Estates & Trust Planning: The National Law Review

The TCJA (Tax Cuts Job Act) which was passed in 2017 greatly impacted tax law, and general estates and trusts for individuals which plan on devising property, money, or other possessions to loved ones. Estate planning and devising a trust are areas of the law which are highly regulated by regulatory law, tax law, and family law. Visitors to the National Law Review will learn about the latest developments in tax law, family law, and estate and trust law, and how these fields come together, as well as reading legal analysis on devising a legal trust, will, or estate plan.

The transfer of assets in anticipation of death has been greatly impacted by the new tax laws, allowing the trustor to redistribute assets and property, without major tax implications for themselves, or the receiving party. Visitors will learn about these developments, and other relevant news and stories relating to estate planning, probate planning, and litigation in this area of law. Additionally, the National Law Review features articles on how family businesses can create a succession plan and otherwise plan for the future, as well as information on specialized circumstances like creating a will or a trust for a family member with special needs.

Hot issues including will contests, business succession planning, creating a charitable trust, durable powers of attorney, creating revocable and irrevocable trusts, generation-skipping transfer tax (GST), estate taxes, and the distribution of trust assets, are among the many stories covered for visitors on the National Law Review. Further, details about gift taxes, federal taxes, and other taxes which may arise under the American Taxpayer Relief Act, are also covered by the National Law Review. Any IRS details and areas of estate planning and probate which might be covered under the Internal Revenue Code (IRC), are also topics visitors can read about on the website.

For hourly updates on the latest news about family custody & divorce laws, estate planning, and trust regulations and legislation, be sure to follow our Family & Estate Planning Law Twitter feed, and sign up for complimentary e-news bulletins.

