Recent Developments – State Law

Kentucky 2010 Legislative Update 2 – HB 188 Offers Many Improvements to Kentucky’s Probate and Trust Laws

HB 188 passed the Kentucky House unanimously on January 21, and was referred to the Kentucky Senate Judiciary Committee on January 25.  The full text of HB 188, along with the report on the bill’s status, is available here.  HB 188 contains many improvements to Kentucky’s probate and trust laws, including:

More→

Kentucky 2010 Legislative Update 1 – UPMIFA

We’re 36 days into the 60-day 2010 Regular Session of the Kentucky Legislature that began on January 5.  (For the legislative calendar, click here.) It’s a good time for KYEstate$ to begin reporting on the status of some of the bills that are relevant to our readers. After failing to pass both houses in the [...]

More→

Proposed Florida Legislation Responds to Estate Tax Repeal

Since late December, when it first appeared that estate tax repeal would actually happen, estate planners nationwide have been discussing its potential negative consequences.  Consider this fact pattern: a second marriage, and a normal A-B estate plan.  The plan uses a formula allocation clause directing the greatest amount of assets that can pass free of estate [...]

More→

Next Entries →