Recent changes were made to Pennsylvania’s power of attorney statute by Act 95 which was enacted in 2014 and amended Title 20, Chapter 56 of the PEF Code. All of the Act’s provisions have been effective since January 1, 2015.
Thank you Gary Beyer for your post entitled “Wells Fargo Terminated as Trustee.”
Beyer writes:
“On Thursday, a Circuit Judge in Wisconsin terminated Wells Fargo Bank as trustee of the Chester Bible scholarship trust, furnishing control to the Baraboo
On July 10, 2014 the Supreme Court of Pennsylvania ordered the adoption of new Rule 4003.5 of the Pennsylvania Rules of Civil Procedure.
The rule has been modified and the following clause (4) is added:
(4) A party may not
Ever since George Washington included arbitration provisions in his will, this idea has kicked around. Washington’s will contained this language:
“That all disputes (if unhappily they should arise) shall be decided by three impartial and intelligent men, known for their
“Discourage litigation. Persuade your neighbors to compromise whenever you can. Point out to them how the nominal winner is often a real loser – in fees, expenses and waste of time.”
— Abraham Lincoln 1850
Lincoln’s words are doubly
On July 29, 2013, in the case of Morse v. Kraft the Supreme Judicial Court of Massachusetts held that the Trustee of an irrevocable trust in which the Trustees had full discretion to distribute trust principal “for the benefit of” the beneficiary, could,
The reappearance of Brenda Heist in May after being declared legally dead has brought me all sorts of questions. The Pennsylvania Statute that governs the property of absentees and persons presumed dead is at 50 Pa. Cons. Stat §§5701
Recommended reading: Stripping Away the Mystery of the Probate Exception By John T. Brooks and Samantha E. Weissbluth
Federal court can hear breach of fiduciary duty claim against trustees.
We looked at this issue before in our post Make a
I always say 99% of the lawyers give the rest of us a bad name.
Brianna Bailey writes for News OK:
“A federal judge has sentenced a Midwest City man who conned seniors out of their savings to serve nearly
Thank you to WIlls, Trusts and Estates Prof Blog for the post regarding Fisk University, Cy Pres and Georgia O’Keefe’s Art Collection. Melanie B. Leslie (Professor of Law, Benjamin N. Cardozo School of Law) recently published her article entitled Time