Estate Planning Awareness Week 2022October 17, 2022
Why Estate Planning Awareness Week? In 2008, Congress designated the third week of October (October 17-23, 2022) as National Estate Planning Awareness Week as a reminder to the public of the importance of estate planning. Having a proper estate plan is important to ensure that you and your loved ones are taken care of. When done well, estate planning aims…
Prejudgment Freezing Orders in the US To Combat Evasive Debtors in the Current Pandemic EnvironmentJanuary 14, 2021
The 2021 pandemic environment is showing trends toward evasive debtors trying to protect their wealth by moving assets fluidly around the world as creditors evaluate the value of assets and the ability to recover claims and debts.
Trusts and Estates Checklist of Information to be MaintainedFebruary 27, 2020
The first step in implementing your estate planning is to prepare lists of personal and financial information. These should include lists of assets, estate planning documents, personal information, important people and personal directives. Once gathered and organized, keep the information up-to-date and stored in a safe place...
Letters of Wishes: An Administrative and Moral Headache in Disguise?February 4, 2020
Trustees may have difficulties determining whether to make distributions when the grantor’s intentions are unclear.
Recycle Your Charitable DollarsJune 6, 2014
For private foundations interested in a "return on investment" on the distribution of their foundation's charitable dollars (that is, a return beyond the satisfaction of doing good), Program Related Investments ("PRI's") are generally the tool of choice. A PRI can be counted as part of the foundation's required 5% annual distribution provided that the investment accomplishes one or more the foundation's charitable purposes, is not made to achieve a significant investment return, and is not used for lobbying or political campaigns...