Pet Trusts in Illinois
By: Manish Bhatia | Tags: Gifting Strategies | No Comments
1st May 2010
Illinois pet owners are allowed to set aside funds and name caretakers for their pets by establishing a trust specifically for the benefit of one or more pets. A Pet Trust allows the owner to provide for the pet’s care … more
Another Piece of the Family Limited Partnership Puzzle
By: Manish Bhatia | Tags: Crummey Notices, Gifting Strategies, Minimizing Estate Tax | No Comments
– The Indiana District Court has provided another nugget of guidance regarding the organization and operation of a Family Limited Partnership (FLP). In John W. Fisher and Janice B. Fisher v. United States of America (March 11, 2010), the court … more
Dear colleagues and friends, welcome to the first newsletter from my desk. I have recently launched my own solo practice focusing on estate planning, beginning with the core documents consisting of a Will, Revocable Living Trust and Powers of Attorney, … more
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