Revocable & Irrevocable Trusts. Legal news and articles for May 19 - 23, 2017

Updates on Trust RegulationsPillsbury's Ex-Silicon Valley Leader Lands at ThoitsReminder: N-PCL and EPTL Amendments To Go Into Effect May 27, 2017Longtime attorney Henry Will wins CLE awardEstate Planning: Cut-Rate Online CounselBeddoe Relief Where A Third Party Claim May Exhaust Trust AssetsTrust rules must be understood and appliedStuart Tinley Law Firm LLPNew Hire: Michael G. Reilly Joins Stuart Tinley Law Firm LLP7 Factors To Consider When Picking A Law Firm To Work ForAttorney joins Stowe law firmIs a trust valid in all states? | Biz BrainNot Johnny Depp? You Still May Need Asset ProtectionStrategic focus on high-quality regulation continues to yield dividendsDrew, HSF among biggest winners at SE Asia Law Awards 2017

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Malta scandal exposes New Zealand trusts again
Stuff.co.nzApril 27, 2017

The latest revelations, if substantiated, are an embarrassment for the New Zealand government, which announced an inquiry into its offshore trust laws on April 11 last year, the day after the Financial Review revealed details of how Panama law firm ...more »

Subject access request may be used to obtain information for purposes of litigation
Lexology (registration)May 3, 2017

The Court of Appeal has recently ordered an English law firm which acted for trusts governed by Bahamian law to comply with a subject access request made by certain trust beneficiaries under section 7 of the Data Protection Act 1998: Dawson-Damer v ...more »

Revocable & Irrevocable Trusts. News and Stories

Updates on Trust Regulations
Lexology (registration)May 23, 2017

We inform you that Law 21 of May 10th, 2017 establishes dispositions for the regulation and supervision of trustees and the trust business and issues other provisions that modify articles of the Fiscal Code, Law 47 of 2013 which adopts a custodial ...more »

Pillsbury's Ex-Silicon Valley Leader Lands at Thoits
The RecorderMay 23, 2017

Stanford Law School graduates Warren Thoits and Dave Samuels formed Thoits in 1949. (Thoits died in 2009.) Now with 17 lawyers, Thoits specializes in business formation and transactions, litigation, intellectual property, real estate and employment law ...more »

Reminder: N-PCL and EPTL Amendments To Go Into Effect May 27, 2017
JD Supra (press release)May 22, 2017

Last year, we posted about amendments to the New York Not-for-Profit Corporation Law (the “NPCL”) and the New York Estates, Powers and Trusts Law (the “EPTL”) here and here. As we noted, the amendments were signed into law last year and take effect ...more »

Longtime attorney Henry Will wins CLE award
Tulsa WorldMay 22, 2017

While the attorney's main focus was wills and trusts, it also moved into other related legal disciplines involving estate planning for a husband and wife in connection with a business. That meant representing them and helping form professional ...more »

Estate Planning: Cut-Rate Online Counsel
Columbus CEOMay 22, 2017

How much of that growth derives from online wills is hard to say, but lawyers and financial planners see an increasing trend toward online estate planning, even if it doesn't threaten their business today. “I believe a lot of people are ... Online ...more »

Beddoe Relief Where A Third Party Claim May Exhaust Trust Assets
Mondaq News Alerts (registration)May 22, 2017

In these circumstances, the Trustee sought directions under section 48 of the Trusts Law (2011 Revision) to defend the English Proceeding and, if so granted, an indemnity out of the A Trust assets for any costs and expenses properly incurred by the ...more »

Trust rules must be understood and applied
Otago Daily TimesMay 21, 2017

However, there are still some limitations on making these annual distributions contained within both income tax law and trust law. The starting point should always be the trust deed - who are the income beneficiaries and/or capital beneficiaries? How ...more »

Stuart Tinley Law Firm LLP
Omaha World-HeraldMay 21, 2017

Reilly attended Creighton University where he received his B.S. degree in Business Administration in 1979, and his J.D. degree in 1981. He and his wife Julie have been residents of Council Bluffs since 1981 and have three children, Danny, Tara and Joe, ...more »

New Hire: Michael G. Reilly Joins Stuart Tinley Law Firm LLP
The Daily NonpareilMay 21, 2017

in personal injury, insurance defense, wrongful death, workers' compensation, medical malpractice, product liability, employment claims, estates/trusts/wills, real estate, municipal law, and the defense of law enforcement officials relative to ...more »

7 Factors To Consider When Picking A Law Firm To Work For
Above the LawMay 19, 2017

Some groups generally have a steadier and more predictable flow of work (litigation or trusts and estates, for example), whereas others have a very unpredictable workflow (most corporate practices, and in particular, M&A). Certain practice areas also ...more »

Attorney joins Stowe law firm
Stowe TodayMay 19, 2017

... at a local law firm where she focused on estate and trust planning and administration. She lives in Stowe with her husband and two children. Horsley Lajoie Goldfine LLC is a full-service law firm, specializing in business formation and advisement ...more »

Is a trust valid in all states? | Biz Brain
NJ.comMay 19, 2017

The short answer is that Trusts are "good" in all 50 states -- in the sense that the beneficiaries can be in any state or move to any state, as can the trustee, said Nancy Heslin Reading, an estate planning attorney with Reading Law Firm in Newton ...more »

Not Johnny Depp? You Still May Need Asset Protection
NasdaqMay 19, 2017

A pair of multimillion-dollar lawsuits involving Johnny Depp's assets and their protection, or lack thereof, has brought to light the importance of having a strong estate plan with asset protection built in. With 15 million lawsuits filed annually in ...more »

Strategic focus on high-quality regulation continues to yield dividends
Lexology (registration)May 19, 2017

On that final point, amendments to the trusts law are expected soon. Further, it is hoped that the remaining elements of the new charities law will be introduced in due course. While it can be discouraging to see bad reports of the offshore world in ...more »

Drew, HSF among biggest winners at SE Asia Law Awards 2017
Legal Business OnlineMay 19, 2017

Singapore Big Four firm Drew & Napier won four awards at the ALB SE Asia Law Awards 2017, including the coveted Southeast Asia Law Firm of the Year trophy, while Herbert Smith Freehills' haul of three included Singapore Managing Partner of the Year ...more »

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