Muncie-based First Merchants Bank has settled a federal lawsuit, following U.S. Department of Justice allegations that the bank engaged in lending discrimination by redlining predominantly African-American neighborhoods in Indianapolis.
A disagreement between two siblings has been squashed now that an appellate court has sided with a woman who was granted last-minute possession of her mother’s estate just days before her death, canceling a former transfer on death deed shared with her brother.
After a man who filed a wrongful death suit for his wife died intestate and without heirs while the suit was pending, the Court of Appeals concluded the estate’s personal representative could not claim survivor damages.
A celebration of life service for Lawrence Jegen III, professor at the Indiana University Robert H. McKinney School of Law, will begin at 3 p.m. June 3 in the north atrium of the Indiana Statehouse. Jegen died May 17 at 83 years old.
Passage of federal tax reform spelled numerous changes for wealthy Americans, and taxpayers and their lawyers have been forced to learn new nuances to estate planning and wealth management procedures as they try to determine how the new legislation will impact them.
An Indiana trial court erred when it ordered two divorced parents to become co-owners of the ex-husband’s 529 savings account in post-dissolution proceedings, finding the account was the man’s property, so the trial court lacked authority to make his ex-wife a co-owner.