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Category: Taxation Law
Wills, Trusts and Estates Prof Blog - May 23, 2012
Estate Planning should ideally be a proactive event as opposed to a reactive event. All too often, estate planning becomes trying to react and salvage some tax benefits, but by that time, many opportunities may no longer be available. If...
Wills, Trusts and Estates Prof Blog - May 23, 2012
"My Last Wish" is an app that allows people to meet others who are dying, but have similar goals to achieve before they die. White Lotus Corporation developed this app for free to connect unknown people with different backgrounds who...
Wills, Trusts and Estates Prof Blog - May 23, 2012
Leslie Hicks cremated remains went into space aboard the Falcon9/Dragon. She was a fan of space and it was her wish to travel to as many places as possible. On this journey, Leslie should orbit the Earth for at least...
Wills, Trusts and Estates Prof Blog - May 23, 2012
Former president Regans blood residue from John Hinckley jr.s failed assassination attempt is on auction in Britain. The blood is in a vial that had Regans patient ID and name on it. A lab worker at Bio Science laboratories did...
Wills, Trusts and Estates Prof Blog - May 23, 2012
Reese Witherspoon and her mother, Mary Witherspoon, petitioned a court to grant a conservatorship over her father, Dr. John Witherspoon. Her father, a 70 year old man, reportedly married another woman, Patricia Taylor. Mary Witherspoon alleged that Taylor married her...
Wills, Trusts and Estates Prof Blog - May 23, 2012
The ABA's Section of Real Property, Trust, and Estate Law will sponsor a 41.75 hour CLE from July 8 through July 13 entitled Skills Training for Estate Planners. This CLE describes itself as, "an intensive estate planning program for young...
Wills, Trusts and Estates Prof Blog - May 23, 2012
A court sentenced Thomas Parkin to 13 years in prison for grand larceny and mortgage fraud. Parkin conducted a scheme to defraud the government out of $ 44,000 in Social Security funds. In addition, Parkin also committed real estate fraud...
Wills, Trusts and Estates Prof Blog - May 23, 2012
A person might want to consider leaving personal access information to a loved one to ensure that person's family can access his or her online email accounts. If a person does this, it is probably a good idea to leave...
Wills, Trusts and Estates Prof Blog - May 22, 2012
Smart Money points out an often overlooked reason to use annuities in your retirement portfolio to safeguard yourself in the event that you become cognitively impaired. The average person is his or her mid-80s ends up with some form...
Wills, Trusts and Estates Prof Blog - May 22, 2012
Death is certain to come for us all. In light of this, JD Supra lists five reasons you should create an estate plan. They are as follows: 1. You can make decisions about the disposition of your assets; otherwise, state...
Wills, Trusts and Estates Prof Blog - May 22, 2012
The IRS has approved non-profit status for a new insurance company that is designed to help land-conservation trusts with the legal costs of fighting property owners who ignore land-use restrictions. The national Land Trust Alliance created the company, Terra Firma,...
Wills, Trusts and Estates Prof Blog - May 22, 2012
Eighteen months after her husbands death, Karen Capato used her husbands frozen sperm to give birth to twins through in vitro fertilization. Karen then applied for Social Security survivors benefits for the twins, but the Social Security Administration (SSA) denied...
Wills, Trusts and Estates Prof Blog - May 22, 2012
A seller recently placed the blood of the late-President Ronald Reagan up for sale. The seller came into possession of President Reagan's blood through an inheritance that he received from his mother. His mother worked at the hospital that the...
Wills, Trusts and Estates Prof Blog - May 22, 2012
While most Congressmen, even those who are members of the same party, do not agree on many of the issues that are facing this nation, most Democratic Congressmen are united on the issue of taxes. Most, if not all, of...
Wills, Trusts and Estates Prof Blog - May 22, 2012
An elderly woman reported to the police that her late-husband's van was stolen from her front yard. She filed a police report that the vehicle was stolen from her property, but otherwise indicated that there was no sign that a...
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