Kaufman and Canoles



Private Client Services Update - Estate Planning Considerations for Non-Citizens
New immigration legislation is on the near horizon, or at least it is the subject of active debate in Congress. The result of new legislation may be a welcome clarification of status for families of non-citizens residing in the U.S., and an influx of new immigrants with special skills and ability to generate wealth.
By Alison V. Lennarz and Private Client Services

Third Party Vendor Issues and Checklist
For years, credit unions have been alerted by the NCUA to the need for vendor due diligence and other third-party vendor relationship requirements. Now, the Federal Reserve Board has alerted banks, and the Consumer Financial Protection Bureau has joined the bandwagon and is even issuing unfair and deceptive trade practice alerts against third-party vendors.
By E. Andrew Keeney

Private Client Services Update - Alternatives for Waiver of Testamentary Trust Accountings
Even though there are good estate planning approaches available under Virginia law for clients who wish to avoid probate and court supervision of the administration of their estate and trusts, there are many who still prefer to have a will as their main testamentary document.
By Edward R. Stolle and Private Client Services

Self-Audit Mandate Documents

You may download the attached PDF to view the documents referenced by John Peterson at the Self-Audit Seminar. 

The documents included here are:

  • Step-by-Step Guide to Planning for the 2014 Employer Health Insurance Mandate
  • Self Compliance Tool for Part 7 of ERISA:HIPPA and Other Health Care-Related Provisions
  • Self-Compliance Tool Part 7 of ERISA:Affordable Care Act Provisions.

By John M. Peterson, ESOPs & Employee Benefits and Labor & Employment

CFPB's Final Mortgage Regulations: Ability-to-Repay and Qualified Mortgage Rules
E. Andrew Keeney presented this program to NAFCU on March 6, 2013.
By E. Andrew Keeney

Credit Union Legal Update - Winter 2013
In This Issue:
- No Private Right of Action Against Credit Union for Violating Bylaws
- Illegal Reconveyance Fee Claim Under Consumer Protection Statute Not Preempted by Federal Law
- Member's Post-Discharge Default Leads to Award of Additional Attorney Fees for Credit Union
- Award on Breach of Contract Claim for Credit Card Debt Reversed Due to Lack of Evidence
- Worth Watching: Recently Filed Lawsuits and Hot Topics
By Brian O. Dolan and Marc E. Darnell

Private Client Services Update - It's Not Set in Stone: Reciprocal Wills Do Not Automatically Create an Irrevocable Estate Plan
In a world with an ever increasing number of blended families and second marriages, it is not uncommon for couples to desire to treat all of their children and step-children equally. On many occasions such couples elect to prepare wills or revocable trusts that provide for all assets to pass to the surviving spouse, and upon the death of the surviving spouse, to pass such assets to all of the husband’s children and the wife’s children, with each child getting an equal share.
By Sarah E. Messersmith and Private Client Services