The United States Supreme Court today ruled in a unanimous opinion against North Carolina in a trust tax case. The American College of Trust and Estate Counsel (ACTEC) filed an influential amicus brief in March, The North Carolina Department of Revenue v. The Kimberly Rice Kaestner 1992 Family Trust. The Supreme Court decision determined that a trust beneficiary’s residence in a state does not establish a necessary connection for the state to tax the trust.

The Florida Fellows Institute of The American College of Trust and Estate Counsel (ACTEC) recently recognized 29 graduates of the program’s fourth class.

The Board of Regents of The American College of Trust and Estate Counsel (ACTEC) met at the 2019 Annual Meeting in La Quinta, CA to review nominations for a new class of Fellows. We are proud to announce that 40 individuals have been peer-elected to the College. This group of new Fellows spans the US, including three Fiduciary Counsel Fellows, as well as five International Fellows representing Belgium, Canada, China, and Italy.

ACTEC announces John A. (“Jack”) Terrill, II is to serve as the 2019-2020 President. The Board of Regents of the College inaugurated the 2019-2020 officers during its Annual Meeting in La Quinta, California. Terrill, a partner at Heckscher, Teillon, Terrill & Sager, P.C. in West Conshohocken, Pennsylvania succeeded ACTEC Fellow Charles D. “Skip” Fox, IV.

An amicus brief in The North Carolina Department of Revenue v. The Kimberley Rice Kaestner 1992 Family Trust was filed on March 1, 2019, with the Supreme Court by ACTEC. This is an important case dealing with the ability of a state to tax the income of an irrevocable nongrantor trust.

The Board of Regents of The American College of Trust and Estate Counsel (ACTEC) met October 28 at the 2018 Fall Meeting in Washington, DC to review nominations for a new class of Fellows. We are proud to announce that 38 individuals have been peer-elected to the College. This group of new Fellows spans the US, including one academic Fellow and four Fiduciary Counsel, and also an International Fellow representing France.

ACTEC and its Fellows researched and offered opinion to Supreme Court in Sveen v. Melin. The decision was 8-1 in favor of the position taken by ACTEC as amicus curiae with only Justice Gorsuch dissenting. ACTEC supported the position that revocation upon divorce statutes, applied retroactively to life insurance beneficiary designations, do not violate the Contracts Clause of the U.S. Constitution.

The Board of Regents of The American College of Trust and Estate Counsel (ACTEC) met in March at the 2018 Annual Meeting in San Antonio to review nominations for a new class of Fellows. We are proud to announce that 32 individuals have been peer-elected. This group of new Fellows spans the US and also includes four International lawyers representing Canada, Austria, and Spain.

ACTEC announces Charles D. “Skip” Fox, IV is to serve as the 2018-2019 President. The Board of Regents of the College inaugurated the 2018-2019 officers during its Annual Meeting in San Antonio, TX. Fox, a partner at McGuireWoods from Charlottesville, VA, succeeds ACTEC Fellow Susan T. House.

The American College of Trust and Estate Counsel (ACTEC) is proud to announce this year’s second class of New Fellows. ACTEC is an organization of peer-elected lawyers and law professors who are skilled and experienced in the preparation of wills and trusts, estate planning, and probate procedure; and administration of trusts and estates of decedents, minors, and incompetents.