Trusts & Estates
In this Special Report: "Top 10 Developments, Lessons and Reminders of 2018," "Addiction, Disinheritance and Enabling: An Avoidable Outcome," "'Estate of Seiden': An Opening of the Floodgates, or a Crack in the Wall?" and "Self-Settled Spendthrifts, Illusions and Shams: When an Asset Protection Trust Affords No Protection."
January 24, 2019 at 01:37 PM
2 minute read
From new legislation, to important proposals, to instructive case law, 2018 saw some significant developments, lessons and reminders.
Family members, especially parents, have difficulty in addressing how to plan their estates when a loved one is struggling with the disease of addiction. A proper estate plan can help establish certain benchmarks in order to ensure that a bequest is properly safeguarded against abuse, while at the same time provide resources to the intended beneficiary for both their personal needs and to assist with their struggles in addiction.
The decision in 'Estate of Seiden' is good news for New York residents who are beneficiaries of 2010 QTIP trusts. But might other taxpayers benefit as well?
Self-Settled Spendthrifts, Illusions and Shams: When an Asset Protection Trust Affords No Protection
Essential considerations for judgment creditors seeking to attack offshore asset protection trusts.
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