Developments in Life Insurance in Florida

Carlton Fields/Jordan Burt reports on Florida Life Insurance Developments, noting that life insurers will find the following Florida decisions regarding the state’s unclaimed property law and false claims act important:

  • Total Asset Recovery Services, LLC v. Metlife, Inc. and Prudential Financial Inc., Case no. 2010-CA-3719 (Fla. 2d Jud. Cir., Aug.
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Texas Judge Refuses to Grant Same Sex Divorce

Courthouse News Service reports that a Texas Judge has refused to void a lesbian couple’s marriage or grant them a divorce, citing the state’s constitutional gay marriage ban.  The article begins as follows:

     Brooke Powell, of Fort Worth, and Cori Jo Long, of North Richland Hills, married in June 2010

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Pricing issues for small CPA firm sales

Joel Sinkin and Terrence Putney are writing a three part series of articles on sales of CPA practices in The Journal of Accountancy.  Their first article begins as follows:

For CPAs looking to sell their accounting practice, it can be a big plus to be in a small firm. That’s

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Asset protection of retirement funds after Clark

The Journal of Accountancy explores asset protection of retirement accounts after Clark v. Rameker.  The article begins as follows:

In June, the Supreme Court in Clark v. Rameker, No. 13-299 (U.S. 6/12/14), said that just because funds are held in an account called an individual retirement account (IRA), it doesn’t

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Five myths about billionaires

Darrell M. West, vice president of the Brookings Institution’s governance studies department and author of “Billionaires: Reflections on the Upper Crust” writes about five myths about billoinaires in the Washington Post, which is now owned by billionaire, Jeff Bezos.  Mr. West’s article begins as follows:

Billionaires can be fascinating —

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TIGTA Recommends Improvements to Selection of Problematic Paid Preparers For Further Enforcement Actions

The Treasury Inspector General for Tax Administration released its report, Return Preparer Coordinators Could Improve the Selection of Problematic Paid Preparers for Further Enforcement Actions.  The report notes that the Internal Revenue Service (IRS) could improve its selection of problematic paid preparers for further enforcement actions, according to a report … Continue reading

OCR Issues Guidance on HIPAA and Same-Sex Marriage

Kimberly J. Gold, of Mintz Levin, has written about guidance from the Office for Civil Rights on HIPAA and Same-Sex Marriage.  Her article begins as follows:

The U.S. Department of Health and Human Services (“HHS”) Office for Civil Rights (“OCR”) released guidance last Wednesday to help covered entities and business associates

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U.S. Estate Tax Returns for Candadians

Catherine Eberl, of Hodgson Russ LLP has written about US estate tax return filing requirements for Canadians.  Her article begins as follows:

US estate tax return filing requirements surprise many Canadian executors. Often, the executor is in the throes of administering the estate when the lawyer or accountant sees a brokerage account statement

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