Dramatic new Securities and Exchange Commission (SEC) disclosure requirements will change the way trustees choose and manage financial advisers. These disclosures provide information that trustees may not have been able to cobble together on their...

IRS expands use of simpler e-Postcard (Form 990-N) for annual information filings

The top 10 things closely held business owners should be considering now

Asset protection grows ever more popular and permanent. After spending over six years in prison for civil contempt, Stephen Jay Lawrence is a free man once again. In the statement releasing Lawrence from prison, Judge Alan Gold for the U.S...

If a client is considering using a corporate trustee as a sole trustee, co-trustee or successor trustee, he'll probably want to interview several institutions and his estate-planning lawyer should be intimately involved in this process. While...

The Hershey School Trust recently tried to sell a controlling interest in Hershey Foods, the largest chocolate maker in the United States. The initiative ignited very vocal public protest and rapid-fire state court litigation that attracted a huge...