News
Arbitration Clauses in Wills
8+ hour, 22+ min ago (311+ words) We have learned that President George Washington's last will and testament contained an arbitration provision and thorough discussion about how the arbitrators were to be selected and their roles. The concept is not new, and we believe a thorough legislative…...
With Strings Attached: New Jersey Courts Enforce Donor Conditions on Gifts and Trusts
2+ week, 7+ hour ago (230+ words) These decisions serve as important guides for practitioners who advise New Jersey's donors, charitable organizations, municipalities, and trustees about the legal obligations that arise when conditional gifts are made and accepted. When the client has died and something may have…...
Electronic Wills Come to New York
4+ mon, 1+ day ago (161+ words) On the occasion of the New York State Bar Association's 150th anniversary, from Jan. 13 to Jan. 16, 2026, members present insights, developments, and innovative perspectives shaping the future of the legal profession. Rather than make what he called an "aesthetic change" to the…...
How Much is Too Much? A View on Concentration of Assets in Trusts
3+ week, 2+ day ago (278+ words) This article discusses the risks of asset concentration in trust management, using the case of Lincoln First Bank as an example. The bank was liable for failing to diversify a large Kodak stock holding, which plummeted in value. Trustees have…...
OIG Advisory Opinion 26-04: ASC Ownership Transfers, Retirement and Estate Planning, and AKS Risk Mitigation
3+ week, 3+ day ago (157+ words) Law. com The 2025 Am Law 100 Rankings The Am Law 100 is the definitive ranking of the 100 largest law firms in the United States. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. Real-time alerts on new…...
Making GRATs Great: Sophisticated Estate-Planning Strategies to Optimize Grantor Retained Annuity Trusts
1+ mon, 1+ day ago (226+ words) GRAT planning can be optimized by utilizing rolling GRATs, monitoring GRAT performance and utilizing certain retained "swap" powers, structuring the GRAT with transfers of limited liability company interests, and other sophisticated strategies. When it's time to allocate assets in a…...
New York Estate Planning & Administration: Wills and Revocable Trusts'What You Should Know
4+ mon, 7+ hour ago (228+ words) Estate planning varies by individual. Wills are public, slow, and only control assets in your name, while revocable trusts are private, quicker, and only cover assets transferred into them. The right choice depends on your family, assets, and goals. Consult…...
Qualified Domestic Relations Orders Play Key Role in Distribution of Retirement Assets in Divorce
1+ mon, 1+ week ago (164+ words) When it's time to allocate assets in a divorce, a qualified domestic relations order (QDRO) is required to transfer assets from one spouse's retirement account to another without triggering penalties and taxes. Most individuals, and even some attorneys, are unfamiliar…...
Maryland Child Support Law in 2026: A Guidelines System Adapts to Blended Families
1+ mon, 3+ week ago (192+ words) An overview of the state's child support "landscape," including the Multifamily Adjustment Law. Judges Shirley Troutman and Madeline Singas, both of whom were joined by Judge Michael Garcia, wrote separate dissents that suggest child victims in New York are less…...
Estate Planning Strategy for Women Clients: Meeting the Legal Needs of Women Across Four Generations
2+ mon, 5+ day ago (204+ words) This article discusses the legal needs of women across four generations, examines why estate plans frequently remain unfinished, and presents a three-part practical framework for building a practice better aligned with today's clients. Questions? Contact an Account Specialist at groupsales…...