Search Results (2167)
Documents on trusts estates
Show: results per page
|Is The End of Valuation Discounting Upon Us?|
Jeffrey P. Consolo, Mark D. Klimek; McDonald Hopkins LLC;
September 3, 2015, previously published on September 3, 2015Discounting the value of assets has been an integral part of wealth transfer planning for many years. The IRS has also been fighting this planning technique for many years. There have been indications that regulations will be issued soon to significantly curtail this estate planning technique....
|Overview of the Landscape for Evaluating Creditors' Breach of Fiduciary Duty Claims in Delaware|
Mintz Levin Cohn Ferris Glovsky Popeo P.C.;
September 2, 2015, previously published on August 31, 2015In our prior post, we discussed the standard a creditor must meet to sue an insolvent corporation for breach of fiduciary duties, as laid out in the Quadrant Structured Products Co., Ltd. v. Vertin decision. Another notable takeaway from the Quadrant decision was the Court’s overview of the...
|Succession to Cyprus Shares |
Evita Lambrou; Soteris Flourentzos & Associates LLC;
September 1, 2015, previously published on September 2015Shares in a Cyprus company are treated as being located for legal purposes in Cyprus. Therefore, when a registered shareholder of a Cyprus company dies, her/his shares cannot be transmitted to her/his heirs until, in the case of a will, a grant of probate or, in the case of no will, grant of...
|Estate Planning: The Benefits of Qualified Income Trusts|
Peter Y. Fu, Michael L. Salad; Cooper Levenson, P.A.;
August 28, 2015, previously published on August 5, 2015Maybe you're not ready for a nursing home but imagine being forced into institutional care to gain eligibility to receive Medicaid coverage. That was the reality for many people who could not afford assisted living or home care but did not qualify for government assistance. That is, until a pivotal...
|Changes Made to the Law of Estate Administration|
Katherine M. Faught; McLennan Ross LLP;
August 19, 2015, previously published on July 6, 2015On June 1, 2015 the Estate Administration Act ("Act") came into force in Alberta. This Act updates the previous laws which dictate how an executor, or "personal representative", will have to administer the estate of a deceased person. The new law applies whether or not the...
|Does Your Unmarried Daughter or Son Have a Will or Trust?|
Jones Waldo Holbrook McDonough A Professional Corporation;
August 13, 2015, previously published on August 12, 2015Whether you’re the parent reading this, or the unmarried daughter or son, the foregoing question may have been on your mind - or maybe it is now.
|When a POA is Personally Liable|
Jack J. Lah; Weltman, Weinberg & Reis Co., L.P.A.;
August 12, 2015, previously published on August 4, 2015The undertaking of service under an instrument appointing a power of attorney is a responsibility that should not be taken lightly. A power of attorney is a written instrument authorizing an agent, known as an attorney-in-fact, to perform specific acts on the principal's behalf.1 It is crucial that...
|Murder, Fraud, and Tortious Interference: The Interplay Between Probate Court Jurisdiction and Superior Court Jurisdiction in Rhode Island|
Pannone Lopes Devereaux West LLC;
August 12, 2015, previously published on August 12, 2015“Murder, Fraud, and Tortious Interference: The Interplay Between Probate Court Jurisdiction and Superior Court Jurisdiction in Rhode Island” delves into nuances of Rhode Island Probate Court and Superior Court jurisdiction, and explains in detail the need for attorneys to first identify...
|Transferring Title to a Motor Vehicle in Maryland at Death? Be Careful!|
Pessin Katz Law P.A.;
August 7, 2015, previously published on August 2, 2015Many people try to avoid probate. Often, title to assets is held in joint names with right of survivorship so that the surviving joint tenant inherits property without the need for probate. But then there is that pesky automobile which you failed to put in joint names or want to leave to your...
|On-Line Fundraising, Some Tax Implications|
Pessin Katz Law P.A.;
August 7, 2015, previously published on August 3, 2015Many have participated in, or know someone who has launched, a “Kickstarter” campaign or other online means of securing funds for a project. Others may have encountered a request for contributions to a “fund” for some tragic occurrence (such as a scholarship fund for the...