Wealth Strategies Journal

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What’s In a Name? Publicity Rights of Deceased Celebrities by Ettinger Law Firm

An article posted by the Ettinger Law Firm discusses a recently popular topic of dispute between estate holders and the IRS, that is, intangibles. The authors note,

Most recently, the estate of former singer Whitney Houston has been fighting off an inexplicable valuation of Ms. Houston’s publicity rights, according to The Hollywood

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Lawyers for Legal Ghosts: The Legality and Ethics of Representing Persons Subject to Guardianship by Nina A. Kohn, Catheryn Koss

Nina A. Kohn, Syracuse University College of Law, and Catheryn Koss, University of Kansas Gerontology Center, have made available for download their paper, “Lawyers for Legal Ghosts: The Legality and Ethics of Representing Persons Subject to Guardianship.” The abstract reads,

A person subject to guardianship has been judicially determined to
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This Start-Up is Promising A Revolution, and Wall Street is Pushing Back by Renae Merle

CEO Brad Katsuyama’s start-up company Investors’ Exchange, or IEX for short, is causing a major stir on wall street, Renae Merle reports. IEX aims to provide investors with a venue for purchasing or selling stocks without the influence of high-frequency traders. Merle explains,

IEX could soon be competing against some

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The Presumption of Resulting Trust and Beneficiary Designations: What’s Intention Got to Do with It? by Jason Michael Chin, Archie Rabinowitz, Aoife Quinn

Jason Michael Chin, Archie Rabinowitz, and Aoife Quinn, of Dentons Canada LLP, have made available for download their paper, “The Presumption of Resulting Trust and Beneficiary Designations: What’s Intention Got to Do with It?” The abstract is provided,

When opening an RRSP or RRIF, investors typically designate a beneficiary. We

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Connecticut’s New Power of Attorney Law by Suzanne Browne Walsh

Suzanne Walsh of Murtha Cullina has summarized a new Connecticut law called the Connecticut Uniform Power of Attorney Act which is a long awaited update to the State’s 1965 law on POA’s. Walsh begins,

POA’s are simply written designations of authority to someone (called an Agent in the new law).

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Perpetuating Inequality by Taxing Wealth by Goldburn P. Maynard

Goldburn P. Maynard, Brandeis School of Law, has made available for download his paper, “Perpetuating Inequality by Taxing Wealth.” The abstract reads,

Proposals to “fix” the estate tax by making it both more far-reaching and meaningful are plentiful. While these suggested improvements are reasonable, and even modest, they have failed
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Governor Kasich Signs House Bill 229 to Create Ohio Family Trust Company Act by Robert Galloway

Robert R. Galloway discusses in his article the Ohio House Bill 229 which was signed into law by Governor Kasich on June 14. The bill allows families in the state to establish their own trust company in order to serve as trustee for its family trusts. Galloway begins,

Family trust companies (FTCs)

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‘Inheritance Families of Choice’? Lawyers’ Reflections on Gay and Lesbian Wills by Daniel Monk

Daniel Monk, Birkbeck College – School of Law, has made available for download his article, “‘Inheritance Families of Choice’? Lawyers’ Reflections on Gay and Lesbian Wills.” The abstract is as follows,

This article presents the findings of research about the will‐writing practices of gays and lesbians. It develops a conversation
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Rules And Requirements For Doing A Qualified Charitable Distribution (QCD) From An IRA by Michael Kitces

Michael Kitces has posted a summary of the rules for doing a tax-free qualified charitable distribution (QCD) from an IRA to a public charity in order to satisfy the annual required minimum distribution obligation. To do so, an IRA owner must already be aged 70 and a half on the date of … Continue reading

Valuation, Values, Norms: Proposals for Estate and Gift Tax Reform by Bridget J. Crawford

Bridget J. Crawford, Pace University School of Law, has made available for download her article, “Valuation, Values, Norms: Proposals for Estate and Gift Tax Reform.” The abstract is provided,

In their contributions to the Symposium on The Centennial of the Estate and Gift Tax, Professor Joseph Dodge, Professor Wendy
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The $45B Chan Zuckerberg Initiative Makes Its First Investment by Daniel Van Boom

Daniel Van Boom reports on the Chan Zuckerberg philanthropy, started by the Facebook CEO and his wife, Priscilla Chan, which is investing in a New York-based startup called Andela. Van Boom notes,

Andela trains prospective developers in Nigeria and Kenya. “We live in a world where talent is evenly distributed, but

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‘Death Tax’ Politics by Michael J. Graetz

Michael J. Graetz of Columbia and Yale Law Schools has made available for download his keynote address “‘Death Tax’ Politics” from the Boston College Law School and American College of Trust and Estate Counsel Symposium that took place on October 2, 2015. The abstract is as follows,

In his Keynote Address
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High Earners Are Going to Hate These Retirement Proposals by Suzanne Woolley

Suzanne Woolley discusses a new 146 page report from the Bipartisan Policy Center that came out recently, proposing a plan to strengthen the retirement security and personal savings of Americans.

One of the report’s many proposals would raise the taxable level of Social Security earnings to $195,000 from the current $118,500

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Prince Estate Value May Be Significantly Diminished by State and Federal Taxes by Lindsay Kimble

According to a trustee of late musician Prince, his estate is set to be hit with a tax bill that could end up taking half of his estimated $250 million fortune, as well as force the early sale of some of his unreleased music.

Doug Peterson, an attorney for Bremer

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Personal Reality: Delusion in Law and Science by Joshua C. Tate

Joshua C. Tate of SMU’s Dedman School of Law has made available for download his paper, “Personal Reality: Delusion in Law and Science.” The abstract is provided,

The concept of an insane delusion appears in several branches of the law, including contracts, gifts, and wills. Critics of the traditional doctrine
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