Durfee Law Group Philanthropy Protection Act of 1995 HR 2519 RDS 104th CONGRESS1st SessionH. R. 2519IN THE SENATE OF THE UNITED STATES November 29, 1995 Received AN ACT To facilitate contributions to charitable organizations by codifying certain exempti...
Durfee Law Group Gentrification of Philanthropy In general, "gentrification" happens when older more affluent people move into a neighborhood previously occupied by younger less affluent people. That same change in the neighborhood is happening in ...
Durfee Law Group Jurisdictional Diversification Jurisdictional Diversification Jurisdictional Diversification is a reality for most people whether they know it or not. If you have family members or property or business interests in more than one pl... Coordination
Durfee Law Group Cryonic Suspension Trust - Legal Services Cryonic Suspension Trust - Legal Services Formation of a Cryonic Suspension Trust including but not limited to the following: Attorney time for Consultation and Selection of material options Trust may...
Durfee Law Group Cryonic Trust Blunders We want to live forever and take our money with us. What could possibly go wrong? With all the focus on whether or not the technology will work, we too often fail to consider whether or not the financ...
Durfee Law Group Fraudulent Conveyance What is a Fraudulent Conveyance? First, a fraudulent conveyance has nothing to do with "fraud" per se. A fraudulent conveyance is an asset transfer that is voidable. In other words, the transfer can b...
Durfee Law Group Charitable Remainder Trust What is aCharitable Remainder Trust? A Charitable Remainder Trust ('CRT") is a type of "split interest" gift. It is an irrevocable trust through which you split part to keep for yourself and part to g... Asset Protection Charitable Planning Coordination Estate Planning Tax Planning Trusts
Durfee Law Group Rule Against Perpetuities The Rule The Rule Against Perpetuities is an archaic rule adopted by the U.S. as part of the Common Law heritage from its colonial predecessors. In most applications, it limits the length of time in w... Coordination
Durfee Law Group Expat Estate Planning The expat lifestyle as a certain allure and mystique. Entertainment media serves up a stereotype image of wealthy Americans living the good life in far away places. The physical and emotional disconne...
Durfee Law Group Naked LLC Imagine that you must appear in public. You go to your closet. There is nothing there. You will be on display for the whole world to seem completely naked. That might be the experience of your LLC. Wh... Coordination
Durfee Law Group Old ILIT New Solutions An "ILIT" is an Irrevocable Life Insurance Trust. One of the purposes of an ILIT is to prevent life insurance benefits from being taxed. (Yes, although generally income tax free, life insurance can be... Coordination
Durfee Law Group What is a Dynasty Trust? A "Dynasty Trust" is a Trust designed to hold and protect property over multiple generations. Such trusts take advantage of jurisdictions that have abolished laws that require termination such as the ... Coordination