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 ...

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 ...

In In re Mittelsted, a trial court held a former executor in contempt for over twenty acts of commingling personal property with estate property and ordered that the executor pay over $200,000 to ...

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 ...

Southern District of New York Chief Bankruptcy Judge Stuart M. Bernstein authorized the appointment of a trustee for the Dreier LLP Chapter 11 proceeding at an emergency hearing Friday. Southern ...