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Legals for May, 2 2024
CLN TRUSTEES: Politicizing, wasting time, shunning intellectual freedom
CLN TRUSTEES: Politicizing, wasting time, shunning intellectual freedom
Legals for August, 18 2023
Legals for May, 29 2024
Legals for November, 3 2023
Do you know when certain real estate should not be titled to your family’s living trust?
One of the most important parts of having a living trust designed to avoid probate is to have those assets which would normally require probate assigned to the trust. By this I mean that the trust needs to be the owner of the probate-causing assets (more technically, the Trustee of the trust is the owner, but in his or her capacity as Trustee). In Idaho, one asset that will almost always implicate the need for a probate after death is real estate. So, when I help clients establish a living trust for estate planning, I also assist them in getting their real estate retitled into their trust. This typically means preparing, executing, and recording a new deed for the client’s personal residence which names the trust as the titled owner of the property going forward (again, technically, the deed shows the Trustee of the trust as the titled owner, but in their capacity as Trustee of said trust). If a client owns more than one residence, we will be repeating this process for each.
If you own rental property, you need to understand how trusts and LLCs work together to avoid probate and protect against liability
One of the most important parts of having a living trust designed to avoid probate is to have those assets which would normally require probate assigned to the trust. By this I mean that the trust needs to be the owner of the probate-causing assets (more technically, the Trustee of the trust is the owner, but in his or her capacity as Trustee). In Idaho, one asset that will almost always implicate the need for a probate after death is real estate. So, when I help clients establish a living trust for estate planning, I also assist them in getting their real estate retitled into their trust. This typically means preparing, executing, and recording a new deed for the client’s personal residence which names the trust as the titled owner of the property going forward (again, technically, the deed shows the Trustee of the trust as the titled owner, but in their capacity as Trustee of said trust). If a client owns more than one residence, we will be repeating this process for each.
Wright Insurance declines coverage for CLN
Unresolved claims cited as reason for denial
After trustees voted to change the Community Library Network's insurance policies, the insurer they sought to contract with has declined coverage, citing current unresolved claims.
EDITORIAL: Farewell to an authentic difference maker
Joe and Yvette Dunlap leaving North Idaho for Washington.
Midtown Meeting Center expansion postponed
A planned expansion to the Coeur d’Alene School District’s Midtown Meeting Center is on hold.
Legals for November, 29 2023
MORRISROE: ‘Added value to our schools’
MORRISROE: ‘Added value to our schools’
Legals for July, 21 2023
Legals for November, 15 2023
Community Library Network facing litigation threat
Changes to materials selection policies draw scrutiny
Litigation may be imminent for the new board of the Community Library Network. Former trustee Regina McCrea submitted a letter Wednesday addressed to the board majority — Rachelle Ottosen, Tim Plass and Tom Hanley — in her official capacity as an attorney.
CLN trustees to review all materials purchases
Library director says move is unethical, increases liability risk
Staff members of the Community Library Network will now be required to present the board of trustees with a report of new purchases every other month.
MY TURN: NIC trustees fail athletic program
During my 10 years as a university president, I had the good fortune to work with exceptional boards of trustees who were fiercely loyal to the mission of the university, forward-looking, fiscally responsible, and great partners with university administration. They always acted in the best interests of the university and not their personal preferences.
EDITORIAL: Swayne remains target, but why?
Obsession to remove NIC president is one more reason to find trustee board majority untrustworthy
POLITICS: Time for a change
I read so many letters that say the people disagree with the governor and the president, the trustees at NIC and all of that, but then when the time to vote comes around these same people are voted back into the same office.
CLN: Trustees taking away First Amendment rights
CLN: Trustees taking away First Amendment rights