(Due to Copyright Restrictions, LISI is not able to provide Reprints of these articles)
Slaying Contingent Beneficiaries
Kevin Bennardo - University of Miami Business Law Review
Legislative Approaches to Trust Arbitration in the United States
Lee-ford Tritt - Arbitration of Internal Trust Disputes: Issues in National and International Law
The Domestic Asset Protection Trust and its Federalism Implications
Alexander B. Shiffman - Cardozo Public Policy and Ethics Journal
Digital Assets and Intestacy
Laura McCarthy - Boston University Journal of Science and Technology Law
The Fast Act Could Really Slow You Down
Gregory J. Dean - Tax Management Estates, Gifts and Trusts Journal
Special Report: Summaries from the 2016 Heckerling Institute
Special Report: Summaries from the 2015 Heckerling Institute -- 1/05/2015
Clark Decision Complicates Planning for IRA Owners -- 6/12/2014
Quick Take: Recent Cases Allow Probate of Electronic Wills -- 2/14/2014
Special Report: Summaries from the 2014 Heckerling Institute -- 1/10/2014
Map: State Estate and Inheritance Taxes
Tennessee repealed its estate tax (confusingly called an inheritance tax by the state) this year, the culmination of a multi-year phase-out, and Indiana completed the repeal of its inheritance tax in 2013. Maryland and New York are in the process of phasing in new, higher estate tax exemptions, eventually matching the federal exemption level ($5.9 million) by 2019. Minnesota is in the process of doubling its exemption from $1 million to $2 million over five years. The District of Columbia is slated to phase in higher exemptions to the estate tax as new revenues become available.
PRACTICAL Tool - American Bar Association
The PRACTICAL Tool aims to help lawyers identify and implement decision-making options for persons with disabilities that are less restrictive than guardianship. It is a joint product of four American Bar Association entities – the Commission on Law and Aging, Commission on Disability Rights, Section on Civil Rights and Social Justice, and Section on Real Property, Trust and Estate Law, with assistance from the National Resource Center for Supported Decision-Making.
“PRACTICAL” is an acronym for nine steps for lawyers to identify these options. The lawyer can use the PRACTICAL checklist of steps during the client interview and immediately after to assist in case analysis. The steps blend in naturally with the case interview process. Lawyers serving in different roles may use the steps differently.
Traditional and Roth Individual Retirement Accounts (IRAs): A Primer -- CRS
This Congressional Research Service report explains the eligibility requirements, contribution limits, tax deductibility of contributions, rules for withdrawing funds from the accounts, and provides data on the account holdings.
Report on Elder Financial Abuse -- 2015
The True Link Report on Elder Financial Abuse 2015, reveals that seniors lose $36.48 billion each year to elder financial abuse — more than twelve times what was previously reported.
The Giving Gap -- Fidelity Charitable
This survey report looks at the awareness and use of charitable giving methods and vehicles among a uent and high-net-worth donors, and how wealth, stage of life, age, and advisor rela onships impact how they give.