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Till Death Do Us Part? The Texas Doctrine of Fraud on the Spouse…and the Intersection of Charitable Giving
February 27, 2020
Brian D. Cororve, attorney, Gray Reed & McGraw LLP
Marriages can be stressful – managing the finances, dealing with the kids, making time for each other. Sometimes, a spouse can add to that stress by making transfer of an asset (during life or at death) that disposes of the community property interest of the other spouse. This is known as “fraud on the spouse” and this can (and often does) occur without the donor spouse realizing what they are doing. A donor may not appreciate that they are giving away an asset owned by both spouses, and when that gift involves a charity, to what extent does the charitable organization have to be concerned about it? The purpose of the presentation is to explain the doctrine of fraud on the spouse, discuss some case examples, and provide some suggestions on how to identify situations in which it can arise and how to plan accordingly.
As the leader of Gray Reed & McGraw Estate Planning Practice Group, Brian Cororve brings more than 20 years of experience to counseling high-net-worth families, entrepreneurs and professionals on the most effective strategies for protecting sophisticated assets and business interests, preserving wealth through multiple generations and minimizing estate and gift taxes. His practice encompasses all aspects of complex estate planning, probate and estate administration, trust structuring and administration, asset protection planning and business succession planning. Brian is Board Certified in Estate Planning and Probate Law by the Texas Board of Legal Specialization. Brian understands that the most challenging problems can be solved by an interdisciplinary team dedicated to protecting the client’s interests. When a problem involves unique issues that go beyond his practice focus and require a more holistic approach, Brian draws on the diverse skills and experience of colleagues in the firm to design the best strategy that will achieve the client’s goals. He also collaborates with his clients’ existing teams of family accountants, financial advisers and life insurance professionals to share ideas and maximize the effectiveness of his clients’ estate planning and wealth preservation strategies.
Pre-register member price: $40
At the door member price: $50
Guest Price: $65