an attorney. Many trusts have been created by local attorneys. However, some trusts were created by out-of-area attorneys, many of whom invited people to come to a “free” steak dinner to learn ...more »

Senior Living Column: Use an elder law firm to set up trusts, other financial ...
Daily PressSeptember 25, 2015

Long before my mother moved to Virginia to live in an independent living facility, she worked with an elder law firm to put her financial affairs in order. Not only had she prepared every document regarding properties and bank accounts, her revocable ...more »

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