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Adobe PDFPennsylvania’s Revised Power of Attorney Act: Major Changes May Not Necessitate Revising Your Power of Attorney
Warren W. Ayres, Paul C. Heintz, Barbara E. Little, Janene B. Reilly, Nina B. Stryker; Obermayer Rebmann Maxwell & Hippel LLP;
Legal Alert/Article
May 27, 2016, previously published on Spring 2016
You may have read about the overhaul of the Pennsylvania laws governing Powers of Attorney used for financial and property transactions. Even though the revisions are extensive, your current Power of Attorney may be perfectly fine. Here is what you need to know to ensure that your documents are...

 

HTMLVictories on the Horizon for the Holder Community?
Brooke E. Ehrman, Marc J. Musyl, Sarah Niemiec Seedig; Greenberg Traurig, LLP;
Legal Alert/Article
May 19, 2016, previously published on April 29, 2016
In recent years, states have become more and more aggressive in pursuing unclaimed property as a means of increasing revenue without increasing taxes. States have enacted and modified unclaimed property legislation expanding the scope of what constitutes escheatable property, shortening applicable...

 

HTMLPrice And Why Most Everyone Should Have An Estate Plan!
Law Offices of John D. Williams;
Legal Alert/Article
May 16, 2016, previously published on May 05, 2016
Prince's Estate: Lack of a Will or Estate plan will mean huge attorneys' fees, court costs, litigation costs, taxes, delay, heartache and long delays of years for the beneficiaries.

 

HTMLCourt Allows Time-Traveling QDRO to Evade Legal Requirement
Antoinette M. Pilzner; McDonald Hopkins LLC;
Legal Alert/Article
May 16, 2016, previously published on April 19, 2016
Divorcing couples who want to divide qualified retirement plan benefits accrued during the marriage can only do so through a qualified domestic relations order submitted to the plan. Under both ERISA and the Internal Revenue Code, a qualified domestic relations order cannot require the qualified...

 

Adobe PDFABLE Accounts for Families with Disabled Individuals: Important Considerations
Brian R. Selvin; Greenbaum, Rowe, Smith & Davis LLP;
Legal Alert/Article
April 25, 2016, previously published on April 2016
Although a majority of states, including New Jersey, have enacted legislation establishing ABLE programs, none have gone into effect to date. New Jersey is scheduled to begin offering ABLE accounts in October of 2016.

 

HTMLWhat a Revocable Living Trust Can and Can't Do For You
Jeanette M. Dostie; Suisman Shapiro Attorneys-at-Law;
Legal Alert/Article
March 23, 2016
A revocable living trust (or RLT) is a widely used estate planning device, often promoted in magazine articles and at seminars. There is no doubt that individuals and couples can achieve substantial benefits, both tax and non-tax, through the use of revocable living trusts. It is important,...

 

HTMLStore Credits Not Subject to Unclaimed Property, Says California Court
Wilson G. Barmeyer, Holly H. Smith, Phillip E. Stano, Steuart H. Thomsen, Mary Jane Wilson-Bilik; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
March 15, 2016, previously published on March 15, 2016
In a decision with potentially broad implications, a California Superior Court has held that merchandise credits not redeemable for cash are not subject to California's Unclaimed Property Law (UPL). The court also held that these credits qualified for exemption under the California unclaimed...

 

HTMLThe New New Jersey Uniform Trust Code: Creating Uniformity for Beneficiaries, Trustees and the Professionals that Advise Them
Barbara E. Little; Obermayer Rebmann Maxwell & Hippel LLP;
Legal Alert/Article
February 18, 2016, previously published on February 8, 2016
As an estate planning attorney, it is hard to contain my excitement that a version of the Uniform Trust Code (“NJUTC”) was enacted in New Jersey on January 19, 2016 with an effective date of July 17, 2016. With its passage, New Jersey joins at least 28 other states (including our...

 

HTMLInternational Estate Planning - Starting with a Will
Patrick Hamlin, Patrick Hamlin, Freda Lim, Chua Yee Hoong, Chua Yee Hoong; Withers Bergman LLP;
Legal Alert/Article
February 11, 2016, previously published on February 2, 2016
Globalisation has changed the way we live. A less discussed topic is that globalisation has also changed the way we die. Cross-border investments and worldwide acquisition of assets have increased dramatically with technological advances and the ease of travel. It is also an increasingly common...

 

HTMLWhat Is Probate? How Do I Avoid It?
Jim Schleiffarth; Schleiffarth Law Firm LLC;
Legal Alert/Article
February 11, 2016, previously published on February 10, 2016
Probate is an entirely avoidable event. The process is typically undesirable due its time, expense and administrative requirements. Proper planning, through various methods, can remove all assets from the probate estate, allow for a smooth transfer of a decedent’s property and assure that...

 


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