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Last updated on April 23, 2014 at 16:13 EDT

Latest Trust law Stories

2014-02-18 12:24:01

DALLAS, Feb. 18, 2014 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.091691 per unit, payable on March 14, 2014, to unit holders of record on February 28, 2014. This month's distribution increased from the previous month due to an increase in pricing for both oil and gas and an increase in gas production. Additionally, there was an increase in oil production as a result...

2014-02-18 12:23:55

DALLAS, Feb. 18, 2014 /PRNewswire/ -- U.S. Trust, Bank of America Private Wealth Management, as Trustee of the Hugoton Royalty Trust (NYSE - HGT) (the "Trust"), today declared a cash distribution to the holders of its units of beneficial interest of $0.051051 per unit, payable on March 14, 2014, to unitholders of record on February 28, 2014. The following table shows underlying gas sales and average prices attributable to the net overriding royalty payments made by XTO Energy Inc....

2014-02-18 12:23:47

DALLAS, Feb. 18, 2014 /PRNewswire/ -- U.S. Trust, Bank of America Private Wealth Management, as Trustee of the Cross Timbers Royalty Trust (NYSE - CRT), today declared a cash distribution to the holders of its units of beneficial interest of $0.197297 per unit, payable on March 14, 2014, to unitholders of record on February 28, 2014. The following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions....

2014-02-18 12:23:26

DALLAS, Feb. 18, 2014 /PRNewswire/ -- Marine Petroleum Trust (NASDAQ: MARPS) ("Marine") today declared a quarterly cash distribution to the holders of its units of beneficial interest of $0.361546 per unit, payable on March 28, 2014, to unitholders of record on February 28, 2014. Marine's cash distribution history, current and prior year financial reports, a link to filings made with the Securities and Exchange Commission and more can be found on its website at...

2014-02-12 23:24:04

Heather J. Lange named a principal of the firm. Southport, Connecticut (PRWEB) February 12, 2014 Brody Wilkinson PC is pleased to announce that Heather J. Lange was named a principal of the firm. Ms. Lange joined Brody Wilkinson in 2009 as counsel and is a member of the firm’s Trusts & Estates and Dispute Resolution Groups. She practices in the areas of estate planning, trust and estate administration, estate settlement, and probate, trust and fiduciary litigation. Ms. Lange...

2014-02-10 23:25:10

This article discusses Federal Gift and Estate Tax Exclusion between spouses. (PRWEB) February 10, 2014 Pozzuolo Rodden P.C., Philadelphia Estate Planning Lawyers, announces the release of "The Fundamentals of the Federal Gift and Estate Tax Exclusion Portability Between Spouses" “Portability” is a concept under the transfer tax laws of the Internal Revenue Code. Specifically, portability allows a surviving spouse to use a deceased spouse’s unused federal gift and estate...

2014-02-07 23:23:14

Professor Haas brings more than 26 years of legal and business experience to the position, and has served on the Board of American Independence Funds since 2005. New York, NY (PRWEB) February 07, 2014 American Independence Funds Trust and American Independence Funds Trust II (“American Independence Funds”) are pleased to announce that Professor Jeffrey J. Haas has been unanimously elected as Chairman of the Board of Trustees. Professor Haas brings more than 26 years of legal and...

2014-02-05 12:31:50

DALLAS, Feb. 5, 2014 /PRNewswire/ -- U.S. Trust, as Trustee of the Sabine Royalty Trust (NYSE - SBR), today declared a cash distribution to the holders of its units of beneficial interest of $0.27200 per unit, payable on February 28, 2014, to unit holders of record on February 18, 2014. Sabine's cash distribution history, current and prior year financial reports and tax information booklets, a link to filings made with the Securities and Exchange Commission and more can be found on...

2014-02-04 23:28:38

Elder law attorney Anthony J. Enea, managing partner at Enea, Scanlan & Sirignano, LLP in White Plains, N.Y., recently addressed the benefits and drawbacks of the revocable living trust at the New York State Bar Association’s 2014 Senior Lawyers Section Annual Meeting. While many default to a last will and testament when planning the future of their estate, Mr. Enea urges seniors to consider the revocable living trust as a potentially preferable option. White Plains, NY (PRWEB)...

2014-01-21 12:23:41

DALLAS, Jan. 21, 2014 /PRNewswire/ -- U.S. Trust, Bank of America Private Wealth Management, as Trustee of the Hugoton Royalty Trust (NYSE - HGT), today declared a cash distribution to the holders of its units of beneficial interest of $0.052662 per unit, payable on February 14, 2014, to unitholders of record on January 31, 2014. The following table shows underlying gas sales and average prices attributable to the net overriding royalty payments made by XTO Energy Inc. (XTO Energy) to...