by Manish C. Bhatia | Aug 1, 2010 | News + Trends
On July 13, 2010, former New York Yankees owner, George M. Steinbrenner III, passed away, leaving behind his wife, four children and an estate estimated to be worth $1.1 billion (Forbes). Based on this estimate, Steinbrenner’s estate is potentially saving...
by Manish C. Bhatia | May 1, 2010 | News + Trends
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 in case of the owners disability or death. In...
by Manish C. Bhatia | May 1, 2010 | News + Trends
– 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 held that the FLP...
