Revocable & Irrevocable Trusts. Legal news and articles for February 22 - 27, 2017

UK faces EU push on transparency of trustsWestchester Elder Law Attorney Anthony Enea Explains Why Not All Powers of Attorney Are Created EqualSalisbury Bank and Trust names Justin Markovits VPTrusts Must Be Funded ProperlyLand trusts bring affordable housing to eligible buyersFinancial Fitness: Protect Your AssetsUnited States: Governor Cuomo Approves Amendments To 2013 New York Non-Profit Revitalization Act To Refine ...One last chance to take advantage of offshore trusts?Bonnie Kraham: Commonly used terms for elder law estate planningHow Can Special Needs Trusts and Structured Settlements Fit Together? Andrew Hook ExplainsPlanning for Incapacity and Writing a Will program at the Senior CenterPeople in the News—Feb. 23, 2017—Stradley Ronon Stevens & YoungGovernor seeks to tax land trustsMarcia J. BoydOpinion: Why trusts aren't reducing the conflicts in Trump's cabinet

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Gov. LePage seeks to tax land trusts
Seacoastonline.comFebruary 10, 2017

Romano expects LePage to file a stand-alone bill similar if not identical to the one he filed last year to change state law, which currently gives land trusts tax-exempt status. The bill filed last year would have effectively reversed a 2014 decision ...more »

Trusts as well as foreign trusts operating in the Czech Republic face public registration and tax changes
Lexology (registration)February 13, 2017

The trustee is required to enter the trust in the register without undue delay after settlement. Mandatory registration applies to trusts settled under Czech law, as well as trusts or similar institutions governed by foreign laws but operating in the ...more »

Revocable & Irrevocable Trusts. News and Stories

UK faces EU push on transparency of trusts
Financial TimesFebruary 27, 2017

While trusts were also formally covered by the law, in practice they were largely exempted from registration requirements. The European Commission last year proposed revisiting and toughening the standards, but did not go as far as suggesting the ...more »

Westchester Elder Law Attorney Anthony Enea Explains Why Not All Powers of Attorney Are Created Equal
BenzingaFebruary 27, 2017

On March 16, Westchester elder law attorney Anthony J. Enea of Enea, Scanlan & Sirignano, LLP in White Plains and Somers, N.Y. will address the importance of an effectively drafted power of attorney in an educational program to the Mount Vernon Bar ...more »

Salisbury Bank and Trust names Justin Markovits VP
Times Herald-RecordFebruary 27, 2017

Justin Markovits of Newburgh has joined Salisbury Bank and Trust as vice president, trust officer in the wealth advisory services division. Prior to joining Salisbury Trust, Markovits practiced law as an associate in the trusts and estates department ...more »

Trusts Must Be Funded Properly
Cape May County HeraldFebruary 26, 2017

Robert Poserina and Andrea McHugh focus on Elder Law issues and can help guide you through the legal issues of Medicare/Nursing Home Planning, Estate Planning, Wills, Trusts, Guardianships, Powers of Attorney, Probate, Estate Administration, Estate ...more »

Land trusts bring affordable housing to eligible buyers
Sun SentinelFebruary 24, 2017

LaCourse-Blum and McMaster were part of a panel discussion during a day-long summit on the Community Reinvestment Act, a federal law designed to ensure that low- and middle-income neighborhoods receive fair access to mortgages and other financial ...more »

Financial Fitness: Protect Your Assets
Canton Citizen NewspaperFebruary 24, 2017

... save your home for your family. Attorney Brian Mahoney is in his 34th year of practicing law. His practice includes estate planning, probate, elder law, special needs trusts, and asset protection. Call him at 781-828-0083 or visit www ...more »

United States: Governor Cuomo Approves Amendments To 2013 New York Non-Profit Revitalization Act To Refine ...
Mondaq News Alerts (registration)February 24, 2017

This is also a good opportunity for New York-formed nonprofits to generally review their governance documents to make sure they conform to other provisions of the Not-for-Profit Corporation Law (N-PCL), including requirements in the NPRA that were not ...more »

One last chance to take advantage of offshore trusts?
Law.com (subscription)February 24, 2017

There are estimated to be around 115,000 non-domiciled residents of the UK, and under current law, 'non-doms' enjoy a favoured tax regime in the UK. They are liable to UK tax on UK source income and gains, but can opt for overseas income and gains to ...more »

Bonnie Kraham: Commonly used terms for elder law estate planning
Times Herald-RecordFebruary 23, 2017

Elder law estate planning is an area of law that commonly uses trusts, rather than wills to transfer assets to beneficiaries with the least amount of court costs and legal fees possible, keep assets in the bloodline and protects those assets from ...more »

How Can Special Needs Trusts and Structured Settlements Fit Together? Andrew Hook Explains
Legal Broadcast Network (blog)February 23, 2017

Andrew H. Hook is the president of Hook Law Center, where he practices in the areas of elder law, estate and trust administration, estate, tax, retirement and financial planning, long-term care planning, asset protection planning, special needs ...more »

Planning for Incapacity and Writing a Will program at the Senior Center
Estes Park Trail-GazetteFebruary 23, 2017

Bradley J. Frigon has been practicing law for over 35 years and has extensive experience in estate planning, elder law, protecting assets from long-term care costs, special needs planning, and tax matters. Recognized as a Colorado Super Lawyer, Frigon ...more »

People in the News—Feb. 23, 2017—Stradley Ronon Stevens & Young
The Legal IntelligencerFebruary 23, 2017

With its professional legal staff, complemented by a corps of over 350 volunteer lawyers, paralegals and law students, HAP engages in direct outreach to homeless individuals in need of legal services. Voegele concentrates his practice in the ...more »

Governor seeks to tax land trusts
Seacoastonline.comFebruary 22, 2017

Romano expects the governor to file a stand-alone bill similar if not identical to the one he filed last year to change state law which currently gives land trust tax exempt status. The bill filed last year would have effectively reversed a 2014 ...more »

Marcia J. Boyd
Providence MediaFebruary 22, 2017

A Rhode Island native, Marcia J. Boyd lives in Narragansett and maintains her elder law and estate and trust law practice in Wakefield. Of counsel to the Newport based law firm of Sayer Regan & Thayer, LLP, she is able to offer the support and breadth ...more »

Opinion: Why trusts aren't reducing the conflicts in Trump's cabinet
MarketWatchFebruary 22, 2017

The question rests on a technical interpretation in a murky corner of trust law. The answer will depend on whether executive-branch employees are subject to criminal conflicts of interest for the mere “expectancy” of a trust distribution that the ...more »

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