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Latest Trust law Stories

2014-03-12 23:03:06

Kiss Trust’s Special Needs Trust Protects Government Benefits; Now More Affordable Than Ever Bel Air, MD (PRWEB) March 12, 2014 Eastern Point Trust Company, the leader in online Special Needs Trust creation and administration, highlights the trend of its signature product Kiss Trust being used to protect government benefits of disabled children and adults. A Special Needs Kiss Trust allows families to create a trust to provide for supplemental living expenses and needs of their disabled...

2014-03-12 08:27:58

Local Law Firm Recognized for their Domestic and International Tax, Trust & Estate Law Group LYNDHURST, N.J., March 12, 2014 /PRNewswire/ -- CorporateINTL, a U.K. based international business magazine, has named Scarinci Hollenbeck the "Tax Law Firm of the Year in New Jersey." CorporateINTL is a leading, monthly publication for business leaders and financiers, providing key insights and commentary on emerging markets and domestic and international business. (Logo:...

2014-03-11 23:03:13

Merger Expands Kiss Trust Investment Platform Bel Air, MD (PRWEB) March 11, 2014 Eastern Point Trust Company acquired Presidio Securities, Inc. by merger. Presidio Securities, Inc. has been in a registered Broker Dealer since 1987. Floyd Simeon, Chairman of Eastern Point Trust Company remarked, “We selected Presidio because of its 27 year clean compliance record and a staff of experienced professionals which allows Eastern Point Trust Company and our Kiss Trust platform to expand our...

2014-03-05 12:22:07

DALLAS, March 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 $0.19883 per unit, payable on March 31, 2014, to unit holders of record on March 17, 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 its...

2014-02-28 23:30:40

In light of recent developments between Michael Jackson’s estate and the IRS, Addicus wants everyone to take a serious look at their estate planning. Establishing a plan now will save major headaches down the road. Oxford, MS (PRWEB) February 28, 2014 The tax dispute over the value of Michael Jackson’s image and other estate assets/vehicles is a good example of why careful estate planning is critical for anyone – not just the “King of Pop”. Addicus, a multi-family office based...

2014-02-21 16:21:07

HOUSTON, Feb. 21, 2014 /PRNewswire/ -- Torch Energy Royalty Trust (the "Trust") (OTC PINK Sheets: TRRU) (www.torchroyalty.com) today announced that it filed a Form 15 with the Securities and Exchange Commission (the "SEC") on February 20, 2014 to terminate the registration of its units and suspend its reporting obligations under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The Trust is eligible to terminate its registration by filing a Form 15 because it has...

2014-02-19 12:22:56

DALLAS, Feb. 19, 2014 /PRNewswire/ -- Dominion Resources Black Warrior Trust (NYSE: DOM) today announced a quarterly cash distribution to the holders of its units of beneficial interest of $0.171950 per unit. The distribution will be payable March 11, 2014 to unitholders of record on March 3, 2014. Dominion'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...

2014-02-18 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....


Word of the Day
cenobite
  • One of a religious order living in a convent or in community; a monk: opposed to anchoret or hermit (one who lives in solitude).
  • A social bee.
This word comes from the Latin 'coenobium,' convent, which comes from the Greek 'koinobios,' living in community.
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