Listen to Hull on Estates #381 – Morality in public policy. Today on Hull on Estates, Jonathon Kappy and Doreen So talk about morality in public policy, explaining how it may limit the ability to gift a gift under a will, and reference the McCorkill v. Streed case out of New Brunswick.
One of the biggest benefits of creating a revocable, living Trust is that it allows your successor Trustee to manage your affairs if you lose capacity. Sounds good, but who decides when your capacity is kaput?
On June 18, 2014, the IRS announced a revamped Offshore Voluntary Disclosure Program.
Usually, a fiduciary (either an executor or a trustee) may hire and pay his or her attorneys from estate or trust funds. Moreover, the law (statutes or code sections), and some trusts and wills, impose upon a fiduciary the duty to defend the trust or will.
In a recent interview with The Daily Mail, ex-frontman of the Police and successful solo musician Sting revealed that his children will not inherit his estimated $300 million fortune.