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July 17, 2012 |

Administrators Seek Comment on Plan for Practice Caretakers

The proposed rules establish a process for the court to designate a caretaker in the temporary management and closure or sale of a law practice on behalf of an attorney who has died, retired, faced discipline such as suspension or disbarment, is incapacitated or is otherwise unable to practice law, permanently or temporarily.
4 minute read
September 20, 2002 |

Court Finds Irrevocable Trusts Not Part of Medicaid Eligibility

A federal judge in New York judge has found that a common provision in an irrevocable trust that reserves a limited power of appointment does not render the assets of the trust available and therefore part of the Medicaid-eligibility equation. The decision is the first federal court ruling on the issue and a major victory for trust and estate lawyers and their clients.
4 minute read
August 05, 2005 |

Elderly Spouses Gain Assets Protection

The 2nd U.S. Circuit Court of Appeals has upheld the doctrine of spousal refusal - an estate-planning technique that will allow elderly spouses to keep their homes and other assets longer, even when their impoverished spouse is in a nursing home paid for by Medicaid.
6 minute read
January 07, 2013 |

Law Spares Attorney From Debt, Panel Finds

A Buffalo lawyer who ran up a $125,000 debt on a credit line and then dissolved his professional service limited liability company and started a sole proprietorship cannot be held liable for the arrears under the de facto merger doctrine, the Fourth Department has held.
7 minute read
January 30, 2013 |

LegalTech Day One: Relativity 8, Statistical Sampling, Law Firm Security

E-discovery system scalability and statistical sampling, computer security, and U.S. Supreme Court justices all garnered the attention of legal professionals at LegalTech New York on Tuesday.
6 minute read

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