Trusts & Estates

  • The Legal Intelligencer

    2023 Year-End Tax Planning Guidance and Tips

    By Amy Neifeld Shkedy and Rebecca Rosenberger Smolen | December 18, 2023

    As we reach the end of the year, it is a good time to focus on addressing year-end tax planning. At this late juncture, many of our clients (and, hopefully, readers too) have already started to implement or, at least, think about year-end planning.

    9 minute read

  • Connecticut Law Tribune

    Defense Counsel Seeks $98,000 in Reimbursement of Legal Fees

    By Emily Cousins | December 13, 2023

    According to the complaint, the plaintiff "repeatedly" asked the defendant to reimburse attorney fees and costs from the prior action, but no action has been taken and communication between the parties has not occurred since June 27.

    3 minute read

  • Texas Lawyer

    Disputed Naming Rights to a Library Persist in Courts After 3 Decades

    By Adolfo Pesquera | December 13, 2023

    The opinion, written by Justice Rosa Lopez Theofanis, agreed with the Hugheses' lawyers that the claim accrued in 2011 when the commissioners court named the library after the Stephenses.

    5 minute read

  • New Jersey Law Journal

    Appellate Decision Should Remind Divorcees To Update Beneficiaries

    By Jennifer Weisberg Millner and Robert F. Morris | December 8, 2023

    Divorce can be a challenging and emotionally draining experience, leaving soon-to-be-ex-spouses with many legal and personal matters to resolve. Amidst all the turmoil, it is vital for individuals going through a divorce to understand the significance of updating their beneficiaries on their various accounts and financial instruments. Failing to do so after a divorce is final can have serious consequences.

    9 minute read

  • New York Law Journal

    Year-End Review: Fourth-Quarter Decisions Affecting the Trusts and Estates Field

    By Ilene Sherwyn Cooper | December 1, 2023

    As 2023 draws to a close, we consider some of the decisions in the fourth quarter affecting the field of trusts and estates. Of particular note are the opinions discussed below addressed to such issues as contracts to make a will, in terrorem clauses and termination of trusts.

    9 minute read

  • The Legal Intelligencer

    Corporate Transparency Act: It's Time for Estate Planners to Start Paying Attention

    By Justin H. Brown and Wesley R. Robinson | November 10, 2023

    Reporting companies will need to file beneficial ownership information (BOI) reports using FinCEN's beneficial ownership secure system, which has yet to go live on FinCEN's website, to report the BOI of the beneficial owners of a reporting company.

    10 minute read

  • Connecticut Law Tribune

    Supreme Court Determines Breach of Fiduciary Duty Claims Against Trustee Survive Summary Judgment

    By Emily Cousins | November 9, 2023

    "Because the trial court incorrectly concluded that the defendant had no duty to protect and collect potential trust assets, such as the undistributed residuary assets at issue in this case, the court did not consider whether the plaintiffs adduced sufficient evidence to survive summary judgment on the issue of the defendant's alleged breach of her fiduciary duty," the opinion said. "Our review of the record reveals that genuine issues of material fact exist with respect to the allegations of the defendant's breach of fiduciary duty in the present case."

    4 minute read

  • New York Law Journal

    Globalization and Blurred Borders, Part One: Succession

    By David I. Faust | November 7, 2023

    Although international borders are becoming blurred where people, money and commerce move across the world with ease and dual citizenship is commonplace, there are still at least two areas where the lines on maps remain clear: taxes and succession. The more peoples' personal and business lives become globalized, the more important it is for them to be aware of both tax and succession consequences. This article will deal with succession; a subsequent article will deal with taxes.

    8 minute read

  • Daily Business Review

    A Father and Daughter Merged Their Boutiques Together After Leaving Big Law, Offering Flexible Fee Structure

    By Alexander Lugo | November 3, 2023

    "The attorneys who are going to join us are the attorneys who want to bet on themselves. They know what they are worth, and they want to be able to have agency over their time and over the type of work that they deliver to their clients," said Concepción Global partner Christine Concepción.

    3 minute read

  • New York Law Journal

    Surrogate's Court: Seeking Advice for Construction or Direction

    By C. Raymond Radigan and Margaret B. Rahner | November 3, 2023

    More often than not, it is the fiduciary that is looking for the court to tell them what to do or otherwise agree with what they want to do. In this article, C. Raymond Radigan and Margaret B. Rahner highlight the ambiguity in intent and uncertainty in the direction for the fiduciary to follow.

    6 minute read

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