Forbes: Understanding The Limits Of The Transferee’s Good Faith Defense In Voidable Transaction Law (June 20, 2022)

Forbes has published an article, "Understanding The Limits Of The Transferee's Good Faith Defense In Voidable Transaction Law", which discusses good faith defense and the Uniform Voidable Transaction Act. The article begins as follows: The so-called transferee's good faith defense has often befuddled attorneys and judges alike in its application to the Uniform Voidable Transaction … Continue reading Forbes: Understanding The Limits Of The Transferee’s Good Faith Defense In Voidable Transaction Law (June 20, 2022)

HBR: How to Stop Procrastinating (May-June 2022)

Alice Boyes has published her Harvard Business Review article, “How to Stop Procrastinating”. The summary of the article is as follows: Do you keep postponing work you need to do? The problem probably stems from one of three things: your habits and systems (or lack thereof), your desire to avoid negative emotions (like anxiety and … Continue reading HBR: How to Stop Procrastinating (May-June 2022)

HBR: A Practical Plan for When You Feel Overwhelmed (September 23, 2010)

Peter Bregman has published his Harvard Business Review article, “A Practical Plan for When You Feel Overwhelmed”. The article begins as follows: In general, September is often a difficult month: I’m catching up from summer vacation as are many of my clients, projects tend to regain momentum, the Jewish holidays reduce my work days, and … Continue reading HBR: A Practical Plan for When You Feel Overwhelmed (September 23, 2010)

Stacy Francis: Here’s Why You Should Open A Roth IRA For Your Kids (April 25, 2022)

Stacey Francis, a blogger for FA Playbook, has published her article, "Here's Why You Should Open A Roth IRA For Your Kids". The article begins as follows: How would it feel to give your children an enormous leg up on saving for retirement while also helping them form healthy money habits?The answer could be opening … Continue reading Stacy Francis: Here’s Why You Should Open A Roth IRA For Your Kids (April 25, 2022)

Judith Graham: Advance Care Planning for Guns: Owners Can Help Ensure Safe Use and Transfer of Weapons (April 27, 2022)

Judith Graham, a blogger for KHN, has made available for download her article, "Advance Care Planning for Guns: Owners Can Help Ensure Safe Use and Transfer of Weapons". The article begins as follows: Kerri Raissian didn’t know what to do about her father’s guns when he died of covid-19 in December at age 86 and … Continue reading Judith Graham: Advance Care Planning for Guns: Owners Can Help Ensure Safe Use and Transfer of Weapons (April 27, 2022)

Goulston & Storrs PC: Probate & Fiduciary Litigation Newsletter – April 2022

Colleagues of Goulston & Storrs PC, have made available for download their article, "Probate & Fiduciary Litigation Newsletter - April 2022", published in JDSUPRA. The abstract is as follows: Is a child’s “position of trust” with her mother enough to establish undue influence where the mother favors that child over another in her will, trust … Continue reading Goulston & Storrs PC: Probate & Fiduciary Litigation Newsletter – April 2022

Peter Molk: Where Nonprofits Incorporate and Why It Matters (March 17, 2022)

Pater Molk, of the University of Florida Levin College of Law, has made available for download his article, "Where Nonprofits Incorporate and Why It Matters". The abstract is as follows: Nonprofit corporations account for over a trillion dollars of American annual GDP, employ twelve million people, and include some of the most well-known organizations in … Continue reading Peter Molk: Where Nonprofits Incorporate and Why It Matters (March 17, 2022)

NY Times: How Many Billionaires Are There, Anyway? (April 7, 2022)

Willy Stanley, in his New York Times article, discusses a real life money issue - How many billionaires are there actually? He analyzes different media outlet's numbers and tries to make sense of them, but one thing's for sure - the number of billionaires is rapidly growing. His article, "How Many Billionaires Are There, Anyway?", … Continue reading NY Times: How Many Billionaires Are There, Anyway? (April 7, 2022)

Forbes: Debtor’s Failure To Object To Charging Order Has Dire Consequences In Red Lion (March 31, 2022)

Forbes has published an article, "Debtor's Failure To Object To Charging Order Has Dire Consequences In Red Lion", which discusses how Red Lion Hotels Franchising, Inc. has obtained a judgement in 2019 for about $1.3 million against First Capital Real Investments, LLC, and its original owners, arising from the breech of a franchise agreement. The … Continue reading Forbes: Debtor’s Failure To Object To Charging Order Has Dire Consequences In Red Lion (March 31, 2022)

NY Times: For Taxes, Where You Hold Your Investments Really Matters (March 25, 2022)

