At the end of each month, we like to review elder law news and developments. For January’s review, we found a couple of insightful pieces about advance directives particularly interesting. There are other tidbits, too.
Living Wills: Not as Helpful
Probate & Estate Planning
Article: Protecting the Personal Rep
In Protecting the Personal Rep, Seymour Goldberg, senior partner at Goldberg & Goldberg, explains steps that can be taken to protect the personal representative of IRA trusts. Goldberg explains that, “[s]uch precautions may be useful if there is likely to…
Article: IRA Trusts Should Be Irrevocable
In IRA Trusts Should Be Irrevocable, Seymour Goldberg explains why IRA trusts should be revocable, especially in jurisdictions that have adopted versions of the Uniform Trust Code (UTC). IRA owners with large accounts may name an IRA trust as the…
Article: ‘By fraud and collusion’: Feudal Revenue and Enforcement of the Statute of Marlborough, 1267-1526
Ashley Hannay recently published an article entitled, ‘By fraud and collusion’: Feudal Revenue and Enforcement of the Statute of Marlborough, 1267-1526, Wills, Trusts, & Estates Law ejournal (2021). Provided below is the abstract to the Article: Following the Statute of…
Florida needs to adopt the Uniform Adult Guardianship and Protective Proceedings Jurisdiction Act
In our increasingly mobile society, adult guardianships often involve more than one state, raising complex multi-jurisdictional issues.
We have legal theories for resolving these civil procedure puzzles on a case-by-case basis (as demonstrated in the Morrison case), but…
Life Insurance Policies are a Like Cars: You Need to Get Under the Hood of Your Policy
If we’ve ever been fortunate enough to enjoy a conversation, hopefully, I’ve learned something special about you, and you probably know I love classic cars! Life is just more fun when there’s an interesting car needing to be driven somewhere.…
The Daily: Documenting a Death by Euthanasia
Champion Paralympic athlete from Belgium, Marieke Vervoort, who had a progressive disease, announced her retirement from professional sports in 2016, and also spoke of her desire to undergo euthanasia. In a podcast by The Daily , Vervoort’s story is told…
Article: The Internal Point of View in Private Law
Jeffrey A. Pojanowski and Paul B. Miller recently published an article entitled, The Internal Point of View in Private Law, Wills, Trusts, & Estates Law ejournal (2021). Provided below is the abstract to the Article: Many leading private law theorists…
Client Quick-Hit Alert — New Year, New Estate & Gift Tax Exemptions
New year = new Estate & Gift Tax exemptions and new estate planning opportunities. For example: The federal gift & estate tax exemption has increased from $11.7 million in 2021 to $12.06 million in 2022. The New York State estate…
Can my mother be the karta of the HUF?
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 23rd January, 2022 and the online…