Law Commons^™

Third Party Access And Refusal To Deal In European Energy Networks: How Sector Regulation And Competition Law Meet Each Other, Michael Diathesopoulos

Michael Diathesopoulos

In this paper, we will analyse the issue of concurrence between competition and sector rules and the relation between parallel concepts within the two different legal frameworks. We will firstly examine Third Party Access in relation to essential facilities doctrine and refusal of access and we will identify the common points and objectives of these concepts and the extent to which they provide a context to each other’s implementation. Second, we will focus on how Commission uses sector regulation and objectives as a context within the process of implementation of competition law in the energy sector and third, we will …

Obstaculos Juridicos Y Economicos A La Aplicacion De La Teoria Del Incumplimiento Eficiente: ¿Un Irritante Juridico O Una Figura De Aplicacion Imposible?, Renzo E. Saavedra Velazco

Renzo E. Saavedra Velazco

Winner's Curse (La Maldición Del Ganador): Un Análisis De La Toma De Decisiones En Subastas De Valor Común, Renzo E. Saavedra Velazco

Renzo E. Saavedra Velazco

En la presente nota se analiza la denominada maldición del ganador que importa que el ganador de una subasta puede ser quien sufra las más altas pérdidas, en lugar de los participaron que no lograron adjudicarse el bien o el derecho materia de la subasta. Este resultado se produce por una conjunción de fuerzas en contraposición: la lógica que le indica pujar con cuidado; y, el deseo de lograr la adjudicación que se exacerba en atención a la cantidad de proponentes. Ante ello, muchas veces el ganador termina por ofrecer una suma por encima de su propia valuación subjetiva y …

Charitable Gifts Made By S Corporations: Opportunities And Challenges, Christopher R. Hoyt

ACTEC Law Journal

This article examines the tax opportunities and tax hazards when a subchapter S corporation makes a charitable gift. The article demonstrates that usually the shareholders of an S corporation and the charity are both better off when an S corporation makes a charitable gift compared to having a shareholder make a charitable gift of S corporation stock. Either way, the income tax benefit will be on the S corporation shareholder's personal income tax return. By having the S corporation make the gift, the parties avoid the "three bad things" that happen when a shareholder donates S corporation stock. The problems …

Front Matter

ACTEC Law Journal

No abstract provided.

Reducing Estate And Trust Litigation Through Disclosure, In Terrorem Clauses, Mediation And Arbitration, Jonathan G. Blattmachr

ACTEC Law Journal

No abstract provided.

Resisting The Contractarian Insurgency: The Uniform Trust Code, Fiduciary Duty, And Good Faith In Contract, Frederick R. Franke Jr.

ACTEC Law Journal

No abstract provided.

Protection Of Inherited Iras, James L. Boring, Richard R. Gans, Meghan E. Gearhart, Nancy Schmidt Roush, Susan B. Slater-Jansen

ACTEC Law Journal

No abstract provided.

Managing Family Wealth Through A Private Trust Company, Alan V. Ytterberg, James P. Weller

ACTEC Law Journal

No abstract provided.

I Dig It, But Congress Shouldn't Let Me: Closing The Idgt Loophole, Daniel L. Ricks

ACTEC Law Journal

By combining three tools that independently are beneficial to taxpayers, clever estate planners have devised a transaction - the installment sale of discounted assets to an intentionally defective grantor trust - that saves their ultra-wealthy clients millions of dollars in estate and gift taxes. This transaction, which is a foundational part of many estate plans, takes advantage of rules that Congress never intended to be used in this way. Becasue the Internal Revenue Service has conceded its inability to challenge the transaction based on current law, any solution lies with Congress. This Article proposes an amendment to § 2036 that …

Wills, Trusts, Guardianships, And Fiduciary Administration, Mary F. Radford

Mercer Law Review

This Article describes selected cases and significant legislation from the period of June 1, 2009 through May 31, 2010 that pertain to Georgia fiduciary law and estate planning.

The Estate Planning Perils Of 2010 And Beyond, Brett T. Bradford

Brett T. Bradford

This paper explores the confusion surrounding the repeal of the federal estate tax for the year 2010. The Economic Growth Tax Relief Reconciliation Act gradually scaled down the federal estate tax and eventually repealed the tax in 2010. The Act has a sunset provision that would return the tax to a much higher rate than has been seen in recent times. This paper explores the history, intent and purpose of federal estate taxes; the intent and purpose behind the repeal in EGTRAA; and what attempts congress has made to fix the mess.

