The charitable remainder trust (CRT) is a useful tool to generate a stream of income for a term of years or for life for yourself or others while helping you recognize a tax deduction. A CRT involves giving a gift of cash, appreciated assets, or other property to an irrevocable trust which pays a stream of income during the trust term. At the end of the trust term, a designated charity receives the remaining trust assets. There are pros and cons when considering whether to create a CRT. At…
1. Where were you born and what makes that city special?  I was born in Brooklyn, New York, which is a diverse city both in terms of race and religion.  Because of this diversity, Brooklyn is home to amazing music, art, and food.  We moved out of Brooklyn when I was just a toddler, to “The Island”, as a lot of folks do.  We lived on Long Island until I was about ten years old, when we moved to Boca Raton, Florida.  I’ve also lived in Tallahassee, Florida, Boston,…
On June 9, 2022, The Hon. Mark H. Cohen granted final approval of a shareholder derivative settlement which resolved consolidated shareholder lawsuits pending in the United States District Court for the Northern District of Georgia as well as a related shareholder lawsuit pending in Georgia superior court. Johnson Fistel, court-appointed lead counsel, negotiated the settlement that commits The Southern Company, through its Board and/or committees of the Board or duly authorized officers of The Southern Company, to adopt and/or maintain for a minimum period of five years a comprehensive…