The Legal Intelligencer | Commentary
By Rebecca Rosenberger Smolen and Amy Neifeld Shkedy | August 30, 2024
Starting in 2025, under the final regulations just issued by the IRS in July, the views of the commentators advocating a more taxpayer friendly statutory interpretation have been disregarded, and annual distributions will now be required, based on the longer of the life expectancy of the beneficiary or the decedent.
Delaware Business Court Insider | News
By Ellen Bardash | August 20, 2024
Trusts created for persons from the Pacific island that became a nuclear test site have been drained, according to a lawsuit filed in Delaware Chancery Court.
By Stephen Ferszt | August 20, 2024
Failing to update beneficiary and estate tax forms can lead to legal battles. Adhering to the procedures set forth for designating or changing beneficiaries is not just a formality, but an essential step in ensuring that your assets are distributed according to your wishes. Stephen Ferszt, a partner at Olshan Frome Wolosky discusses the regulatory landscape and provides guidance about planning in light of upcoming tax law changes and legal recourse.
By Lisa Willis | August 14, 2024
"Expect to see Russell argue that all of its actions were performed with the consent of the Royal Caribbean investment committee," said attorney Blake Dolman, who is not involved in the litigation.
By Gregory R. Bruno and Alfred W.J. Marks | August 14, 2024
The authors discuss the elements and application of the "Dead Man's Statute" and offer practical guidance for practitioners to effectively employ the statute, as well as suggestions for potential applications that might not be directly apparent from the text of the statute but give effect to its underlying purpose.
By Lisa Willis | August 9, 2024
"The judge signed off on the half-truths and untruths that are in [the order]. Maybe I'll get an audience in front of this judge. If not, we'll take it up on appeal," the attorney said.
By Lisa Willis | August 6, 2024
In legal action that could have fallen from the pages of a soap opera script, a South Florida law firm successfully defended the husband of a Miami…
New York Law Journal | Analysis
By Ilene Sherwyn Cooper | August 2, 2024
"As the summer days pass us by, we examine the decisions of the past several months that impacted the field of trusts and estates," writes Ilene Cooper.
The Legal Intelligencer | Commentary
By Lisa S. Presser and Brian M. Balduzzi | July 29, 2024
With a majority of states allowing a TOD deed, the Pennsylvania and New Jersey legislatures should consider passing a similar type of statute to benefit those owning real estate in their states.
New York Law Journal | Analysis
By Gabrielle C. Lese | July 26, 2024
This article discusses the pitfalls of intestate succession, the effect of divorce on an estate plan under New York law specifically, and the need to address changes in a client's family structure with careful planning customized for the client's specific situation and testamentary intent.
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