Trusts & Estates is pleased to announce the formation of a new editorial advisory board committee on valuations. We are honored to have these experts to serve: Radd L. Riebe (chair) Riebe is a managing director in the...
If you do estate and trust litigation for a living, it's easy to begin thinking that greed is ubiquitous. But just when you might harden into cynicism, a case comes along to restore your faith in human nature. Two...
Stock concentration cases against fiduciaries just keep getting scarier. The latest fright comes from Hamilton County, Ohio. If the New York case of Dumontsent chills down advisors' spines, Ohio's Fifth Third Bank v...
Some states, such as Florida, ban no-contest clauses in wills as against public policy. A greater number of states allow these measures also known as in terrorem clauses but rarely enforce them. It seems that the law...
Carolyn DeVore of Pullman & Comley, LLC, in Westport, Conn., reports: The United States and France ratified significant protocols to their income tax and estate tax treaties on Dec. 21, 2006. The income tax protocol...
Christopher R. Hoyt, professor of law at the University of Missouri-Kansas City Law School, and Bruce D. Steiner, attorney in the New York office of Kleinberg, Kaplan, Wolff & Cohen, P.C., give us this lowdown on...
Andrew M. Katzenstein, a partner in the Los Angeles office of Katten Muchin Rosenman LLP, reports: Changes proposed to regulations (Treasury Regulations Sections 1.72 and 1.1001-1(j)) governing the income taxation of...
A new study on high-net-worth philanthropy shows that the rich are different. David T. Leibell and Daniel L. Daniels, partners of Cummings & Lockwood, LLC in Stamford, Conn., report: According to a study released Oct...
David T. Leibell and Daniel L. Daniels, partners in the Stamford, Conn. office of Cummings & Lockwood LLC, report that a recently released Technical Advice Memorandum (TAM) provides a lovely roadmap on how not to...
Bruce D. Steiner, attorney, Kleinberg, Kaplan, Wolff & Cohen, P.C , New York, has this overview of the recently adopted Pension Protection Act of 2006 (PPA): There are three key provisions of the PPA that are...
