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Posts from March 2018.
Posted in Litigation

U.S. Attorney General Jeff Sessions announced Jan. 30 that the Department of Justice (DOJ) has launched a new criminal investigation and prosecution effort targeting physicians who prescribe or dispense opioids in amounts disproportionate to their peers, along with pharmacies that distribute disproportionate amounts of opioids. Sessions also announced that he has assigned experienced federal prosecutors in “opioid hot spot districts” to focus solely on investigating and prosecuting opioid-related health care fraud.

Posted in Estate Planning

In a recent Florida Appeals decision, Landau v. Landau, a trustee who failed to file proper and complete trust accountings for two years, and to file trust income tax returns for the same two years, was hit with a freeze of the trust assets by the Court. Because the trustee was also the lifetime income beneficiary of the trust, this freeze effectually prevented the trustee from using the trust for his own support.

Posted in General

During Commerce Lexington's Annual Dinner, Darby Turner was named a Public Policy Advocate of the Year alongside Lexington Mayor Jim Gray and University of Kentucky’s Dr. Eli Capilouto and Eric Monday.

Scott Miller of Umbaugh discusses municipal water rates. In this long-awaited segment, Scott delves into what elements of cost make up municipal rates. Scott also addresses some common issues encountered during the municipal rate-setting process, whether the utility is in a regulated or unregulated jurisdiction.

Posted in Estate Planning

Many people want to leave the substantial wealth they have accumulated in retirement accounts in trust for their beneficiaries, rather than having the retirement accounts pass outright to them.  However, the IRS has established extremely complicated rules governing when retirement plan, IRA and Section 403(b) annuity contracts payable to a trust can be distributed over the life expectancy of one of the trust beneficiaries, rather than under the general five year distribution time limit.

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