Thursday, September 25, 2014

Originally posted on

A recent case from Connecticut, Tyler v. Tyler, involved a claim to modify a trust based on undue influence. Few details are provided in the opinion about the requested modification but it is a curious claim. If undue influence is exerted over the grantor, then isn’t the contested trust or amendment invalid? Why or how should a trust that is the product of undue influence be modified to reflect the true intent of the grantor? (more…)

Friday, September 19, 2014

On Wednesday, the Federal Reserve renewed its pledge to keep interest rates near-zero for a “considerable time,” but the Fed also indicated it could raise borrowing costs faster than expected.  In a statement after a two-day meeting of its policy-setting Federal Open Market Committee, the Fed announced a further $10 billion reduction in its monthly bond purchases, leaving the program on course to be shuttered next month.  The Fed also released a new blueprint for how it plans to exit the extraordinary monetary stimulus it put in place to combat the 2007-09 financial crisis and recession.

Thursday, September 18, 2014

Wednesday, September 17, 2014

The 7520 rate for October is holding steady at 2.2%.

The October 2014 Applicable Federal Interest Rates can be found here.

Tuesday, September 9, 2014

statuteofliberty  Update: New York State’s Department of Taxation and Finance recently released a summary of the changes made to New York’s estate tax law earlier this year which were previously reported on this blog.  As reported before these changes were rather significant and are worth repeating. (more…)

Monday, September 8, 2014

Originally Posted on

Wednesday, Oct. 29, 2014, from 9 a.m. to 5 p.m. in 202 J.C. Penney Conference Center at UMSL.

Starting a 501(c)(3) nonprofit organization and governing a 501(c)(3) nonprofit organization are flip sides of the same coin. Instructor Dan Sise knows that the steps you take in forming a 501(c)(3) nonprofit corporation affect how your organization must operate in the future. And the steps you take in the governance and operation of your 501(c)(3) nonprofit corporation affect your ability to maintain your 501(c)(3) tax-exempt status with the IRS on an ongoing basis.

Come to this class to learn how to start a Missouri nonprofit corporation that will seek to obtain 501(c)(3) tax exempt status from the IRS. In addition, this class will also cover good governance policies, strategies, and requirements that will allow your organization to maintain its 501(c)(3) tax exempt status on an ongoing basis once you are up and running.

This is an intensive 8 hour class that will focus on practical information and resources like forms to use, web sites to access, governmental offices to contact or be aware of, and a checklist of steps to take. The fee for this class includes lunch.

To register, see here.