588 results found

Private Client Services Associate Jacob Phillips authored an article for Wealth Management discussing two trust and estate related laws recently passed in California...

Clients are increasingly focused on whether to remain a California tax resident, whether they risk being treated as one unintentionally, and how to mitigate undesirable tax outcomes. Sensitivity to California’s taxes is not new, but the question of whether to stay or go comes up more frequently amid pandemicera moves, displacements from fires and other natural disasters, planning around liquidity events, and now Proposition 40, the proposed one-time wealth tax on billionaires, which reaches certain trusts as well.

Securitization trusts have typically provided for assignments of deeds of trust or mortgages to be completed in blank.

Generally, there is a specific statute of limitations governing trustee avoidance actions in a bankruptcy case.

A federal district court has ordered mutual fund trustees to produce privileged documents to a plaintiff who sued an investment adviser accused of charging excessive investment advisory fees.

Spurred by strong community support for permanent affordability, interest in community land trusts ("CLTs") has been growing at a rapid pace.

A typical trust fund statute provides that payments to a construction contractor are treated as funds held in trust until its subcontractors and suppliers have been paid.

The U.S. Treasury issued final regulations on July 9, 2026, modernizing the requirements for qualified domestic trusts (QDOTs) under Internal Revenue Code Section 2056A. These updated rules introduce new procedures, filing requirements, and security arrangements that estates must follow when a deceased spouse leaves behind a non-U.S. citizen surviving spouse, fundamentally changing how international couples navigate estate tax planning.

Section 1202 of the US tax code offers qualified small business stock (QSBS) holders the ability to exclude significant capital gains from federal income tax, with recent legislation raising the exclusion cap to $15 million per taxpayer for stock acquired after July 4, 2025. Strategic use of properly structured non-grantor trusts can multiply these tax benefits through "trust stacking" while simultaneously achieving substantial estate tax savings. Cross-border families and multinational founders must coordi

With the election of President Trump, the academic and main stream press has recirculated articles about the wealth of President Trump and his advisors.

The Spotlight had the pleasure of sitting down with Anne Paape, managing director and senior fiduciary counsel at Cresset and Cresset Trust Company, to talk about the historic transfer of wealth many countries are undergoing, ...

As a battle rages on in Nanterre, west of Paris, over the estate of Johnny Hallyday, who is best known as the "French Elvis", and spills out across the pages of the tabloid press in France,

Over the past month, fear surrounding the continued spread of the coronavirus (COVID-19) and a global financial crisis,...

Effective January 1, 2022, Hawai‘i will join 34 other states and the District of Columbia in adopting the Uniform Trust Code ("UTC").

Connecticut recently adopted new trust laws that go into effect on January 1, 2020.

For pet owners who consider their animals family members, a pet trust provides a legally enforceable mechanism to ensure continued care if the owner becomes incapacitated or dies. Both New Jersey and New York now explicitly authorize these arrangements, allowing funds to be set aside and trustees to be appointed with enforceable duties to act in the animal's best interests.

During the 2019 regular legislative session, the Connecticut General Assembly passed An Act Concerning the Connecticut Uniform Trust Code, also known as the UTC.

Washington State's Trust and Estate Dispute Resolution Act (TEDRA) grants courts broad discretion to shift attorneys' fees in trust and estate litigation, potentially exposing fiduciaries to personal liability when their conduct breaches fiduciary duties or unnecessarily prolongs disputes. Understanding the circumstances under which courts may order personal fee awards is essential for trustees, personal representatives, and beneficiaries navigating these complex disputes.