Legal updates for: trusts

by Harney Westwood & Riegels on 5/23/2013

...The Virgin Islands Special Trusts Act (“VISTA”) came into force on 1 March 2004 and was introduced in order to allow a shareholder to establish a ... more

by NAVEX Global on 5/23/2013

... 2010, the number of federal prosecutions for violation of the Foreign Corrupt Practices Act (FCPA) more than quadrupled. The Department of Justice (DOJ) set a new record for fines and penalties – collecting nearly $1B. The FBI has announced that FCPA investigations are one of its highest priorities, which means that these trends will only... more

by McDermott Will & Emery on 5/23/2013

...A recent decision of the United Kingdom’s First Tier (Tax) Tribunal has provided a timely reminder of the importance for employers of notifying their employees of the requirement to promptly reimburse the employer for income tax payments made on his or her behalf following the exercise of an option under a share option scheme.... more

by Morrison & Foerster LLP on 5/23/2013

... - The Alabama Department of Revenue, Administrative Law Division, found that a company’s beer distribution rights did not qualify as goodwill under generally accepted accounting principles and, therefore, did not qualify for the goodwill exclusion under Alabama’s business privilege tax. The Chief Administrative Law Judge (ALJ)... more

by Law Business Mentors on 5/23/2013

...Before I can tell you why being a door lawyer is sucking your life away, I need to make sure you are clear on what it is exactly.... more

by Allen Matkins Leck Gamble Mallory & Natsis LLP on 5/23/2013

... I joined the Department of Corporations, it had no website. I remember reviewing possible designs for a site. Now, it seems hard to imagine that there was a time when state agencies didn’t have websites. Today, the Department’s website is a good source of information about enforcement actions, licensing requirements and procedures,... more

by Poyner Spruill LLP on 5/23/2013

... assets into your Revocable Trust. Your Revocable Trust then provides for the ultimate disposition of your assets. Revocable Trusts avoid the publicity and fees of probate if assets are placed in them during your lifetime or are payable to them at your dea... more