Monday, December 23, 2013

PritchardThe Private Client Group at Bryan Cave congratulates DC Partner Therese Pritchard for her appointment as Chair-Elect of Bryan Cave.  She will become Chair of the Firm upon the expiration of Don Lent’s term in October 2014.

DC Partner Therese Pritchard has been featured in numerous outlets for the announcement that she will succeed Don Lents as chair in October 2014. Pritchard will become the first woman in the firm’s 140-year history to hold the role of chair. Pritchard was featured Dec. 18 in The Wall Street Journal’s law blog, The Washington Post, Law360, The AmLaw Daily, the St. Louis Post-Dispatch and in the St. Louis and Kansas City business journals, among others. “Our challenges are some of the same challenges facing the entire legal industry,” Pritchard told The Wall Street Journal. “We have to work hard to expand and deepen and grow our significant relationships with our clients, and find ways to address our clients’ increasing focus on value and certainty.” Click here to read the full article.

Friday, December 20, 2013

The 7520 rate for January 2014 has increased to 2.2%.

The January 2014 Applicable Federal Rates can be found here.

Friday, December 20, 2013

With research and drafting assistance from Washington University extern, Kelsey Delong.

In Williams v. Hubbard, et. al., the Missouri Court of Appeals addressed the issue of whether a beneficiary of a decedent’s estate would be entitled to funds from the decedent’s account if the payable on death (“POD”) beneficiary or joint owner of the account was found to have procured the beneficiary or ownership interests through undue influence. In this case, the court found that the beneficiary could have rights to some of the decedent’s multiple accounts, but not all of them.

In this case, Betty Margaret Reynolds (“Betty”) hired Respondent Kenneth Nelson to draft several of her estate planning documents, including a beneficiary deed, a 2000 Will, and a 2006 Will. The beneficiary deed named Appellant Eric Williams as the sole beneficiary of certain real estate owned by Betty. The 2000 Will drafted named Norma Lamp and Erma Baughman as equal beneficiaries. The 2006 Will named Respondent Sandra Nelson and Appellant Eric Williams as equal beneficiaries. (more…)

Wednesday, December 4, 2013

Irvine Partner, Renee Gabbard, published an article entitled “Sow Estate Planning Ideas for Farmers and Ranch Owners” in the December 2013 issue of “Estate Planning”.

With wealth often concentrated in a low-basis illiquid asset, farmers may benefit from a contrarian analysis of certain common estate planning strategies. (more…)

Tuesday, December 3, 2013

Irvine Parter, Renee Gabbard, and St. Louis Partner, Stephen Daiker, were both recognized as 2014 Five Star Estate Planning Attorneys.

To receive the award, an estate planning attorney must satisfy 10 objective eligibility and evaluation criteria that are associated with estate planning attorneys who provide quality services to their clients. Five Star Professional conducts market-specific research throughout the U.S. and Canada to identify reputable and trustworthy service professionals.

Congratulations to Renee Gabbard and Stephen Daiker!