Whether family jewelry is passed down from one generation to another, a painting, heirloom or other memorabilia–sometime these items have more significance and emotional weight to your family than some of the larger assets such as stocks and bonds, and can create a larger fight between your loved ones.
The Israel Tax Authority announced yesterday that the deadline for registration of Family Trusts (sometimes referred to as Relatives Trusts), which are trusts created by a living U.S. grantor for the benefit of at least one Israeli resident beneficiary, has been extended from June 30, 2015 to December 31, 2015.
The general trend in Florida is that a third-party beneficiary of your legal services can sue you for legal malpractice — and it doesn’t matter that the third party was never your client and had zero privity of contract with you.
1. Surviving Joint Tenants Don’t Have to Share
In his final report to the court, the Wisconsin Master Trust receiver proposed a new trust agreement that is intended to provide “transparency, accountability, oversight and prudence”.
A recent review by Jeffrey W. Pompeo of New Jersey’s pet trust law was published in the New Jersey Law Journal, describing some of the deficiencies of the existing law.
In the life cycle of a family business, one common event is the purchase by one or several family members of the interests in the business held by other family members.
The growing area of California Financial Abuse. A lot can be learned from real life examples. In this video we describe California Financial Elder Abuse.
In the wake of the financial scandals of the early 2000s, a push was made to increase the number of independent directors on public company boards.