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10 Mar 2014, 11:57 am
However, for testamentary trusts, if the commission is higher than the amount allowed under the New Jersey statutes, the Will must specifically state that the testator is aware of the commissions allowed under the New Jersey statutes and expressly authorize payment in excess thereof. [read post]
20 Dec 2015, 8:34 am
And so concluded a Florida Circuit Court judge, in ruling that two co-trustees owned real property conveyed to them “as trustee” in fee simple without further description and without a recorded trust instrument. [read post]
15 Jun 2015, 9:38 am
Section 6012(b)(4), which provides that: "Returns of an estate, a trust, or an estate of an individual under chapter 7 or 11 of [the Bankruptcy Code] shall be made by the fiduciary thereof. [read post]
15 Jun 2015, 9:38 am
Section 6012(b)(4), which provides that: "Returns of an estate, a trust, or an estate of an individual under chapter 7 or 11 of [the Bankruptcy Code] shall be made by the fiduciary thereof. [read post]
15 Jun 2015, 9:38 am
Section 6012(b)(4), which provides that: "Returns of an estate, a trust, or an estate of an individual under chapter 7 or 11 of [the Bankruptcy Code] shall be made by the fiduciary thereof. [read post]
6 Feb 2016, 9:12 pm
IF ANY PERSON should become entitled to any share in my estate before attaining the age of nineteen (19) years, the share of such person shall be held and kept invested by my estate and the income and capital or so much thereof as my Trustee in her absolute discretion considers necessary or advisable shall be used for the benefit of such person until he or she attains the age of nineteen (19) years. [read post]
14 Jan 2011, 6:28 pm
Isn't the trustee just serving as a common law trustee for a common law trust? [read post]
2 Nov 2016, 10:18 pm
” Similarly, a transfer will be “constructively” fraudulent where the debtor does not “receive reasonably equivalent value and the debtor was insolvent at the time of the transfer or became insolvent as a result thereof. [read post]
11 Mar 2010, 8:42 pm
John DeGroote Services, LLC, the liquidating trustee of the BearingPoint, Inc. [read post]
2 Mar 2012, 3:00 am
Independent Trustee Services Ltd v Morris: [2012] EWCA Civ 195; [2012] WLR (D) 55 “The defence of bona fide purchaser for value without notice, at the time of receipt of moneys, to a tracing claim by a trustee for the recovery of misappropriated trust moneys was not available to the recipient thereof where a consent order made in ancillary relief proceedings pursuant to which the moneys had been paid had been rescinded, on the… [read post]
22 Oct 2015, 8:00 am
Mother’s will included a no contest clause requiring forfeiture by any beneficiary who contests the validity of the will or who attempts to prevent “any provision thereof from being carried out” and also contained a condition precedent to “every benefit... [read post]
8 Jan 2015, 4:00 am
The court held that the the congregation's authority is governed by NYRCL Sec. 200 that provides:A corporate meeting of an incorporated church, whose trustees are elective as such, may give directions, not inconsistent with law, as to the manner in which any of the temporal affairs of the church shall be administered by the trustees thereof; and such directions shall be followed by the trustees. [read post]
16 Jan 2012, 3:03 pm
So, make a trustee’s day, or year. [read post]
4 Jan 2016, 12:05 pm
Appointment of substituted administrators When a sole or sole surviving or remaining executor or administrator, with or without the will annexed, dies or is removed or discharged by the court after qualifying and entering upon the duties of his office but before the completion thereof, the vacancy so created shall, except as hereinafter provided, be filled by the appointment of a fit person to exercise the vacated office. [read post]
17 Aug 2017, 8:27 am
Appointment of substituted administrators When a sole or sole surviving or remaining executor or administrator, with or without the will annexed, dies or is removed or discharged by the court after qualifying and entering upon the duties of his office but before the completion thereof, the vacancy so created shall, except as hereinafter provided, be filled by the appointment of a fit person to exercise the vacated office. [read post]
16 Aug 2017, 10:43 am
Appointment of substituted administrators When a sole or sole surviving or remaining executor or administrator, with or without the will annexed, dies or is removed or discharged by the court after qualifying and entering upon the duties of his office but before the completion thereof, the vacancy so created shall, except as hereinafter provided, be filled by the appointment of a fit person to exercise the vacated office. [read post]
13 Apr 2014, 6:47 pm
At the time of her death, the trustees of the trust were the beneficiary and the Bank. [read post]
21 Jul 2017, 9:32 pm
The trustee appeals from so much of the first decree as (1) adjudged that the trustee was guilty of gross neglect with respect to one of the trusts, the one established for the benefit of the testator’s two daughters, in failing to make the trust productive; (2) surcharged the trustee $23,298.27; (3) adjudged that a certain 1946 consent and release (referred to in the decree as made in ‘1947’) executed by the daughters was ineffective to bind them with… [read post]
13 Feb 2015, 6:55 pm
A Probate Lawyer said that records reflect that the Testatrix' will give the sum of $2,000 in trust for the benefit of the beneficiary who was entitled to the corpus and accumulated income thereof when he became 21 years of age. [read post]
5 Mar 2015, 7:28 am
In George Perez as Trustee v. 222 Sutter St. [read post]