¿Interpretamos La Voluntad Del Testador O Sólo Lo Literalmente Expresado En El Testamento?: Consideraciones Desde La Óptica De La Comparación Jurídica, Renzo E. Saavedra Velazco

Renzo E. Saavedra Velazco

Uso Social Del Suelo Ejidal Y Comunal Para El Desarrollo Equilibrado De Las Áreas Urbanas Del Estado De Puebla, Bruno L. Costantini García

Bruno L. Costantini García

De origen, difundir los diversos esquemas permitidos por la Ley para posibilitar la realización de proyectos con fines inmobiliarios, a efecto de que los núcleos agrarios y sus integrantes se beneficien equitativamente de la urbanización de sus tierras, coadyuvando con ello al desarrollo urbano planificado y ordenado de los centros de población del Estado de Puebla; como consecuencia, impulsar el desarrollo habitacional equilibrado de éste. Eliminar el circulo.- “necesidad de tierra – asentamiento irregular – solución de conflicto”, mediante la planeación socioeconómico de los núcleos agrarios ejidales y comunales, a fin de diseñar un mecanismo eficaz que satisfaga las necesidades …

An Overview Of The General Workings Of Ideal Probate Registries Vis-A-Vis The Comparative Analysis Of Probate Registries In Other Common Jurisdictions, Chinedu Chibueze Ihenetu-Geoffrey

Chinedu Chibueze Ihenetu-Geoffrey

The Probate Registries are efficient channels of dispensing justice in matters of testamentary instruments such as wills or estates. The Probate Registries have daunting challenges that needs to be addressed expediently, ranging from administrative problems, incessant delays, perversion of justice et al. This paper expounds the general workings of ideal probate registries vis-a-vis a comparative analysis of probate registries within common law jurisdictions with their peculiarities. Also, special recommendations would be proffered in a bid to structural revamp the Probate Registries in Nigerian Courts.

Trusts And Estates, James D. Hill

Cal Law Trends and Developments

The most significant development in 1969 in the area of trusts and estates was the codification of the law regarding powers of appointment. Other legislation subjects irrevocable inter vivos trusts to the jurisdiction of the Superior Court. In the area of judicial developments, there were two cases of first impression. Estate of Pernas, dealt with the allocation as to principal or income of gains distributed from mutual funds. The other, Estate of Phillips, concerned the admission to probate of a will executed by a Californian who had been adjudicated an incompetent in Illinois prior to his coming to California.

Trusts And Estates, Joseph S. Brock

Cal Law Trends and Developments

During the period covered by this review little in the way of trends or departures differing from established positions seems to have appeared; there is much repetition and emphasis of "black-letter law." There are, however, in several cases unusual factual patterns which are of interest. The results of these cases, interesting and of course contributing to the normal growth of case law, seem to flow naturally and quite easily from principles long-established and accepted, not departing from what could be expected. There were several statutory changes, prominent among which were the Revised Uniform Principal and Income Act, effective July 1, …

Wills, Trusts, And Estates, J. Rodney Johnson

University of Richmond Law Review

The 2010 Session of the General Assembly enacted wills, trusts, and estates legislation (i) adopting the Uniform Power ofAttorney Act, (ii) passing emergency legislation for the construction of tax-oriented wills and trusts of persons who die during 2010 with documents drafted prior thereto, (iii) revising the small-estate statutes, and (iv) clarifying the burial power of attorney. In addition, there were six other enactments, and seven opinions from the Supreme Court of Virginia during the one-year period ending June 1, 2010 that present issues of interest in thisarea. This article reports on all of these legislative and judicial developments, along with …

Immortality For Foundations Can Pose Big Challenges In Shifting Times, Ray Madoff

Ray D. Madoff

No abstract provided.

Trusts And Estates, K. Bruce Friedman

Cal Law Trends and Developments

In the field of trusts and estates, the year 1967 was fairly eventful. Examination of the court decisions reveals a continuing trend toward construing documents wherever possible to conform with the presumed intent of the testator or trustor, and toward liberal construction of statutory language. At the same time, several decisions hold in favor of creditors in their relationships with the decedent's estate or his survivors. From a legislative standpoint, there were several noteworthy revisions in the Probate and Civil Codes, most important of which was the adoption of a modified version of the Revised Uniform Principal and Income Act.

