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By Law Journal Editorial Board | May 21, 2023
Senate Bill 3341, concerning estate cases with claims of undue influence, is a remedy in search of a problem.
3 minute read
By Frederick K. Schoenbrodt II and Megan E. Cannella | May 19, 2023
At death, an individual who made no taxable gifts during life will have the entire basic exclusion amount remaining. An individual who made taxable gifts during life will have something less than the full basic exclusion amount remaining since a portion would have been applied to those lifetime gifts. In either event, the remaining basic exclusion amount, full or partial, will be available to apply against taxable transfers occurring at the individual's death.
9 minute read
By Katie Hall | May 18, 2023
The two-week trial centered around the interpretation of the last will and testament of Alan Bean and the corresponding administration of his estate, including claims of breach of fiduciary duty against both of the co-executors for their roles in the administration of Alan Bean's estate.
3 minute read
By Emily Cousins | May 15, 2023
"I love digging into the evidence and trying to find the key pieces—the needle in the haystack, so to speak," plaintiffs lawyer Mike Snellings said.
4 minute read
By Howard Vigderman | May 12, 2023
Regardless of a client's income level, and even for clients with seemingly straightforward goals, DIY estate planning is generally not a good idea for many reasons.
8 minute read
By Mason Lawlor | May 12, 2023
In a trust and estate case that has been ongoing since 1999, the Arizona Court of Appeals has sided with petitioners who argued their award was $190,000 short due to attorney fees that were improperly granted to an estate.
5 minute read
By Alaina Lancaster | May 10, 2023
The suit, surfaced by Law.com Radar, claims Proskauer Rose estimated that legal fees in the matter would total $100,000 or less but charged millions of dollars.
3 minute read
By Adolfo Pesquera | May 5, 2023
"There has to be a culture change at SCJC," said Jay Dickens, an advocate for a handicapped ward.
4 minute read
By Alexander Lugo | May 3, 2023
"We were getting a lot of inquiries from our New York financial institutions about their expanding role in Southeast Florida and that they were underserved in the middle market space," managing partner Marc Hamroff said.
3 minute read
By Justin H. Brown and Brittany A. Yodis | May 3, 2023
The United States has specific income tax rules for noncitizen nonresidents (NCNRs), and it has an entirely different estate and gift tax regime for NCNRs, creating traps for the unwary cross-border client.
7 minute read
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