Trust law

Trust, in a community, is essential when it comes to law enforcement. Without trust, we won’t really feel protected in our neighborhood. To avoid this conflict, the law enforcement has worked together with the community to create programs integrating the public with the police force. One of the many existing programs to encourage this is NCPAA. Or, the National Citizens Police Academy Association. In this organization, the main objective is to have the community in regulations and have a better understanding of police functions. There are a lot of misinterpreted ideas where citizens believe that they train the citizens like an officer, but this is not the case. Citizens could meet these officers, so they can relate to them and not just see…

Contractually from a professional or setting a personal contract that uses the word trust, one might be expecting that textual term to be dispositive. Understanding fiduciary responsibility in contracts, deed transfer, and legal rights in a professional setting is critical (The United States v. Navajo Nation). With that said understanding that not always does history create an enforceable fiduciary responsibility, but only establishes a frame for standard interpretation of the common law should…

A Calabasas trust administration attorney ensures compliance to state and federal laws for assets after death. The purpose is to uphold legal steps for estate tax exclusion and transfer of asset titles. No matter how well composed the will or estate plan, the estate’s total value, number and types of assets require an experienced administrator. As a legal entity, a trust details the conditions of distributing the assets at the time of death. Setting the trust up is the first step of working…

This case does not meet the second test which means that the decedent retained no reversionary interest in the property, no part of the property is includible in the decedent’s gross estate, even though possession or enjoyment of the property could be obtained by Y or Z only by surviving the decedent. (3) What interest or interests, if any, are included in Grantor’s gross estate under Section 2037 (assuming the 5 percent test is met) in the following situations: (a) Grantor creates a trust…

WHY FOCUS ON TRUST? Trust within the community is extremely important when considering the protection of the community. It is also key to effective law enforcement. James Bowman, Evan Berman, and Johnathan West are scholarly authors and are experts in their occupation and mention their thoughts on building community trust. Bowman, J. Berman, E., & West, J. (2001) mention that in order to build community trust, it is important for law enforcement leaders to set an environment within their…

Without proper titling and naming of beneficiary could cause inclusion in the probate estate, which in turn could prolong the turnover of assets and increase the cost of probate by a great amount. To avoid personal residence’s being included in the probate estate and directly transfer to the surviving spouse, we recommend that each couple title their home owned tenancy by the entirety. Separately; for retirement accounts, checking accounts, and trusts it is important to name a valid beneficiary…

benefits from their hard earned assets. We accomplish this through a variety of methods including, but not limited to: • Children’s Inheritance Trust • Last Will and Testament • Special Needs Trust • Medicaid Irrevocable Trust • Irrevocable Life Insurance Trust • Revocable Living Trust • IRA Trust • Pet Trust • Testamentary Trust • Asset Protection • Business Succession • Estate Tax Avoidance As estate plans include instructions for distributing assets, many families rely on Thomas Walters…

Trust, is a virtue that was hailed by the early Native Americans and is a cornerstone of our society today. The reason trust was critical to early Native Americans was because, if you were trustworthy, people could bet their bottom dollar upon you to take responsibility of others. Being trustworthy also meant having the ability to outlast others in the world. Trust along with honesty from an outsider meant that he or she could be trusted by the Lakota. Today, trustworthiness is still an…

matter how powerful was above the law (“The Trust Buster”). President Roosevelt shutdown Rockefeller and his corrupt business practices. Standard Oil created the the first trust in the United States. The company was very competitive and aimed to be the only supplier…

Antitrust laws are a set of laws that were made to protect consumers from unfair market places by promoting fair competition and prohibit monopolies from existing. These laws help to regulate the behavior and conduct of organizations to prevent from illegal acts such as price fixing, restraining, price discrimination or monopolizing (“Legal Information Institute”, 2007). Dated back to the 1800’s, it was common for one major company to have significant power over the economy, also known as…