For loans primarily secured by a cash flow stream, subscription facility lenders heavily depend on collateral accounts as a key element of the security package. In this Legal Update, we delve into why ...
Determining Ownership in Multiple-Grantor Trusts Given the tax policy justifications for the grantor trust rules and based on analogous case precedent, we discuss the rationale for using the specific ...
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When does an inheritance become marital property?
Assets acquired during marriage are usually considered marital property, but inheritances are an exception to the rule. An inheritance can become marital property if you commingle it by depositing it ...
In United States v. Daugerdas, the Court (Walker, Lynch, Chin) offered a lifeline to the wife of a defendant convicted of tax fraud, who sought to assert a third-party interest in funds that the ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. There's nothing less romantic than planning for the demise ...
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