Saturday, July 25, 2015

Foundation Brings Rare Suit Over Rescinded Pledge

Foundation Brings Rare Suit Over Rescinded Pledge - WealthManagement.com (JEH: This is a case against the estate of the Redken hair products founder over a $5 million pledge made in 2007 that was later revoked in 2013, allegedly based on the donor's displeasure with a change in the hospital's administration and its potential sale. As the article accurately points out, most charitable organizations do not litigate these types of cases, even if they could likely prevail, because of the perceived public relations price. A PDF version of the complaint is available here.)

Thursday, July 16, 2015

Why Your Married Clients Should Probably File Federal Estate Tax Returns

Why Your Married Clients Should Probably File Federal Estate Tax Returns (Regardless of the size of their estates) - WealthManagement.com ("In the past several years, federal estate tax exemptions, as low as $1.5 million as recently as 2005, have ballooned to the current level of $5.43 million (indexed for inflation)....")

Saturday, July 11, 2015

A New Tax Break for Married Couples

A New Tax Break for Married Couples - WSJ.com > Markets > Your Money > Tax Report (JEH: Overview of final regulations on federal transfer tax portability rules (the fundamental aspects of which were enacted in 2010 and made "permanent" in 2012), along with "crucial caveats," such as filing a federal estate tax return, IRS Form 706, after the first spouse's passing in order to make the portability election)

Friday, July 3, 2015

Independent Legacies: Wills of Our Founding Fathers

Independent Legacies: Wills of Our Founding Fathers ("The founding fathers provided a rich legacy for the nation, drafting and implementing key documents, such as the Declaration of Independence and the Constitution, that frame what is today’s governmental structure. But many of these same men also left behind wills that included bequests and estates that would go on to provide additional support.")

Friday, June 26, 2015

Florida Powerhouse: Holland & Knight - Law360

Florida Powerhouse: Holland & Knight - Law360 ("Law360, New York (June 24, 2015, 4:29 PM ET) -- One of Florida’s oldest and largest law firms, with a history that can be traced back to the end of the 19th century, Holland & Knight LLP notched its sixth year in a row of record profits and burnished its reputation for client service with key roles in some of the state’s biggest matters. With eight offices in the state, stretching from Florida’s capital to West Palm Beach, and more than 355 attorneys there — a third of its total head count — the firm has built on its home base to extend its reach across the U.S. and internationally, with a particular focus on Latin America.")

Saturday, January 24, 2015

The State of the States: 2014 | Estate Planning content from WealthManagement.com

The State of the States: 2014 | Estate Planning content from WealthManagement.com ("State legislatures have been very busy on a number of trust-and-estate-related fronts. Here’s an update on some key planning developments across the country, through Dec. 15, 2014.")

Sunday, January 11, 2015

Religious Institutions Update: January 2015

Religious Institutions Update: January 2015 | Alerts & Newsletters | Holland & Knight (JEH: Brief article on using integrated auxiliaries to protect the assets of churches and their associations/conventions)