Date	Title	Organization
23 May	Court Holds That Initialing A Will Is Sufficient To Meet The Execution Requirement	Winstead
17 May	Revocable Trusts – Separating Fact from Fiction	von Briesen & Roper, s.c.
15 May	Texas Supreme Court Dismisses Claims By Co-Trustee And Beneficiary Due To Statute Of Limitations And Clarifies That An Unnamed Contingent Beneficiary Can Have Standing To Sue	Winstead
10 May	In the Crosshairs: Guns in Estate Planning	Davis\|Kuelthau, s.c.
29 Apr	Appellate Court Affirmed Receivership Order Where Appellant Waived His Complaints By Not Securing Rulings And By Not Challenging All Potential Grounds Upon Which The Order Was Based	Winstead
22 Apr	Court Affirms Orders Against A Trustee Granting Injunctive Relief And Appointing A Receiver	Winstead
22 Apr	Court Reversed Order Appointing Temporary Administrator Due To A Lack Of A Bond	Winstead
22 Apr	When Is a Deal a Deal?	Ward and Smith, P.A.
20 Apr	Probate & Fiduciary Litigation Newsletter - April 2022	Goulston & Storrs
13 Apr	Court Held That A Beneficiary’s Claims Against The Estate Of The Trustee Was Not Barred By Limitations	Winstead
11 Apr	Weekly IRS Roundup April 3 – April 9, 2022	McDermott Will & Emery
8 Apr	Favorable Changes to Estate, Gift and GST Tax Laws Under the Tax Cuts and Jobs Act	Mintz
5 Apr	Court Affirmed Admission Of Will To Probate Over Challenges To Testimony Based On Lack Of Medical Training By A Non-Medical Witness And From An Anesthesiologist	Winstead
5 Apr	Texas Court Held That Wife’s Trust Funds Were Her Separate Property And Was Not Converted To Community Property Despite Being Transferred To A New Trust	Winstead
30 Mar	Red Flags Indicating a Potentially Invalid Will	Stark & Stark
27 Mar	Appellate Court Held That It Did Not Have Jurisdiction Over A Probate Court’s Order Denying A Motion For Summary Judgment And Motion To Vacate Appointment Of A Successor Administrator	Winstead
25 Mar	The Internal Revenue Service (IRS) Issues Proposed Minimum Distribution Rules	Stark & Stark
16 Mar	Thinking of Establishing Florida Residency? What to Consider Before Changing Your Legal Residence	Varnum LLP
16 Mar	The Big Reveal: Corporate Transparency and What It Means for Pension Scheme Trustees	Squire Patton Boggs (US) LLP
14 Mar	Bankruptcy 101: The “Estate” and “Property of the Estate”	Nelson Mullins
13 Mar	Texas Court Rejects Trustee’s Objection to Personal Jurisdiction	Winstead
13 Mar	Court Affirmed Order Granting Injunction to Allow Successor Trustees to Manage a Business Owned By a Trust	Winstead
11 Mar	Make Estate Planning a Point of Focus in 2022	Ward and Smith, P.A.
4 Mar	Court Holds That Trust Was Not Ambiguous and Provided the Trustee Discretion in Making Income Distributions	Winstead
4 Mar	Key Tax Planning Rates for March 2022	Nelson Mullins
2 Mar	The Annual Exclusion for Gift Taxes has Increased to $16,000 – What Issues Should I Consider?	Stark & Stark
14 Feb	Court Reversed Summary Judgment Against Trustee Where Beneficiary’s Affidavit Evidence Was Conclusory	Winstead
14 Feb	Nearly 700 Reports Financial Abuse of Elders/Dependent Adults Received By DFPI	Allen Matkins Leck Gamble Mallory & Natsis LLP
14 Feb	Court Held That The Estate Planning Privity Rule Barred Granddaughter’s Claim For Malpractice Against Her Grandmother’s Attorneys Regarding The Failure To Execute A New Will	Winstead
10 Feb	IRS Provides Temporary Guidance on Stock Distributions by Publicly Offered RICs and REITs	Vedder Price
8 Feb	Removal of An Executor of An Estate	Stark & Stark
8 Feb	Power of Attorney: Useful, When Executed Correctly!	Strassburger McKenna Gutnick & Gefsky
2 Feb	Probate & Fiduciary Litigation Newsletter - February 2022	Goulston & Storrs
2 Feb	FDIC Modifies Deposit Rules for Trusts	Nelson Mullins
21 Jan	Separate Property Basics Part III: It’s Yours, But Could Be Mine	Varnum LLP
14 Jan	DOL Statement on Private Equity Investment Emphasizes Fiduciary Responsibility	Proskauer Rose LLP
10 Jan	FinCEN Seeks Guidance on Applying Corporate Transparency Act Reporting Obligations to Trusts and Estates	McDermott Will & Emery
6 Jan	Gift, Estate, and GST Tax Exclusion and Exemption Amounts: The Numbers Go Up!	Pierce Atwood LLP
3 Jan	Gift and Estate Tax Changes	Stark & Stark
2 Jan	Court Holds That Probate Court Had Jurisdiction Over Inter Vivos Trust Dispute And That A Beneficiary Waived A Complaint About A “No Liability” Order For A Trustee	Winstead
28 Dec	2021 Year-End Estate Planning Update	Much Shelist, P.C.
3 Dec	House Bill Proposes Changes for Estate Planning Under the Build Back Better Act; Senate Yet to Act	Varnum LLP
22 Nov	2021 Year-End Estate Planning Advisory	Katten
22 Nov	Counsel Fee Award When Contesting A Will	Stark & Stark
19 Nov	Court Affirms Decision That Executor Applicant Was Unsuitable For That Position	Winstead
19 Nov	Court’s Order Ending Family Allowance To Decedent’s Wife Was Reversed Due To A Lack Of Notice To The Wife	Winstead
12 Nov	Mezhprom v Lenux (2021) : When Should Offshore Trustees Participate in Foreign Proceedings?	McDermott Will & Emery
12 Nov	Build Back Better Act I, II, III: Current Version and Trusts and Estates	ArentFox Schiff LLP
29 Oct	When Congress Says, “Never Mind”, Does It Mean It? The latest news regarding changes to the Gift and Estate Tax Laws.	Davis\|Kuelthau, s.c.
22 Oct	Court Holds That Trust Owned Mineral Interests And Not The Settlor’s Wife	Winstead

May 24, 2022

Volume XII, Number 144

May 23, 2022

May 22, 2022

May 21, 2022

Estates & Trusts

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