Trust Situs: Jurisdiction, Governing Law, and Taxation

The word “situs,” from the Latin for “position” or “location,” is often used in connection with three different issues: which state’s courts have jurisdiction over the administration of the trust, which state’s laws govern the interpretation or administration of the...

This content is for Subscriber members only.
Register
Already a member? Log in here

New Directed Trust Act

S.B. 1231 has been passed by both houses of the Pennsylvania legislature and was signed by the governor on July 15, 2024, becoming Act 64 of 2024, P.L. ___, to be effective in 90 days. The bill adopted changes to...

This content is for Subscriber members only.
Register
Already a member? Log in here

Appeal of Emergency Trust Distribution Not Moot Because Jurisdictional Question Remained

An appeal of an order directing emergency distributions from a trust to preserve licenses for seats for the Los Angeles Lakers did not become moot after the trustee made the distributions because the trustee had raised a jurisdictional issue that … Continue reading