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18 Feb 2020, 9:19 am
§§ 707(b)(2) or 707(b)(3) with Memorandum and Affidavit in Support Thereof (Doc. #15) (the “Motion to Dismiss”). [read post]
10 May 2014, 6:37 pm
The preliminary executors are also the trustees of The Sunshine Foundation. [read post]
1 May 2008, 8:59 pm
The decision noted that Section 7-1.17(a) of the Estates Powers and Trust Law requires that "a lifetime trust agreement must be in writing, and requires that it shall be executed and acknowledged by the initial creator and, unless such creator is the sole trustee, by at least one trustee thereof " in recordable form (which means in the same way one would have to execute a deed to real property in order to have a county clerk record the deed). [read post]
22 Sep 2012, 9:03 pm
The Appellate Division, upon examining the language of the trust, noted that although it provided that “The trustees shall pay… any or all of the principal thereof as the trustees shall determine to be in the beneficiary’s best interests, after taking into account the other financial resources available to the beneficiary”, it also stated “the beneficiary shall not be permitted, under any circumstances, to compel distributions of income… [read post]
16 Apr 2019, 10:13 am
” The EAT is separated into two brackets and described in the relevant legislation in classically convoluted language as: “…five dollars for each $1,000 or part thereof of the first $50,000 of the value of the estate [and] fifteen dollars for each $1,000 or part thereof by which the value of the estate exceeds $50,000. [read post]
17 Sep 2017, 7:30 pm
FOR IMMEDIATE RELEASE EXACTLY TEN YEARS AGOon September 17, 2007 NATIONAL COLLEGIATE STUDENT LOAN TRUST 2007-4Contact:Janice WalkerVice PresidentCorporate Communications617.638.2047Lee JacobsonVice PresidentInvestor Relations617-638-2065News for Immediate ReleaseFirst Marblehead Announces PreliminaryEstimate of Up-front Fees in UpcomingSecuritizationBOSTON, MA, September 17, 2007 – The First Marblehead Corporation (NYSE: FMD) today announced its estimated up-front structural advisory… [read post]
11 Jul 2015, 5:35 pm
The wife has a testamentary power of appointment over the corpus and in default thereof, the corpus is to be added to the principal of Trust B. [read post]
28 Apr 2016, 9:50 pm
The wife has a testamentary power of appointment over the corpus and in default thereof, the corpus is to be added to the principal of Trust B. [read post]
31 Dec 2013, 12:17 pm
A New York Will Lawyer said under her will a marital deduction trust was created of one-half of her residuary estate with the income thereof payable to the decedent for life. [read post]
16 Feb 2015, 6:54 pm
They allege that the trustee of the trust under the will of their father has refused to bring the proceeding after demand. [read post]
28 Aug 2018, 11:54 am
As you prepare to do your estate planning, you should remember that you are not just deciding whether to do a will or a trust or some combination thereof, but you are also assembling a team of people to put your plan into effect. [read post]
3 Oct 2013, 10:58 am
Upon service of a trustee summons, the trustee shall answer as subject to attachment only so much money of the defendant that exceeds $2,500. [read post]
26 Jul 2012, 8:39 am
When the grantor of the trust died, the trusts instructions told the successor trustee to pay the settlor's death obligations. [read post]
28 May 2020, 8:00 am
Miller and Trustee of the Grace R. [read post]
8 Apr 2012, 9:37 pm
An appeal by the bankruptcy trustee is anticipated. [read post]
30 Jul 2012, 2:00 am
In Caldwell, Kurisko J. was satisfied that the property in question did not vest in the beneficiaries because the will provided the trustee with “…full power to sell, mortgage or otherwise dispose of the same or any part thereof”. [read post]
27 Apr 2016, 9:00 pm
The trustee has discretion to invade principal for the benefit of the spouse. [read post]
20 Jul 2011, 11:55 am
RILEY, President of the Board of Trustees of the City of San Bernardino. [read post]
9 Oct 2015, 6:40 pm
It provides that provision for payment will be done by the 'reservation of such estate assets as the court shall determine to be adequate to pay the unliquidated claim when the amount thereof shall become due and payable'. [read post]
2 Nov 2015, 5:26 pm
It provides that provision for payment will be done by the 'reservation of such estate assets as the court shall determine to be adequate to pay the unliquidated claim when the amount thereof shall become due and payable'. [read post]
