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August 24, 2010
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Estate Planning News

 

 

Racial Discrimination Damages Of $120,000

EEOC v. Jefferson Smurfit Corp.

In this Title VII suit, the Chicago District Office alleged that a white supervisor at the Hanover Park, Illinois facility of defendant, a major container manufacturer, subjected African-American employees under his supervision (including a machine operator, a stacker operator, and two roll stock technicians) to racial harassment. The conduct consisted of hostile and offensive racial remarks and oppressive and intimidating supervision of black employees.

The African-American employees complained about the supervisor's conduct from at least December 2000 until defendant finally terminated the harasser in June 30, 2003. Under the 2-year consent decree resolving the case, four individuals will receive a total of $120,000 in monetary relief. Defendant is enjoined from discriminating against employees at its Hanover Park, Illinois facility because of race and is prohibited from engaging in retaliation under Title VII.

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Did You Know?    
 
 
A "Family Limited Partnership" can be used to own and manage your property
In a similar manner to a Trust, but allowing additional tax planning techniques to be employed. Family Limited Partnerships are typically used for those who have large estates and thus have a need for specialized estate planning in order to minimize federal and state estate/death/inheritance taxes as well as provide elements of asset protection.

 


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Latest news about Financial & Estate Planning in North Dakota and nationwide:

KPMG to Pay $456 Million for Criminal Violations
IR-2005-83, Aug. 29, 2005

WASHINGTON — KPMG LLP (KPMG) has admitted to criminal wrongdoing and agreed to pay $456 million in fines, restitu...

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Egyptian Man Pleads Guilty To Alien Smuggling Charges
WASHINGTON—An Egyptian man has pleaded guilty to smuggling nearly 100 individuals from Middle Eastern countries into the United States, Assistant A...
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Study Shows Progress of Women and People of Color Among Legal Professionals
WASHINGTON - A new study by the U.S. Equal Employment Opportunity Commission (EEOC) entitled "Diversity in Law Firms" reveals that women now compri...
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Estate Planning Terms

 


Today's Terms

Grantor

Definition:
The person who sets up or creates the trust; also called a Settlor, Trust Creator, Trust Maker, or Trustor.

Living Trust

Definition:
Sometimes called an Inter-Vivos Trust--A written legal document established during a person's lifetime into which he/she places property.

Gross Estate

Definition:
The value of an estate before the debts are paid. In California Probate statutory attorneys and personal representatives fees are usually calculated based on the gross value of the estate, so that the value of the home is calculated before deducting the amount due on the mortgage.

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Estate Planning Resources

 


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Estate Planning Hot Topics

 
Topics Related to Estate Planning:

  • Trusts
  • Wills
  • Uniform Probate Code
  • Gift Tax

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North Dakota Estate-Planning Attorney

 
If you live in the following cities and need an Estate-Planning attorney you should contact our Estate-Planning Attorney as soon as possible:

  • Bismarck
  • Dickinson
  • Fargo
  • Grand Forks
  • Jamestown
  • Mandan
  • Minot
  • Wahpeton
  • West Fargo
  • Williston
 


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