The First District Court of Appeal recently joined the widening chasm amongst California appellate courts concerning trust modification procedure. Probate Code section 15402 is seemingly straightforward, consisting of a lone sentence: “Unless the trust instrument provides otherwise, if a trust
Probate & Estate Planning
Can legal heirs have claim in the reverse mortgaged property?
Source: Livemint.com
The Private Client team at Cyril Amarchand Mangaldas shares their comments and opinions in an article in the following Q&A which was published by the Mint Newspaper on 12th March, 2022 and the online…
Steven Mignogna Elected to Board of Regents of The American College of Trust and Estate Counsel
Archer partner Steven K. Mignogna has been elected to the Board of Regents of The American College of Trust and Estate Counsel (ACTEC). Steve will serve an initial three-year term. The Board of Regents serves as the governing body of…
Tax Court in Brief: Estate of Levine v. Commissioner | Split-Dollar Life Insurance and Estate Planning
Freeman Law’s “The Tax Court in Brief” covers every substantive Tax Court opinion, providing a weekly brief of its decisions in clear, concise prose. For a link to the podcast covering the Tax Court in Brief, download here or check…
2021 Business Transactions Year in Review
By: Andrew Steimle, Esq.
2021 was the busiest year ever at Steimle Birschbach in terms of the number of transactions closed. It was the second highest year in terms of total transaction dollar amounts. We attribute this to a few…
Highlighting Women’s History Month: Governor Signs Bill Requiring Feminine Hygiene Products In Homeless Shelters
One of the many unspoken issues facing homeless women is access to feminine hygiene products. Governor Hochul, recognizing this issue, signed legislation on December 22, 2021, amending Social Services Law by adding a new section 152-c[i], which requires…
Stop Helping: Why Helpers Should Leave the Room
When an aging person creates or changes their estate plan, children, caregivers, friends often tag along to “help.” Most of the time, an estate planning attorney will request that the helper stop helping–not participate at all. A new court decision…
Posthumous Control of Copyright, Its Limitations and the Public Interest
Desmond Oriakhogba and Gloria Adeola-Adedipe recently published an article entitled, Posthumous Control of Copyright, Its Limitations and the Public Interest, Wills, Trusts, & Estates Law ejournal (2022). Provided below its the abstract to the Article: Conducted as a desk research,…
Best Offshore Trust Jurisdictions for Asset Protection
Common Offshore Trust Options for U.S. Persons
Jurisdictions
Bahamas
Belize
Cayman Islands
Cook Islands
Self-settled Trusts Allowed
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Bankruptcy Protection
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Spendthrift Provisions
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Laws bar foreign judgments
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Fraudulent Transfer Limits
2 years
Immediate
6 years…
Life Insurance Maintenance
We all know that feeling. That sinking feeling, where something unexpected pops up in front of you and tries to ruin your day. Well, some of those things are more serious than others and, of course, I have a couple…