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A Georgia Court of Appeals determined that a settlor validly amended her living trust through the execution of a durable power of attorney during her lifetime.

May 2020 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts AFRs

educing perceived wealth disparity in the United States has become a major political goal of the Biden Administration and the Democratic Party.

Delaware Governor John C. Carney recently signed House Bill 406 ("Trust Act 2022") into law. The legislation includes the following highlights:

Trusts are often used by successful families to provide for long term succession planning and centralized asset management.

Congress enacted the Corporate Transparency Act (the "Act") on January 1, 2021 to collect information on owners of and those who control corporations...

On March 26, 2021, Judge Maryellen Noreika of the U.S. District Court for the District of Delaware dismissed a lawsuit brought by the Consumer Financial Protection Bureau ...

FinCEN's residential real estate rule will become effective on March 1, 2026, and requires certain professionals involved in real estate closing and settlements to submit...

Due to concerns about the potential use of foreign trusts and gifts as a means to access the proceeds of unreported income, the Internal Revenue Code (the "Code") and related regulations...

The Corporate Transparency Act (the "CTA") takes effect on January 1, 2024, and imposes federal reporting requirements for certain legal entities, the people who beneficially own or control such entities...

As the Silent and Baby Boomer generations transfer an estimated $84.4 trillion in wealth through 2045, estate planning attorneys anticipate a surge in probate disputes driven by complex family structures, cognitive decline, and DIY estate documents. This analysis examines the key factors fueling the Great Wealth Transfer litigation wave and explores proactive strategies families can employ to minimize future conflicts.

On March 19, 2024, the Third Circuit handed down a decision that statutory trusts used as issuing entities for securitizations are considered "covered persons" for purposes of the Consumer...

In 2022, the Delaware legislature passed a number of amendments to the state's "alternative entity" statutes—the Delaware Revised Uniform Partnership Act , the Delaware Revised Uniform Limited Partnership Act, ...

The Corporate Transparency Act (the "Act") was enacted by Congress on January 1, 2021 as part of the National Defense Authorization Act, overriding then-President Trump's earlier veto.

In what may represent a sea change in Pennsylvania’s long-standing reliance on a trust settlor’s in-state residency to impose Pennsylvania income tax on the trust, the Commonwealth Court of Pennsylvania held the taxation of a Delaware trust to be unconstitutional.

The holidays always put me in the mood for giving, and I hope to continue that charitable spirit into the New Year with this post on charitable remainder trusts (CRTs).

Washington State's Trust and Estate Dispute Resolution Act (TEDRA) offers a flexible, efficient framework for resolving trust and estate conflicts without full-scale litigation. This comprehensive guide examines TEDRA's procedural mechanisms, dispute resolution tools, and practical applications for fiduciaries, beneficiaries, and legal practitioners navigating estate-related disputes.

The Corporate Transparency Act (CTA) generated substantial commentary throughout 2023 as businesses and advisors worked to determine compliance and reporting burdens imposed by the Act in advance of its January 1, 2024 effective date.