United States: Trusts

The death of Cubs legend Ryne Sandberg has sparked a contentious legal battle between his widow and children over control of his name, image, and likeness rights

The international landscape for estate and succession planning is being reshaped by unprecedented demographic shifts, evolving family structures, and the rise of digital wealth. As tens of trillions of dollars prepare to transfer between generations globally, legal practitioners must navigate an increasingly complex environment where traditional inheritance laws intersect with same-sex marriage recognition, assisted reproductive technologies, cryptocurrency holdings, and competing jurisdictional tax regimes

Connecticut has transformed into a trust-friendly jurisdiction through comprehensive statutory reforms, including the Uniform Trust Code, Directed Trust Act, and extended perpetuities period allowing trusts to last 800 years. How do these modern trust-planning tools balance with Connecticut's rigorous estate tax regime and the state's position as the only jurisdiction imposing both estate and gift taxes?

Max Schneberger discusses how recent changes from the One Big Beautiful Bill Act (OBBBA) have created expanded trust planning opportunities for individuals and families in the July issue of Lake Country Living.

Fiduciaries administering estates with revocable trusts face critical income tax decisions that can significantly impact asset availability and tax obligations.

Governor Andy Beshear recently signed Senate Bill 50 into law, ushering in one of the most significant updates to Kentucky inheritance and estate administration laws in recent years.

Family offices face unprecedented challenges in managing risk across complex, globally dispersed enterprises. This examination reveals how centralized control structures, clear role definitions, and strategic communication frameworks enable family offices to navigate physical, digital, and operational threats. Discover the essential three-P framework—people, processes, and preparation—that empowers these organizations to protect wealth and respond decisively when risks emerge.

Explore how legal professionals navigate complex regulatory frameworks and client relationships in today's evolving business landscape. Discover the strategic approaches and specialized expertise that drive successful outcomes in corporate legal matters. Learn about the critical considerations that shape modern legal practice and professional development.

Understanding the different types of powers of attorney in Oklahoma is critical for protecting your family and business when you cannot act for yourself.