Scott Bent

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Beyer Beware: An Examination of a Family Limited Partnership Gone Wrong

Photo of Scott BentBy Scott Bent on Posted in Estate Planning, Estate Tax
The opinion issued on Sept. 29, 2016, in the case of Estate of Edward G. Beyer v. Commissioner of Internal Revenue was the culmination of an estate planning exercise that had an unfortunate ending for everyone involved (other than the IRS). The case involved a number of failed estate planning techniques. Background The situation began … Continue Reading

Protecting Private Wealth: Recent Bankruptcy Cases Involving Tuition Payments and Profit Sharing Plans

Photo of Christopher FidlerPhoto of Scott BentBy Christopher Fidler and Scott Bent on Posted in Estate Planning
The BakerHostetler Bankruptcy, Restructuring, and Creditor’s Rights team has issued an Executive Alert highlighting two recent decisions involving debtors in bankruptcy.  The first case holds that tuition payments for the debtor’s minor children’s parochial school tuition are not fraudulent transfers.  The second case holds that profit sharing plan assets used to fund the debtor’s IRA are not … Continue Reading

ACTEC Wealth Advisor App Offers Powerful Planning Tool for Wealth Management Professionals

Photo of Scott BentBy Scott Bent on Posted in Estate Planning, Estate Tax, Income Tax, Tax
The American College of Trust and Estate Counsel (ACTEC) is a national association of leading trust and estate attorneys.  ACTEC contributes to the field of trusts and estates law through scholarship, teaching, and bar leadership activities.  BakerHostetler’s private wealth planning attorneys have a long and active history with ACTEC.  Recently, BakerHostetler’s participation helped with the … Continue Reading
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