ACADEMIC TOPICS

Chapter 9 of the U.S. Bankruptcy Code provides a legal remedy for insolvent municipalities to "provide adequate municipal services" to residents (In re City of Detroit).

A charging lien is defined as a type of attorney's lien under which a lawyer acquires an interest in a judgment awarded to the client.  This may mean that the lawyer can ev

Charitable contributions are donations of money or other resources to a 501(c)(3) charitable organization such as environmental advocacy groups or food banks. The key characteristic of these contributions is that they can be deducted from an individual’s taxes unlike donations to other organizations like political action committees (PACs). 

Charitable lead trusts allow individuals to set-up trusts where some of the income goes to a charity, but when the trust ends, the assets do not go to the charity.

• trust

A charitable organization is a nonprofit organization that seeks to advance some public benefit.

Charitable remainder annuity trusts (CRAT) allow a grantor to create a trust that generates income until the beneficiary dies, then later transfers the assets to a charity.

• trust

Charitable remainder trust allows a grantor to create a trust that generates revenue for a few years and then transfers the assets to a charity. These types of trusts are popular because they allow the grantor to still generate income while receiving tax benefits after creating the trust.

• trust

Charitable remainder unitrusts (CRUT) allow grantors to create tax beneficial trusts which continue to generate income for a specific amount of time, then transfer the assets to a charity.

• trust

A charitable trust is a trust made for the benefit of specific charitable purposes.  The purpose of the trust must fall into one of the specific purpose categories or is it not valid.  Charitable trusts are favored by the law.  They do not have to have definite beneficiaries because the

A charitable trust qualifies for certain favorable treatment under U.S.

• trusts and estates