by Mallory Schowe | Sep 12, 2024
In a previous Wiggin and Dana advisory, we highlighted a new “decanting” statute in Connecticut. As described in that advisory, effective January 1, 2025, Connecticut will specifically authorize “decanting” the assets of an otherwise irrevocable trust into a new trust...
by Mallory Schowe | Sep 5, 2024
Navigating the emotional and logistical complexities of administering a loved one’s estate after their death can be difficult. The additional burden of having to decide what to do with all of their stuff (also known as tangible property) highlights the critical role...
by Mallory Schowe | Aug 22, 2024
In early April, the Michigan Court of Appeals issued an opinion in the case of In re E. Earl Lyden Trust, which highlights the importance of a comprehensive review of the estate plan during the pendency of a divorce. Background of Case Denice and Earl Lyden were...
by Christine Stackhouse | Aug 21, 2024
On August 14, 2024, the Federal Trade Commission’s (“Commission”) new Trade Regulation Rule on the Use of Consumer Reviews and Testimonials (the “Rule”) was finalized and went into effect. The Rule prohibits specified unfair or deceptive acts or practices involving...
by Christine Stackhouse | Jul 24, 2024
What happened? Effective July 23, 2024, all U.S. banks, insurers, SEC broker/dealers, securities or commodities broker/dealers, investment bankers, investment companies, currency exchanges and certain other entities designated as “financial institutions” must report...
