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1 May 2019, 9:01 am
How Does The Automatic Stay Help Those Filing for Bankruptcy Filing bankruptcy can be an intimidating decision. [read post]
1 May 2019, 7:52 am
Under the Bank Holding Company Act, a company is considered to have control over a bank or other company if: (A) the company directly or indirectly or acting through one or more other persons owns, controls, or has power to vote 25% or more of any class of voting securities of the bank or company; (B) the company controls in any manner the election of a majority of the directors or trustees of the bank or company; or (C) the Federal Reserve Board determines, after notice and opportunity for… [read post]
29 Apr 2019, 4:33 pm
In a prior post from 2016, I discussed the dangers of being an attorney that serves as the trustee of another's trust (as opposed to the attorney representing the trustee). [read post]
28 Apr 2019, 1:30 pm
Some of these are:* Marriage, death, birth, divorce or separation affecting either you or anyone named in your Will*Significant changes in the value of your total assets or in any particular assets which you own* A change in your domicile* Death or incapacity of a beneficiary, or death, incapacity or change in residence of a named executor, trustee or guardian of infants, or of one of the witnesses to the execution of the Will*Annual changes in tax lawMAY I CHANGE MY WILL? [read post]
25 Apr 2019, 9:05 pm
The Board of Trustees of the U.S. [read post]
25 Apr 2019, 7:45 pm
Most married couples prefer to create a “marital trust” where each member is a trust creators, co-trustees, and a beneficiaries of the marital trust. [read post]
24 Apr 2019, 10:57 am
Assets will need to be transferred at the time you execute the trust document and beneficiary designations may need to be changed depending on the nature of the asset. [read post]
21 Apr 2019, 3:08 pm
Provided that the will did not itself refer to the fact that she would receive his estate as a trustee, this arrangement would be a valid secret trust under British Columbia law, and he would be able to change the terms right up to his death, without complying with the formal requirements for a valid will. [read post]
18 Apr 2019, 9:01 pm
Federal: Analysis: The many reasons to run for president when you probably don’t stand a chanceMSN – Matt Flegenheimer (New York Times) | Published: 4/14/2019 Presidential primaries tend to produce one nominee but many winners. [read post]
11 Apr 2019, 1:55 pm
In 1996, the plaintiff and his late wife had executed multiple legal documents purporting to create a family trust and named themselves as trustees. [read post]
9 Apr 2019, 2:00 am
Colorado, for example, may offer insurance premium tax discounts on COLI when a trustee holding the COLI (such as in a rabbi trust) and/or the insurance carrier issuing the policy is domiciled in the state. [read post]
8 Apr 2019, 3:48 am
Prior to filing suit, the two petitioners executed two written agreements. [read post]
2 Apr 2019, 6:50 am
Cyberspace is not a “No Law Land”. [read post]
29 Mar 2019, 9:00 am
The written consent shall be signed by one authorized officer, director, or trustee of the charitable organization. [read post]
26 Mar 2019, 12:12 pm
Executors and trustee The will-maker designates the executor and trustee who will execute the Will and manage the estate. [read post]
20 Mar 2019, 12:40 pm
Court of Appeals for the Sixth Circuit held that a recent change to Ohio law involving notice of a defective lien had no bearing on a bankruptcy trustee’s ability to avoid the defective lien because such notice is irrelevant to a trustee’s status… Jeffrey Karek [read post]
19 Mar 2019, 7:34 am
It is at the execution stage that the process becomes messier. [read post]
14 Mar 2019, 6:00 pm
Some of these are:* Marriage, death, birth, divorce or separation affecting either you or anyone named in your Will* Significant changes in the value of your total assets or in any particular assets, which you own * A change in your domicile* Death or incapacity of a beneficiary, or death, incapacity or change in residence of a named executor, trustee or guardian of infants, or of one of the witnesses to the execution of the Will* Annual changes in tax law*… [read post]
12 Mar 2019, 9:39 am
Single individuals can utilize a revocable living trust as an estate planning tool, and married couples can also jointly execute a living trust. [read post]
5 Mar 2019, 1:50 pm
As Trump's proposed executive order indicates, if universities will not take action themselves, they can expect that donors, trustees, and politicians will take action for them. [read post]
