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In a recent case, the Massachusetts Supreme Judicial Court held that the Settlor s irrevocable trust which he had established for his own sole lifetime benefit could be attached after his death to pay his debts for his pre-death offenses.
The facts in De Prins v. Michaeles were gruesome. Two neighbor couples in Arizona got into a water rights dispute that led to litigation. A short time after one couple prevailed in the case, the wife of the other couple committed suicide. A few months later, the surviving spouse created an irrevocable trust for his sole lifetime benefit, and conveyed most of his assets to it. Within another few months, he then murdered his two neighbors, and committed suicide the next day.
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Supreme Judicial Court orders new trial in Governo-CMBG3 dispute bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
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The Name s Not Bond: Mass. Court Takes On Casino Rules
Law360 (April 7, 2021, 10:50 PM EDT) The Massachusetts Supreme Judicial Court on Wednesday heard oral arguments in two class actions accusing Boston-area casinos of shortchanging blackjack winners, with the high court focusing on the game s fairness and asking for a little help with the rules for those who aren t famed fictional gambler James Bond.
The blackjack players led by A. Richard Schuster and Ted DeCosmo argued that casinos operated by Wynn Resorts Ltd. and MGM Springfield LLC have been paying a $60 prize to blackjack winners who bet $50, or six-to-five, despite using more favorable rules to the house reserved for a higher-payout game. Looking at hundreds.
The Name s Not Bond: Mass Court Takes On Casino Rules law360.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from law360.com Daily Mail and Mail on Sunday newspapers.