- NY Times, Why you should hire a financial planner even if you’re not rich: Now that tax time has passed, give yourself a financial fresh start and get some help to make the right money moves for next year. Read More…
- NY Time: For workers without retirement savings, state-run IRAs can pay off: A Pew study found that people could use the money in their state accounts to delay taking Social Security benefits. That would lead to higher federal payments.
- Saul Ewing, Undue influence cases – a litigators perspective (apr 2018). Before one considers filing an undue influence claim seeking to set aside a change in a Will or a recent transfer which reduces his or her share in an estate, there are a number of important factors to consider.
- Holland & Hart: Asset Protection Statute Cannot Limit Jurisdiction of Another State (Toni 1 Trust by it s Trustee, Donald Tangwall v. Wacker). The Supreme Court of Alaska issued a ruling on March 2, 2018, denying Alaska courts the exclusive jurisdiction purportedly granted by the Alaska asset protection statute. This holding is consistent with a ruling by the Delaware Court of Chancery in 2014. Based on these cases, it appears that one state’s asset protection statute cannot, by attempting to reserve exclusive jurisdiction for its own state’s courts, limit the jurisdiction of courts in other states.
Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.