The United States Supreme Court recently decided in the case North Carolina Dept. of Revenue v. Kimberley Rice Kaestner 1992 Family Trust (588 U.S. (2019)) that a State cannot tax income of a trust based solely on a beneficiary’s in-state residency, especially if no distributions are made.
A case recently decided by the Illinois Appellate Court (Herbert v. Cunningham, 2018 IL App (1st) 172135, December 28, 2018, Cook Co., 6th Division) issues an important reminder to anyone who is considering or has completed a journey through divorce or domestic separation: Make sure to update your estate plan documents, beneficiary designations and…
Lawrence Kamin vigorously represents corporate and individual trustees, executors, administrators, beneficiaries, and other interested parties in trust, probate, and guardianship disputes and in estate administration matters. Our attorneys have created a powerful synergy across our litigation and estate planning focus areas, allowing us to provide strategic and pragmatic…
