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Bankruptcy Court Sheds Light on MA Homestead Protection of Downstream Trust Beneficiaries

Suppose the following: Title to a home is held by Trust A. The beneficiaries of Trust A are three natural persons and Trust B. Trust B holds a 25% beneficial interest in Trust A. The sole beneficiaries of Trust B are Mom...more

Not All Property Acquired Post-Petition is Safe from Creditors

Although property obtained by a debtor after filing for bankruptcy is usually safe from creditors, a recent case from the Ninth Circuit Bankruptcy Appellate Panel allowed a Chapter 7 Trustee to sell real property obtained by...more

Points & Authorities - Fall 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

Legal Sense with James Andrews

Attorney James R. Andrews II is the host of Legal Sense with James Andrews. James was born in East Orange, New Jersey. He graduated from high school in Whippany, New Jersey and then attended the University of Virginia where...more

Damon Key Legal Alert (Spring/Summer 2012) - Legal newsletter with articles on Foreign Accounts and the 2012 Offshore Voluntary...

Legal newsletter with articles on Foreign Accounts and the 2012 Offshore Voluntary Disclosure Initiative, Bankruptcy law, the new I-9 Form in Immigration law, and an update on the law of Hawaii vacation rentals. ...more

Impact of Bankruptcy Filing by Beneficiary of Decedent's Estate by Ann Marie Maccarone and Deborah DiNardo, Esq.

As we have previously reported, litigation related to decedents’ estates continues to be generated due to the increase in bankruptcy filings by beneficiaries. A recent Rhode Island Supreme Court case, In Re Edwin H....more

The Availability of Florida's Wildcard Personal Property Exemption to Debtors Owning Homestead Property and Not Claiming a...

Recently, a Florida Bankruptcy Court discussed whether a debtor in bankruptcy who owns a home worth less than the balance on his mortgage may claim the wildcard personal property exemption found in Fla. Stat. § 222.25 and...more

Creditors' Rights and Spendthrift Trusts By Deborah DiNardo, Esq. and Lauren F. Verni, Esq.

More litigation is being generated, it seems, due to the many personal bankruptcy filings occurring in this time of economic crisis. In previous Partridge Snow & Hahn LLP Take Note e-alerts we shared with you developing law....more

Car Reaffirmation Agreement

The Law Office of Raymond A. Kenney, PLLC can: 1) Stop your home foreclosure, or strategize your foreclosure to save you money and remain in your home longer; there are significant legal and tax consequences involved in a...more

Fraudsters Beware - Homestead Exemptions Don't Always Work

New tax court case limits the asset protection afforded to Florida residents by Florida's homestead law. If you transfer assets to avoid creditors, do not automatically assume that Florida's powerful homestead exemption will...more

Massachusetts Homestead Now Available to Trust Beneficiary By Michael A. Kehoe, Esq.

The Bankruptcy Court for the District of Massachusetts recently issued an interesting decision for those using trusts to hold title to real estate. Judge Feeney, the author of In re: Rodriques, declared a Massachusetts...more

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