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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 Iowa 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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Justice Department Settles Voting Rights Lawsuit
WASHINGTON – The Justice Department today reached a successful resolution of a lawsuit against the city of Springfield, Mass., regarding allegation...
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Proof Beyond A Reasonable Doubt
(1) Every person charged with the commission of a crime is presumed innocent unless proved guilty. No person may be convicted of a...
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Estate Planning Terms

 


Today's Terms

Interlineation

Definition:
Something written in-between; often a change to a typed document that is made by crossing out words and entering in replacement words. Never change an executed will or trust by interlineation.

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.

Transfer Tax

Definition:
The combined Federal Estate and Gift tax. A single exemption credit applies whether the property was transferred during a person's lifetime (gift tax) or is held by a person at the time of his/her death (estate tax).

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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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Iowa 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:

  • Ames
  • Ankeny
  • Bettendorf
  • Burlington
  • Cedar Falls
  • Cedar Rapids
  • Clinton
  • Council Bluffs
  • Davenport
  • Des Moines
  • Dubuque
  • Fort Dodge
  • Iowa City
  • Marion
  • Marshalltown
  • Mason City
  • Muscatine
  • Newton
  • Ottumwa
  • Sioux City
  • Urbandale
  • Waterloo
  • West Des Moines
 


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