When It Comes to Taxes, It’s “Pay Now, Litigate Later”
- by Lynda I. Chung
Despite what a university, its lawyers and a Superior Court thought, an appellate court ruling has confirmed that 12 months really means 12 months.
Avoiding Income Tax on the Sale of An Appreciated Asset
- by Philip S. Magaram
The Charitable Remainder Unitrust, commonly known as a "CRUT," can benefit charity, and the grantor, at the expense of Uncle Sam.
Getting Everyone Under The Umbrella
- by Jacqueline D. Yu
If you watch police dramas on TV, you are sure to have seen this plot twist: the suspect tells his lawyer something the police really want to know. But the cops can’t force the lawyer to give them the information, because of “attorney-client privilege.”
Battling in the Court of Public Opinion
- by M. Laurie Murphy
Some do it for strategic reasons. Others may just like the publicity. But it’s certainly not unusual today for lawyers involved in lawsuits to argue the merits of their cases on TV or radio, or to a newspaper reporter. What are the limits of these attempts to prevail in the court of public opinion?
A Trustee Is Not A Babysitter
- by Lynda I. Chung
What are the limits of a trustee’s obligations to the beneficiaries of a trust? When an unhappy beneficiary lost her home to foreclosure, she sued the administrators of a trust set up by her father for her and her siblings, alleging the trustees had breached their fiduciary duty.
Give Your Estate Plan a New Year’s Checkup
- by Jacqueline D. Yu
January is a great time for making resolutions: eat better, get to the gym more often, be nicer to your in-laws...and make sure your will, trust and other estate planning documents are up to date. That annual checkup should take less time and effort than other items on your list, and both you and your heirs will be happy you did it.