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How the Hearing Protection Act May Re-classify Suppressors

The Hearing Protection Act includes provisions to remove suppressors from classification under the National Firearms Act. Created in effort to legalize ownership of suppressors and prevent hearing impairment associated with firearms use, the HPA would not supersede state legislation banning suppressors/silencers. Ultimately, the federal regulations pertaining to suppressors would be removed.
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2016 Best States for Dynasty Trusts

Dynasty trusts allow for long-term growth and transfer of assets, but some jurisdictions offer more favorable legal protections than others. Here are the current states with the most advantageous dynasty trust regulations.
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When and How to Incentivize an Inheritance

If a beneficiary receives an inheritance outright, rather than in trust, there is little that can be done to prevent possible inadvisable use of the funds. Our trust lawyers take a closer look at a few key events and life stages that might prompt family to restructure assets and modify trusts for future heirs.
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Potential 40 Percent Inheritance Tax on Foreign Assets

  • December 14, 2016
  • Tax
Speculation of forthcoming tax law changes under the Trump Administration has been a prime topic of financial talks and news media since Election Day. However, another tax matter currently under review would impose an inheritance tax on foreign assets for some taxpayers.
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Are Trust Protectors Fiduciaries?

While trustees are held to fiduciary standards, not all trust protectors are regarded as fiduciaries. Whether a trust protector is considered to be a fiduciary hinges upon two factors – the terms of the trust and state law.
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