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Tag Archives: Wills & Trusts

Estate tax bill passes (access required)

A bill that exempts estates smaller than $5 million ($10 million for married couples) from the federal estate tax, and creates a maximum estate tax rate of 35 percent, has passed the House and Senate and is expected to be ...

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Congress set to pass two-year patch for estate tax (access required)

WASHINGTON – For years, estate-planning attorneys have been aiming at a moving target, as they faced uncertain laws that literally changed from year to year until the federal estate tax disappeared completely in 2010. “I’ve never seen anything like it ...

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Wills & Trusts – Trust Asset Distribution – Limitations – Laches (access required)

A plaintiff who is unhappy with defendant Bank of America’s handling of a marital trust of plaintiff’s mother, to be distributed to plaintiff and his sister after the mother’s death in 2003, has waited too late to pursue his claims ...

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Wills & Trusts – Contract For Will – Parol Contract – Damages (access required)

Although decedent executed a 1987 will in accordance with her alleged parol contract to give her home to plaintiff and her husband in exchange for lifelong care, a Norfolk Circuit Court says plaintiff cannot sue for damages on the alleged ...

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