Jeff Sommer, in his New York Times article, discusses how retirement investments that are fine in tax-sheltered accounts can generate big headaches without protection. His article, "For Taxes, Where You Hold Your Investments Really Matters", begins as follows: Tax bills are bad enough when you know they are coming. When they are unexpected and large, … Continue reading NY Times: For Taxes, Where You Hold Your Investments Really Matters (March 25, 2022)

Forbes: 5 Questions To Ask Before Setting Up A Child IRA (March 27, 2022)

Forbes has published an article, "5 Questions To Ask Before Setting Up A Child IRA", which discusses the five necessary questions to ask before setting up an IRA for a child. The article begins as follows: Did it thrill you to see your children cash their first paycheck? Do you display that special kind of … Continue reading Forbes: 5 Questions To Ask Before Setting Up A Child IRA (March 27, 2022)

Non-Fungible Tokens: What Every Estate Planner Needs to Know

by GERRY W. BEYER Your client may own non-fungible tokens (NFTs) and ask you for estate planning advice. Would you be caught off-guard and give your client the classic “deer in the headlights” look? Obviously, that would not be prudent. To make sure this doesn’t happen to you, this article uses a FAQ approach to … Continue reading Non-Fungible Tokens: What Every Estate Planner Needs to Know

Five Tips for Wealth Advisors: Protecting Clients with Diminishing Mental Capacity

November 9, 2021 ~ ANNA NOÉ-NORDBERG & RYAN FRANT By Charles R. Jacob III & Marshall D. Senterfitt An estimated 6.2 million Americans aged 65 and older are living with Alzheimer’s dementia in 2021, a number that is projected to rise to nearly 13 million by 2050.* In the U.S., trends show a larger portion of the population … Continue reading Five Tips for Wealth Advisors: Protecting Clients with Diminishing Mental Capacity

Asset Protection: Is it the Right Rite of Passage for your Client (and for You)?

November 15, 2021 ~ RYAN FRANT & ANNA NOÉ-NORDBERG By  Karen L. Witherell, Esq., Melissa Langa, Esq. As every estate practitioner knows, trends happen in estate planning just as often as they happen in all other aspects of life.  Some days in our practice, we get the sneaking suspicion that all of our clients got together and … Continue reading Asset Protection: Is it the Right Rite of Passage for your Client (and for You)?

Kathleen Nalty: Outsmart Your Unconscious Biases

© Kathleen Nalty Consulting LLC1 So—what’s in a name? Apparently, a lot. If you are named John, you will have a significant advantage over Jennifer when applying for a position, even if you both have the exact same credentials.2 If your name is José, you will get more callbacks if you change it to Joe.3 And if … Continue reading Kathleen Nalty: Outsmart Your Unconscious Biases

Corporate State Tax Updates – June 2021

By Georgia Lo The following are recent significant State Corporate Tax developments for the month of June that may be of interest to estate and business planners, organized by state. California: On June 3, AB-71, regarding Global Intangible Low-Taxed Income and repatriation income, was moved to the inactive file. Colorado: On June 23, H.B.21-1311 was … Continue reading Corporate State Tax Updates – June 2021

Property or Financial Powers of Attorney

Prudent estate planning or a source of liability? By Paul Hood Property or financial powers of attorney (POAs) are ubiquitous in estate planning and with very good reason. The likelihood of becoming incapacitated prior to death is significantly greater than the risk of dying at any particular time.1 Therefore, the actuarial odds are that the … Continue reading Property or Financial Powers of Attorney

IRS Fails to Recognize Taxpayer Due Process Rights

By Kevin E. Packman The Treasury Inspector General for Tax Administration (TIGTA) conducted an audit for the time period of Oct. 1, 2018 through Sept. 30, 2019, to determine the manner in which IRS Collections issues IRS levies.1 The audit reported a number of problems. However, before reviewing the results from the TIGTA audit, it is … Continue reading IRS Fails to Recognize Taxpayer Due Process Rights

Corporate State Tax Updates – May 2021

Georgia Lo The following are recent significant State Corporate Tax developments for the month of May that may be of interest to estate and business planners, organized by state.  Alabama: On May 14, H.B. 588 was signed into law, providing credits to owners, members, partners, or shareholders of an electing pass-through entity in an amount … Continue reading Corporate State Tax Updates – May 2021

Corporate State Tax Updates – April 2021

Georgia Lo The following are recent significant State Corporate Tax developments for the month of April 2021 that may be of interest to estate and business planners, organized by state.  Arizona: On April 14, S.B. 1752 was signed into law, updating Arizona’s conformity to Internal Revenue Code (IRC) provisions regarding definitions of adjusted gross income … Continue reading Corporate State Tax Updates – April 2021