Imitando La Intermediación Financiera Indirecta: El Caso De Los Bancos De Alimentos, Renzo E. Saavedra Velazco

Renzo E. Saavedra Velazco

De un tiempo a esta parte se observa un enorme desarrollo de supermercados, sea de gran envergadura, sea pequeña escala. Correlativamente, y pesar del sólido progreso macroeconómico, aún existe un segmento considerable de la sociedad en estado de desamparo y que requiere de medidas asistenciales por parte del Estado. Sin embargo en países como los recursos son excesivamente limitados, por ello resulta importante las alternativas de responsabilidad social empresarial que se vienen implementando o de modo directo la participación privada para colaborar en los esfuerzos asistenciales. Es en este marco donde se inserta la actuación de los Bancos de Alimentos.

Trusts And Estates - Spendthrift Trusts And The "Happenstance Of Bankruptcy" Rule, Jonathan R. Shulan

University of Arkansas at Little Rock Law Review

No abstract provided.

Family Law And Estate Law - Reproductive Technology - Use Of Artificial Reproductive Technologies After The Death Of A Parent, Lisa Medford

University of Arkansas at Little Rock Law Review

No abstract provided.

Construing Wills And Trusts During The Estate Tax Hiatus In 2010, S. Alan Medlin, F. Ladson Boyle

Faculty Publications

Many estate planners have drafted wills and revocable trusts with dispositive provisions based on formulas. These formulas often use language based on transfer tax terminology. For clients who die in 2010, the language used in these formulas will be ambiguous, if not apparently meaningless, because Congress failed to re-institute the estate tax for 2010. The resulting 2010 estate tax hiatus will result in will and revocable trust construction problems for the estates of many decedents who die during the hiatus. Courts will have to use statutory and common law construction methods to attempt to determine the decedent's dispositive intentions. This …

Superando Los Sesgos Cognitivos A Través Del Derecho: Breve Análisis Del Derecho Contractual Y La Responsabilidad Extracontractual, Renzo E. Saavedra Velazco

Renzo E. Saavedra Velazco

En la presente ponencia se expuso brevemente el itinerario recorrido en la aplicación de perspectivas funcionales (sobre todo las económicas y cognitivas) al Derecho. Para ello se tomaron algunos de los sesgos que se han identificado en la toma de decisiones y en el procesamiento de información a fin de evidenciar las potencialidades del empleo del Derecho para su superación o adaptación.

Impact Of Estate Tax Repeal On Probate, Terri Helge

Terri L. Helge

No abstract provided.

Incorporación Del Interés Creditorio En La Cláusula Penal: Un Análisis Desde El Comparative Law And Economics, Renzo E. Saavedra Velazco

Renzo E. Saavedra Velazco

En la presente nota abordamos como es posible incorporar el interés creditorio en un contrato a través del empleo de una cláusula penal. En efecto, la penalidad se ha visto como un mecanismo que liquida de manera anticipada los daños ocasionados debido al incumplimiento contractual; sin embargo, este efecto no hace más que evidenciar la alta valuación subjetiva que el acreedor otorga a la prestación a cargo de su deudor y, con ello, la posibilidad de verificación de daños idiosincráticos en caso se verifique un incumplimiento.

Testamentary Designations Of Attorneys And Other Employees, Jean Fleming Powers

Golden Gate University Law Review

This article sets forth a clear, principled analysis by which many of the problems in will construction can be alleviated. Such an analysis requires appropriate consideration of the testator's intent, his freedom to create conditions in the will, and the relationship between the two. Under this type of analysis, the result is not dictated by the nature of the employment. However, the type of employment has some influence on the result, since it has some bearing on the testator's intent. As is so often the case concerning written legal documents, the problems can be virtually eliminated by drafting with an …

Consideraciones En Torno De La Indignidad Para Suceder. Una Lectura Civil Del Caso "Espino Vásquez", Leysser L. Leon

Leysser L. León

El análisis histórico-comparativo de una antigua institución del derecho de sucesiones (la indignidad para suceder) muestra su utilidad para dilucidar dos cuestiones decisivas en el sonado caso del asesinato de la abogada Vásquez Marín (por el que se investiga a su hija, Elizabeth Espino Vásquez): (1) que no se requiere una condena penal para que proceda la declaración de indignidad; y (2) que sentencia de declaración de indignidad no es constitutiva de derechos.

Morgens: More Qtip Mischief, Wendy G. Gerzog

All Faculty Scholarship

In Morgens, the court ruled in favor of the government that section 2035(b) applied to the gift taxes paid by the qualified terminable interest property (QTIP) trust beneficiaries to gross up the widow’s estate by that amount. Because the surviving (or donee) spouse must be taxed on the underlying property over which she has no ownership rights, Congress enacted section 2207A to allow the second spouse to recover from the beneficiaries of the property the transfer taxes relating to her gift or estate inclusion. However, the court held that section 2207A did not shift the gift tax liability to those …