What Do You Mean I Cannot Take that Money? Duties, Responsibilities, and Ethics for Fiduciaries and the Attorneys Who Advise Them

By Lisa C. Henry & Francis J. Rondoni Chestnut Cambronne PA Minneapolis, Minnesota1 2 With the recent trend to sue anyone and everyone, practitioners should be aware of potential liability for their client’s acts.  Along with claims for malpractice, courts are coming around to considering a legal practitioner being liable for his or her role in … Continue reading What Do You Mean I Cannot Take that Money? Duties, Responsibilities, and Ethics for Fiduciaries and the Attorneys Who Advise Them

Why Can’t My Brother-In-Law Bob Be the Executor of My Estate?

CONSIDERATIONS INVOLVING FIDUCIARY SELECTION By Stuart C. Bear Chestnut Cambronne Minneapolis, Minnesota 1 2 Fiduciary selection is crucial to the success of an estate and disability plan.  Even a great plan can go awry if a fiduciary fails to uphold his or her fiduciary duties or fails to follow the terms of the Will or Trust.  Add family … Continue reading Why Can’t My Brother-In-Law Bob Be the Executor of My Estate?

Gerry W. Beyer, Recent Cases: Intestacy, Wills, Probate, and Trusts (Aug. 30, 2019)

Gerry W. Beyer, Texas Tech University School of Law, has made available for download his article, Recent Cases: Intestacy, Wills, Probate, and Trusts. The Abstract is as follows: This article discusses judicial developments (mid-2018 to mid-2019) relating to the Texas law of intestacy, wills, estate administration, trusts, and other estate planning matters. The discussion of … Continue reading Gerry W. Beyer, Recent Cases: Intestacy, Wills, Probate, and Trusts (Aug. 30, 2019)

Art Crimes and Misdemeanors: Managing Risk in Estate Administration and in Appraisals of Stigmatized Art

By Sarah Moore Johnson, Esq. & Cindy Charleston-Rosenberg, ISA CAPP Misattributed and other forms of stigmatized artwork lurking in important estate collections is far more pervasive than generally appreciated by fiduciaries. If overlooked during the appraisal process, misattributed and unattributed works may result in significant wealth loss through overpayment of tax liability or depressed sale … Continue reading Art Crimes and Misdemeanors: Managing Risk in Estate Administration and in Appraisals of Stigmatized Art

Sharon Klein: New York Law Journal, Latest Legislative Developments: What Passed, What Didn’t, What’s Next

Sharon L. Klein, President, Family Wealth, Eastern US Region, Wilmington Trust, has made available for download her article, Latest Legislative Developments: What Passed, What Didn’t, What’s Next, published in the New York, Law Journal's Special Trusts & Estates Edition. The summary of the article is as follows: (a) comprehensive review of trusts & estates related … Continue reading Sharon Klein: New York Law Journal, Latest Legislative Developments: What Passed, What Didn’t, What’s Next

Emerging Issues for the Family Office

From taxation complexity to cyberthreats, what are today’s top concerns? By Randy Abeles, Tax Partner, RSM US LLP Family offices come in all shapes and sizes and the differences from one to another can be vast. And, yet family offices have common challenges—and opportunities—especially in today’s dynamic business environment. From addressing the complexities of taxation … Continue reading Emerging Issues for the Family Office

Nicole K. Mann & Jane Zhao, Can You Keep A Secret? Working With Silent Trusts (Bloomberg)

Nicole K. Mann & Jane Zhao, of McDermott Will & Emery, have made available for download their article, Can You Keep A Secret? Working With Silent Trusts, published in the Tax Management Estates Gifts & Trusts Journal (2018). Their article discusses the potential benefits of silent trusts and considerations when managing and administering one as … Continue reading Nicole K. Mann & Jane Zhao, Can You Keep A Secret? Working With Silent Trusts (Bloomberg)