Wills, Trusts, & Estate Planning, Residential Real Estate

Hidden State Tax Trap On Real Estate

by Patrick Lannon | Bilzin Sumberg Baena Price & Axelrod LLP on 5/9/2013

Miami residents have a long history of escaping to cooler climates during the summer months. While the advent of central air conditioning has made regular visits to the north more of a luxury than a necessity, vacation homes...more

Oil And Gas Law Insight: With Oil Reserves Estimate Doubled In Williston Basin, Opportunities For Growth Abound

by Jannelle Steger Combs | Leonard, Street and Deinard on 5/9/2013

The U.S. Geological Survey has doubled its previous estimate of the amount of recoverable oil within the Williston Basin to 7.4 billion barrels. While the Bakken formation is still a star in the play, the potential of the...more

Tax Law Blog: Disclaiming an Inheritance

by Jana M. Luttenegger | Davis Brown Law Firm on 5/8/2013

Most of the time, people are pleased to accept an inheritance. However, there are many reasons to not want the inheritance. For example, in small estates, you may receive a home that comes subject to a mortgage, and you...more

Sweeping Maine Tax Reform Proposal Announced

by Sarah Beard, Jonathan Block, Kris Eimicke | Pierce Atwood LLP on 5/3/2013

A bipartisan group of 11 legislators have proposed an overhaul of Maine’s tax system, including major changes to the individual and corporate income tax, property tax, sales tax, and estate tax. ...more

Considerations For International Clients Who Intend to Buy A Home In the U.S.

by Amy McEvoy | Sheppard Mullin Richter & Hampton LLP on 4/23/2013

International buyers invested $82.5 billion in U.S. residential real estate (4.8% of total U.S. sales) according to the most recent survey conducted by the National Association of Realtors for the 12 month period ending with...more

Watch For Excess Proceeds Following A Trustee Sale

by Valerie Marciano | Jaburg Wilk on 3/27/2013

Believe it or not, Arizona land owners are seeing a change in the real estate landscape, perhaps only a slight change, but a change nonetheless. While Arizona law has not changed, marketplace improvement has triggered the...more

Should You Consider Downsizing Before Retirement?

by Ronald Adams on 3/14/2013

That's not a simple question to answer, as you balance the benefits of a lower cost of living with the realities of a soft real estate market and the emotional aspects of selling the family home ...more

New Jersey Estate Litigation: The Availability of Punitive Damages

by Christopher Massaro | Cole Schotz on 3/7/2013

In In re Stockdale, the New Jersey Supreme Court addressed the availability of punitive damages in estate disputes involving undue influence claims. 196 N.J. 275 (2008). ...more

Insight on Estate Planning - February/March 2013

by Adler Pollock & Sheehan P.C. on 2/26/2013

In This Issue: - Fiscal cliff deal brings some certainty to estate planning - Strong governance enhances a family business’s value - Should you donate life insurance to charity? - Estate Planning Pitfall -...more

Cottage Properties & Estate Planning

by Matthew J. Wilson | Lerners LLP on 2/26/2013

The family cottage has become one of the most contentious assets in estate planning and litigation, probably as a result of the emotional bonds that are attached to it. Commonly, cottage owners wish to ensure that the cottage...more

Insight on Estate Planning - February/March 2013: Estate Planning Pitfall - Transferring home ownership to your children

by Adler Pollock & Sheehan P.C. on 2/25/2013

Many people mistakenly believe they can transfer their home to their children while retaining the right to continue living in it for the rest of their life, and remove a substantial portion of the home’s value from their...more

The Fein Print - February 2013: Real Estate Tax Appeals, Financial Powers For College Students, Fiscal Cliff

by Fein, Such, Kahn & Shepard, P.C. on 2/25/2013

In This Issue: - Ask Us - Tax Appeals - Parental Authority - At 18, "You Don't Rule Me" Rules - The Fiscal Cliff Showdown - What It Means To Your Real Estate Plan - Excerpt from Parental Authority - At 18, "You...more

Widow Foreclosure Catch-22 [Video]

by Lawyers.com on 2/20/2013

Losing a spouse is a very difficult time for most people. Imagine how difficult it would then be to lose the house you shared to foreclosure. Banks are under legal obligation to help avoid foreclosure by using loan...more

Illinois Supreme Court Announces Two Civil Opinions to Be Filed Friday

by Kirk Jenkins | Sedgwick LLP on 1/23/2013

This afternoon, the Illinois Supreme Court announced that it will file two new civil opinions on Friday morning: Poris v. Lake Holiday Property Owners Association, No. 113907 – (1) May a property association authorize...more

A Cautionary Tale On Holding Title: Marriage License Does Not Override Domestic Partnership Agreement

by Tara C. Narayanan | Miller Starr Regalia on 1/23/2013

A recent case, the Estate of Wilson, 2012 WL 6216869 (1st Dist. 2012), illustrates generally why escrow holders should avoid giving advice to parties to an escrow on how to take title to real property...more

