Wednesday, April 22, 2015
The American Bar Association Section of Real Property, Trust and Estate has established the Section of Real Property, Trust and Estate Award to recognize outstanding achievement, scholarship and volunteer leadership in the fields of Real Property and/or Trust and Estate law. The award will be presented annually at the Spring Symposia, held this year April 30-May 1 at the Capital Hilton in Washington, D.C.
The first recipient of the award is Richard B. Covey, senior counsel with the New York City law firm of Carter, Ledyard & Milburn. Mr. Covey received his A.B. from Harvard College and his J.D. from Columbia University Law School, and also received an honorary doctor of laws degree from the University of Miami. Among other notable achievements, Mr. Covey was the creator of a tax strategy in 1984 called a “GRIT” or grantor retained income trust which was so popular that Congress closed the loophole in 1990. Gideon Rothschild, the Section’s Chair, stated that bestowing Dick with our first annual award is most fitting given that thousands of estate planners still utilize some of his most creative strategies to this day.”
He has been a frequent speaker at continuing legal education programs and tax institutes on estate planning and trust and estate matters for over 50 years. Mr. Covey has published two books, “Marital Deduction and Credit Shelter Dispositions and the Use of Formula Provisions” and “Generation-Skipping Transfers in Trust” which books have been cited as some of the most scholarly works in the subject area and is the editor of Practical Drafting®, a quarterly publication on estate planning and drafting wills and trusts. For more than 25 years, Mr. Covey acted as special tax counsel to the Trust Division of the American Bankers Association. He is a Fellow of the American College of Trust and Estate Counsel.
Tuesday, April 21, 2015
Vice President for Academic Affairs Paul Zeleza says, “Faculty scholarship and teaching are synergistic, and when combined with faculty-student research, it benefits students’ learning immensely. The faculty whose scholarly accomplishments we celebrated admirably model the life of the teacher-scholar which we cherish as a university.”
See University Presents Scholar Awards to Four Faculty Members, Quinnipiac University, Apr. 10, 2015.
Sunday, March 22, 2015
Congratulations to Bruce Stone, who has recently been elected as the 2015-2016 President of the American College of Trust and Estate Counsel (ACTEC). Provided below is an excerpt from the ACTEC press release:
The American College of Trust and Estate Counsel (ACTEC), the leading trust and estate organization of peer-elected trust and estate lawyers, has elected Bruce Stone, of Coral Gables, Florida, as 2015-2016 President. The organization inaugurated the 2015-2016 officers and inducted 35 new Fellows during its recent annual meeting in Marco Island, Florida.
Stone is a member of the Joint Editorial Board for Uniform Trust and Estate Acts, which monitors and recommends updates to trust and estate related uniform laws on a nationwide basis. He is an Academician in the International Academy of Estate and Trust Law, and a past chair of the Real Property, Probate and Trust Law Section of The Florida Bar. He is an adjunct faculty member at the University of Miami School of Law. He received his law degree from the Florida State University College of Law and a B.A. from the University of Florida where he was elected to Phi Beta Kappa.
Special thanks to Brian Cohan (Attorney at Law, Law Offices of Brian J. Cohan, P.C.) for bringing this to my attention.
Thursday, May 8, 2014
Here is an excerpt from the McDonald & Kanyuk newsletter:
Attorney Amy Kanyuk, a partner at McDonald & Kanyuk, PLLC, in Concord, has been elected as the New Hampshire State Chair of the American College of Trust and Estate Counsel (ACTEC). ACTEC is a professional association of approximately 2,600 lawyers from throughout the United States who are skilled and experienced in estate planning and estate and trust administration. Fellows are elected to the College on the basis of professional reputation and ability in the fields of trusts and estates, and on the basis of having made substantial contributions to these fields through lecturing, writing, teaching and bar activities. Ms. Kanyuk holds a law degree and MBA from Boston College, and a B.S. in Finance (with highest distinction) from Penn State University. She is licensed to practice in New Hampshire and Massachusetts.
Wednesday, May 7, 2014
Here is an adapted excerpt from Manatt’s press release:
Jennifer Gorovitz has joined of Manatt, Phelps & Phillips LLP in the firm’s Family Wealth Transfer Planning and Trust & Estate Administration practice as counsel in its San Francisco office. She was previously CEO of the Jewish Community Federation of San Francisco, the Peninsula, and Marin and Sonoma counties.
“We could not be more thrilled that Jennifer has chosen Manatt for the next phase of her career,” said Jill S. Dodd, chair of the firm’s Family Wealth Transfer Planning and Trust & Estate Administration practice. “She is a powerful force in the Bay Area’s philanthropic community and has accomplished much at the helm of the Jewish Community Federation, an organization that does such important work. Her business savvy, strategic vision and ability to work with people with complex needs will be of great benefit to our clients, which include families, individuals and charitable organizations.”
