News & Analysis as of October 13, 2024

Estate Planning

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Equity’s maxims have many jurisprudential functions, one critical function being to sinew the equitable principles that regulate...

Charles E. Rounds, Jr. - Suffolk University... on 9/23/2024

Equity’s maxims have many jurisprudential functions, one critical function being to sinew the equitable principles that regulate the law of trusts. A court that is saddled with sorting out the rights, duties and obligations...more

Whether an equitable power of appointment incident to a trust relationship is “in gross” or “collateral”: The practical...

Charles E. Rounds, Jr. - Suffolk University... on 8/20/2024

Section 17.3, comment f, of the Restatement (Third) of Property (Wills and Other Donative Transfers) explains the difference between a collateral power of appointment and a power of appointment in gross: “In traditional...more

Creating a nonvoidable domestic asset protection trust (DAPT) that has multijurisdictional contacts: The state and federal...

Charles E. Rounds, Jr. - Suffolk University... on 6/3/2024

Creating a domestic asset protection trust (DAPT) that both has multijurisdictional contacts and is nonvoidable in whole or in part is easier said than done. There are the state conflict-of-laws issues, a few of which I...more

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Uniform Trust Code › Creditors › Estate Planning

Equity’s maxims have many jurisprudential functions, one critical function being to sinew the equitable principles that regulate...

Whether an equitable power of appointment incident to a trust relationship is “in gross” or “collateral”: The practical...

Creating a nonvoidable domestic asset protection trust (DAPT) that has multijurisdictional contacts: The state and federal...

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