UK property tax changes: “de-enveloping” or a use of a trust?

by Henry Mander, Colin Riegels | Harney Westwood & Riegels on 1/21/2013

It has long been popular for high net-worth people who are not domiciled in the United Kingdom (“non-doms”) to form an offshore company, often in the British Virgin Islands (“BVI”), for the purposes of holding property in the...more

Using the Reg. S Exemption for Foreign Investors

by The California Securities Attorneys on 1/9/2013

Using Reg. S is useful when the issuer does not want to be limited by the restrictions of Rule 506. With a Rule 506 offering all investors must be either accredited or sophisticated, and there is a limit of 35 non-accredited...more

Bill To Prevent Cottage Uncapping Signed Into Law

by Christopher J. Caldwell, Laura E. Radle | Varnum LLP on 1/4/2013

On December 27, 2012, HR-4753 was signed into law by Michigan Gov. Rick Snyder....more

HR-4753: An Early Christmas Gift For Michigan Cottage Owners!

by Christopher J. Caldwell, Laura E. Radle | Varnum LLP on 12/21/2012

On December 14, 2012, House Bill 4753 was ordered enrolled by the Michigan legislature. As discussed in our earlier blog, "Proposed Legislation to Prevent Cottage Uncapping - A Benefit to Cottage Owners? Or a Curse in...more

Using Finders to Locate Investors – Bruce E. Methven

by The California Securities Attorneys on 12/11/2012

A number of years ago the SEC effectively banned the use of finders to locate investors for securities offerings that cross state lines. Still, a few states allow finders for their intrastate offerings (offerings made...more

Points & Authorities - Fall 2012

by Buchalter Nemer on 12/6/2012

In This Issue: - The Innovative Design Protection Act: Bound for Success or Doomed to Fail? - Strategic Licensing Considerations - New Faces - Points from the President - Think Again Before Walking Away from...more

Fideicomisos, Foreign Trust Reporting, and the Sphinx

by Thomas Brown on 11/27/2012

No Form 3520-A has ever been completely and correctly filed for a real estate fideicomiso: Revenue Ruling 92-105 established in 1992 that a real estate fideicomiso is not a trust for U.S. federal tax purposes. ...more

Maryland Homestead Property Tax Break

by Walter R. Calvert, Tammara F. Langlieb | Venable LLP on 11/19/2012

Maryland homeowners eligible for the Maryland Homestead Property Tax Credit need to file a one-time application by December 31st with the State in order to continue to take advantage of this benefit. The Maryland Homestead...more

Wealth Management Update - November 2012

by Proskauer Rose LLP on 11/16/2012

In This Issue: - November Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts - Keller v. United States, 5th Cir., No. 10-41311 (09/25/12) -...more

Public Advertising of California Qualification by Permit Offerings

by The California Securities Attorneys on 11/15/2012

Although it takes more time and effort than other types of offerings, a California qualification by permit (25113) offering has major advantages in terms of allowing public advertising and having low investor requirements. ...more

Home

Legal News

Find a Lawyer

Browse Subjects

Subscribe

Pro Services

For Reporters

Wills, Trusts, & Estate Planning › Residential Real Estate

Hidden State Tax Trap On Real Estate

Oil And Gas Law Insight: With Oil Reserves Estimate Doubled In Williston Basin, Opportunities For Growth Abound

Tax Law Blog: Disclaiming an Inheritance

Sweeping Maine Tax Reform Proposal Announced

Considerations For International Clients Who Intend to Buy A Home In the U.S.

Watch For Excess Proceeds Following A Trustee Sale

Should You Consider Downsizing Before Retirement?

New Jersey Estate Litigation: The Availability of Punitive Damages

Insight on Estate Planning - February/March 2013

Cottage Properties & Estate Planning

Insight on Estate Planning - February/March 2013: Estate Planning Pitfall - Transferring home ownership to your children

The Fein Print - February 2013: Real Estate Tax Appeals, Financial Powers For College Students, Fiscal Cliff

Widow Foreclosure Catch-22 [Video]

Illinois Supreme Court Announces Two Civil Opinions to Be Filed Friday

A Cautionary Tale On Holding Title: Marriage License Does Not Override Domestic Partnership Agreement

UK property tax changes: “de-enveloping” or a use of a trust?

Using the Reg. S Exemption for Foreign Investors

Bill To Prevent Cottage Uncapping Signed Into Law

HR-4753: An Early Christmas Gift For Michigan Cottage Owners!

Using Finders to Locate Investors – Bruce E. Methven

Points & Authorities - Fall 2012

Fideicomisos, Foreign Trust Reporting, and the Sphinx

Maryland Homestead Property Tax Break

Wealth Management Update - November 2012

Public Advertising of California Qualification by Permit Offerings

Widow Foreclosure Catch-22 [Video]

Expand Your Reach