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Daily Business Review

Stinson Expands Into Southeast With New Tampa Office

"People from Minneapolis, Minnesota; Kansas City and from the middle of the country, they move to the west coast of Florida when they come to Florida," said Marc Weintraub, a partner at the Am Law 200 firm. "It's the right place to be for the connectivity that Stinson has with its Midwestern client base."
3 minute read

New York Law Journal

The Gallo Exemption: What It Is and Why You Should Know About It

While the scope of the Gallo exemption is narrow, some of those trusts to which it applies are still in existence. The practitioner should realize that certain modifications of a Gallo exempt trust, including, for example, modifications via a decanting or court proceeding, could inadvertently trigger a GST tax.
8 minute read

New York Law Journal

Trusts, Escrows and Property of the Estate (or Not)

The assets available to secured creditors in a debtor's bankruptcy proceeding must constitute "property of the estate" within the meaning of section 541(a)(1) of the U.S. Bankruptcy Code. However, creditors can sometimes find assets of a debtor outside the realm of a bankruptcy debtor's estate based on certain pre-bankruptcy arrangements. Examples of those arrangements are trusts and escrows. This column discusses two recent cases, "Markel Insurance Company v. Origin Bancorp, Inc.," and "In re: Urban Commons 2 West LLC," where federal courts held that a trust and escrow arrangement, respectively, were each insufficiently structured to protect the related assets from claims of creditors of the bankrupt debtor.
9 minute read

New Jersey Law Journal

An Automobile Is a Non-Probate Asset

Making it easier for the owners of motor vehicles to pass the vehicles to their heirs at death without the necessity of a formal estate administration is an excellent idea.
3 minute read

New York Law Journal

From Season to Season, Decisions Abound for Trusts and Estates Field

As the summer months approach, and the winter and spring seasons leave their trail behind, we consider the many instructive opinions rendered by the Surrogate and Appellate courts affecting the field of trusts and estates.
10 minute read

New York Law Journal

Decision of the Day: Court Grants Petition to Revoke Letters Of Administration, Remove Administrator

This ruling was selected and summarized by the New York Law Journal's decision editors. 
2 minute read

The Legal Intelligencer

Planning for the Family Catastrophe: Addressing the Unexpected

The one question that a lot of our clients are not expecting toward the end of our estate planning meeting is how they want their assets to pass in the event of a "family catastrophe." As if planning for death isn't difficult enough, there is even more to think about should this unexpected contingency become a reality.
5 minute read

Texas Lawyer

Texas Legislative Reforms Would Make Associate Judges State Employees

Three bills are intended to improve communications in connection with guardianship proceedings.
4 minute read

New York Law Journal

Manhattan Federal Judge Rejects Motion to Dismiss in Bulgari Jewelry Heirs' Dispute Over Trusts

Gibson Dunn & Crutcher partner Mitchell Karlan said his client, defendant Veronica Bulgari, plans to move for summary judgment shortly.
3 minute read

New Jersey Law Journal

If It Ain't Broken...

Senate Bill 3341, concerning estate cases with claims of undue influence, is a remedy in search of a problem.
3 minute read

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