Gorovitz earned her B.A. from Stanford University and her J.D. from Georgetown University Law Center. She is a Wexner Heritage alumna, a member of the Jewish Community Federation and Endowment Fund’s Professional Advisors Network, a member of the Northern California Planned Giving Council, a member of the Partnership for Philanthropic Planning, and a member of multiple committees throughout the community.
Saturday, November 2, 2013
Elizabeth R. Carter (Louisiana State University Paul M. Hebert Law Center) was promoted to the rank of Associate Professor of Law earlier this year.
Recently, she learned the good news that she was awarded the Judge Anthony J. Graphia & Jo Ann Graphia Endowed Professorship.
Wednesday, September 18, 2013
The American College of Trust and Estate Counsel (ACTEC) has announced the winners of the 2013 Mary Moers Wenig Student Writing Competition.
First Place: Christopher J. Roman (Villanova Law School) “Protecting Your Clients’ Assets from their Future Ex-Sons and Daughters-In-Law: The Impact of Evolving Trust Laws on Alimony Awards”
Second Place: Ryan Konsdorf & Scott Alden Prulhiere (Arizona State University, Sandra Day O’Connor College of Law) “Killing Your Chances of Inheriting: The Problem with the Application of the Slayer Statute to Cases of Assisted Suicide”
Third Place: Emily Tornabene (Arizona State University, Sandra Day O’Connor College of Law) “To Have and To Hold, and Now a QDRO”
Daniel G. Cronin (Arizona State University, Sandra Day O’Connor College of Law) “Decanting Trusts: Evolving Law”
Kendal R. Dobra (University of Connecticut School of Law) “Riding the Digital Wave: An Executor’s Fiduciary Duty toward Digital Assets”
Daniel Miller (Arizona State University, Sandra Day O’Connor College of Law) “How Harmless Is Harmless? An In-Depth Look Into the Harmless Error Rule”
Monday, July 29, 2013
Robert Whitman (Professor of Law, Connecticut Law School) has recently published an article entitled, Capacity for Lifetime and Estate Planning, 117 Penn. St. L. Rev. 1061 (Spring 2013). Provided below is the abstract from the article:
Clients consulting with elder and estate planning attorneys for estate planning documents will likely receive a “package” of five documents: a will, a trust (revocable or irrevocable), a health care power, a durable power of attorney, and a living will. Although capacity standards have varied for each of the items in the “package,” an informal survey of American College of Trust and Estate Counsel (ACTEC) members reveals that practitioners do not pay attention to these distinctions when they create the “package.” Practitioners are either unwilling to accept the engagement for lack of competence or willing to overlook the capacity distinctions when accepting the engagement. This article thus advocates for a uniform test for capacity when an attorney considers preparing the “package” for a client.
Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.
Monday, June 3, 2013
Here is an excerpt from USD's press release:
Dean Stephen C. Ferruolo announced today that Adam Hirsch has accepted a faculty appointment at University of San Diego (USD) School of Law. Hirsch has served as a visiting professor of law at the school since fall 2012 and will join the faculty on August 1, 2013.
"The appointment of Adam Hirsch is another great addition to our faculty,” said Dean Ferruolo. “He perfectly complements the previously announced appointments of Howard Abrams, Miranda Fleischer and Victor Fleischer to our tax faculty and strengthens important parts of our core curriculum.”
Adam Hirsch is the William & Catherine VanDercreek Professor of Law at Florida State University. He is a leading authority on wills and trusts. He is also an academic fellow of the American College of Trust and Estate Counsel. A graduate of Yale Law School, he also holds a Ph.D. in History from Yale University, where his doctoral dissertation received the George Washington Egleston Prize for the best dissertation in American history. Hirsch teaches and writes in the areas of wills and trusts, creditors' rights and American legal history.
Saturday, January 26, 2013
The Trust & Estate winners are as follows:
- Best Practical Use Article -- Christopher R. Hoyt, Retirement Assets to a Surviving Spouse -- Rollovers and Portability Are Your First Choice, January/February 2012.
- Best Cutting Edge Article -- Gerry W. Beyer & Naomi Cahn, When You Pass on, Don't Leave the Passwords Behind: Planning for Digital Assets, January/February 2012.
- Best Overall Article -- Tiffany B. Carmona and Tye J. Klooster, Wandry v. Commissioner: The "Secret Sauce" Estate Planners Have Been Waiting For?, November/December 2012.