trusts

Credit union group wins special purpose bank charter in Michigan

05/20/19

Credit Union Trust, a new credit union service organization, has obtained a bank charter that it will use in offering trust and investment-related services.

[more]

UMB to buy corporate trust business in Iowa

03/05/19

The company will open its first office in Iowa after buying the business from Bankers Trust.

[more]

Atlantic Coast in Ga. selling trust business

12/18/17

Southeastern Trust is being sold to a group led by the unit's management team.

[more]

Hancock in Miss. to buy Capital One's trust and asset management business

12/18/17

The purchase will significantly increase Hancock's assets under management and administration.

[more]

Cypress Trust in Fla. to buy CenterState's personal trust business

12/11/17

The deal includes roughly 120 client relationships. Employees in CenterState's trust department will join Cypress Trust.

[more]

SI Financial in Conn. to sell trust and asset management business

03/21/17

Plimoth Investment Advisors, a firm owned by two mutuals in Massachusetts, is buying the business.

[more]

A Warning Against Do It Yourself Legal Forms

03/29/13
A debtor avoided losing her home in a recent case illustrating the perils of do it yourself legal forms.    Lowe v. Vazquez, No. SA-12-CV-00399-DAE (W.D. Tex. 3/28/13).    
[more]

Fifth Circuit Trusts (Chapter 7) Trustee's Interpretation of Trust

07/28/11
In an interesting ruling that has more to do with trust law than bankruptcy, the Fifth Circuit has ruled that a bankruptcy court incorrectly held that a trust was not property of the estate. Roberts v. McConnell, No. 10-50462 (5th Cir. 6/15/11). You can find the opinion here.
[more]