Results for Estate and Trust Litigation

Individual Retirement Accounts are tax-deferred accounts that, if handled properly, can be an effective vehicle for retirement and can be passed on to a surviving spouse or other heirs while retaining the deferral of income tax. The new IRA rules enacted a few years ago provide post-mortem planning opportunities in an area that previously had little flexibility. To take full advantage of these new opportunities, IRA owners and their professional consultants must pay special attention to the planning details. A lack of proper attention to details can have near disastrous results. The purpose of this article is to point out some potential perils and pitfalls.

"Vergara Embryo Trust Enables Forum Shopping by Ex-Fiancé" Actress Sofia Vergara’s ex-fiancé Nick Loeb is using a trust as a procedural loophole to move the parties’ dispute over their embryos to a favorable jurisdiction. If he is successful, he will create a monumental precedent enabling litigants in embryonic disputes to have a “back door” into “pro-life” jurisdictions. Loeb filed the case on Dec. 7 in Jefferson Parish, Louisiana, naming the embryos “Emma” and “Isabella” as plaintiffs. Loeb seeks declaratory judgment directing the embryos to be implanted in a surrogate, so that they can receive an interest in a Louisiana trust.