Revocable & Irrevocable Trusts. Legal news and articles for July 28 - 31, 2016

Water crisis, son drive Maughan of SanibelPeople in Business 7.31.16Charitable Lead Trusts Can Save Transfer TaxesLittle is known about cost of Burgum-Stenehjem contestTurkey's anti-Gulen crackdown ripples far and wideTo 'rule from the grave,' establish an IRA trustTurkey's Anti-Gulen Crackdown Ripples Far and WideCreating a "GRAT": Heads You Win, Tails You Break EvenTurkey's anti-Gulen crackdown ripples far and wideTrusts Must Be Funded ProperlyWanting Qu, pop star girlfriend of Vancouver mayor, says she trusts Chinese justice as mother faces possible executionWisconsin Supreme Court Upholds Professional Liability 'Business Enterprise Exclusion'The Latest: Retired general back Clinton, says he trusts herThe Latest: Retired general back Clinton, says he trusts herMajor global partnership to speed antibiotic development launched

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Tech after death: Checking in on Delaware's digital assets law
Technical.ly BrooklynJuly 13, 2016

Then the focus shifted from estate administration to data access and privacy. Months went by, companies like Google and Facebook took notice and got upset because they decided this new law violated their privacy laws. So NetChoice, an ecommerce trade ...more »

A Trump-Flynn Matchup Could Be Complicated by Party Politics
ABC NewsJuly 12, 2016

Lt. Gen. Michael Flynn's tenure as director of the Defense Intelligence Agency came to an abrupt end just as the U.S. was reluctantly pulled back into war in Iraq because of the Islamic State group's brutal blitzkrieg across the country. The Pentagon ...more »

Revocable & Irrevocable Trusts. News and Stories

Water crisis, son drive Maughan of Sanibel
The News-PressJuly 31, 2016

Education: Gonzaga University, doctorate in law; master's degree, European Union law, from University College, Dublin; and Stetson University, bachelor's degree in political science. Family: Wife, Babs; son, Ronan Patrick, who's entering fourth grade.more »

People in Business 7.31.16
Times RecordJuly 31, 2016

His practice involves corporate formations and structuring, state and federal tax controversy, and several other areas of the law. Among his achievements, Brockett authored Chapter 19 of the Arkansas Probate and Estate Administration Handbook for the ...more »

Charitable Lead Trusts Can Save Transfer Taxes
The National Law ReviewJuly 31, 2016

A charitable lead trust (CLT) pays an annuity to one or more charities of your choice for a specified number of years or for the life of an individual. At the end of the term, the remaining assets in the trust (and any appreciation thereon) pass to one ...more »

Little is known about cost of Burgum-Stenehjem contest
INFORUMJuly 31, 2016

Broadcast TV ads in that period alone totaled at least $799,000, according to data from the Federal Communications Commission. Between May 5 and Election Day, only contributions of $500 or more need be reported immediately; the law says within 48 ...more »

Turkey's anti-Gulen crackdown ripples far and wide
Business InsiderJuly 31, 2016

MOGADISHU (Reuters) - Barely 12 hours after a failed coup in Turkey, Somalia's cabinet met in Mogadishu to consider a request from Ankara to shut down two schools and a hospital linked to Fethullah Gulen, the Muslim cleric Turkey blames for the ...more »

To 'rule from the grave,' establish an IRA trust
News & Observer (blog)July 30, 2016

A non-spouse inherited IRA is not protected in bankruptcy under federal law and may be subject to the claims of the beneficiary's creditors. Assets in a standalone IRA trust are protected by trust law and assets will be protected from creditors. The ...more »

Turkey's Anti-Gulen Crackdown Ripples Far and Wide
FortuneJuly 30, 2016

They will be governed by Indonesian law.” In Kenya, Gulen-backed schools in Nairobi and the port cities of Mombasa and Malindi have an overwhelmingly Kenyan staff and offer classes that conform to the British curriculum – a big draw for government ...more »

Creating a "GRAT": Heads You Win, Tails You Break Even
The National Law ReviewJuly 30, 2016

If you die prior to the end of the annuity period, the annuity will continue to be paid to your estate and the value of the assets in the GRAT at your death will be included in your gross estate for estate tax purposes. Your estate will receive credit ...more »

Turkey's anti-Gulen crackdown ripples far and wide
Thomson Reuters FoundationJuly 30, 2016

They will be governed by Indonesian law." In Kenya, Gulen-backed schools in Nairobi and the port ... "They have seized trusts to those giving us assistance and their businesses are not doing very well." (Additional reporting by Neha Wadekar, Duncan ...more »

Trusts Must Be Funded Properly
Cape May County HeraldJuly 29, 2016

Quite often a revocable living trust will fail because individuals do not understand the importance of changing ownership of assets to the trust. In most cases that means the unnecessary expense of a probate proceeding that could have been avoided.more »

Wanting Qu, pop star girlfriend of Vancouver mayor, says she trusts Chinese justice as mother faces possible execution
South China Morning PostJuly 29, 2016

Qu concluded by saying: “I trust the court and the law... Once again, I sincerely thank all of you for encouraging me in this period of time. Thank you!” She signed off with a prayer emoji. Qu has previously paid tribute to her mother in song, last ...more »

Wisconsin Supreme Court Upholds Professional Liability 'Business Enterprise Exclusion'
Insurance JournalJuly 29, 2016

The allegations of fraud and mismanagement stem from Marks' “investment activities and roles as an officer and executive in various holding companies and other entities in which the trust assets were invested,” according to the law firm DLA Piper ...more »

The Latest: Retired general back Clinton, says he trusts her
news9.com KWTVJuly 29, 2016

Pence drew the ire of abortion rights advocates in March after he signed a law banning abortions that were being sought because of fetal genetic defects. That law has since been blocked pending the outcome of a court challenge. Pence says Trump would ...more »

The Latest: Retired general back Clinton, says he trusts her
AZFamilyJuly 29, 2016

Donald Trump has a message for President Barack Obama: You're not "living in the real world." That's his take on Obama's speech at the Democratic National Convention on Wednesday night. Trump says, with sarcasm, that the president was describing "his ...more »

Major global partnership to speed antibiotic development launched
Washington PostJuly 28, 2016

The undertaking includes two agencies within the U.S. Health and Human Services Department that focus on biomedical research and Britain's Wellcome Trust, a London-based global biomedical research charity. It also includes academic, industry ... CARB-X ...more »

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