What’s trending on NP Trusts & Estates

July 02, 2018

NP Trusts & Estates Blog

Author(s): Deborah L. Anderson, Alexandra P. Crean, Sally A. Dabrowski, Mary Ford, Evelyn V. Moreno, Mary-Benham B. Nygren, Kerri L. Painting, Nicole A. Place, Tiffany Wong

Prenuptial agreements and relationship contracts, determining who should be asked to serve in your estate plan, surprise assets, backup withholding and more. Here’s what’s trending in estate planning and wealth management.

Estate Planning

Prenuptial agreements and relationship contracts

Love and money are not so easy to separate and resulting emotions complicate negotiating a prenuptial agreement.—Deborah L. Anderson

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The people named in your estate plan—what they do and what characteristics they should possess

Nominating a Health Care Proxy, Attorney-in-Fact, Executor and Trustee are typically part of the estate planning process. Here’s what these roles comprise and help in determining who should be asked to serve.—Alexandra P. Crean

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Estate Administration

What assets are most often forgotten or unknown by the family?

Over the years, our estate attorneys and paralegals have assisted with the collection and transfer of lots of assets. The surprise assets always keep estate administration interesting.—Sally A. Dabrowski, Deborah L. Anderson, Alexandra P. Crean, Mary Ford, Mary-Benham B. Nygren, Nicole A. Place, Evelyn V. Moreno, Kerri Painting

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Trusts: thinking about environmental, social and governance investing

Grantors and beneficiaries are increasingly interested in exploring ways to invest trust assets in ways that reflect their values, beliefs and desire for impact on society.—Sheila Bridges

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Market Pulse: June Economic Highlights

Economic and market highlights from the NP Investment Team for June 2018.—NP Investment Team

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Income Taxes

What is backup withholding?

If you are subject to backup withholding, federal income tax will be withheld from each income payment due on an asset prior the income being paid to you.—Tiffany Wong

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The foregoing has been prepared for the general information of clients and friends of the firm. It is not meant to provide legal advice with respect to any specific matter and should not be acted upon without professional counsel. If you have any questions or require any further information regarding these or other related matters, please contact your regular Nixon Peabody LLP representative. This material may be considered advertising under certain rules of professional conduct.

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