by Manish C. Bhatia | Feb 28, 2011 | News + Trends
On January 31, Governor Pat Quinn signed into law the Illinois Religious Freedom Protection and Civil Union Act (the “Act”), effective June 1, 2011, which recognizes the members of a civil union in Illinois as having the same rights as the members of a “spousal...
by Manish C. Bhatia | Jan 31, 2011 | News + Trends
On January 13th, Illinois Governor Pat Quinn signed into law the Taxpayer Accountability and Budget Stabilization Act (the “Act”)—legislation that received significant national attention due to the 66% increase in state income tax. However, the Act also addressed the...
by Manish C. Bhatia | Jan 30, 2011 | News + Trends
Mark Madoff, son of the infamous “Ponzi” schemer Bernie Madoff, executed a Will in late 2007. According to the New York Post, the Will set aside assets in trust for Mark’s two children from a previous marriage and his daughter from his current marriage and left the...
by Manish C. Bhatia | Jan 29, 2011 | News + Trends
Elizabeth Edwards, who passed away on December 7, 2010, left a Will which made a significant omission. The Will, signed on December 1, 2010, just days before her death, makes no mention of her estranged husband and former presidential candidate, John Edwards. John...
by Manish C. Bhatia | Jan 1, 2011 | News + Trends
With the new year, we have new legislation providing updated Estate, Gift and Generation Skipping Transfer Tax provisions affecting decedents dying between January 1, 2010, and December 31, 2012. Congress has finally given us a long-awaited answer to the question of...
