wealth management

Inheritance and succession – Global Legal Monitor

Brazil: Federal Supreme Court Rules All Couples Have the Same Inheritance Rights May 17, 2017

(May 17, 2017) In a ruling issued on May 10, 2017, the Brazilian Federal Supreme Court (Supremo Tribunal Federal, STF) determined that, for the purpose of inheritance rights, “stable unions” and marriages have the same legal value, providing partners in stable unions the same rights as those of married persons. (STF, Recurso Extraordinário (RE) 646721, […]

Connie Johnson

Japan: Adoption of Grandchild in Order to Save on Inheritance Tax Can Be Valid February 23, 2017

(Feb. 23, 2017) Japan’s Supreme Court decided, on January 31, 2017, that adoption of a grandchild can be valid even if the main purpose of the adoption is to save part of the heirs’ inheritance tax upon the grandparent’s death. (Heisei 28 (ju) 1255, S. Ct. (Jan. 31, 2017), COURTS IN JAPAN (click on the […]

Connie Johnson

Germany: Court Clarifies Requirements for Living Wills and Durable Healthcare Powers of Attorney September 30, 2016

(Sept. 30, 2016) On July 6, 2016, the German Federal Court of Justice (Bundesgerichtshof, BGH) held that a statement in a patient’s living will that “I do not wish to receive life-prolonging treatments” was not sufficient to legally bind a patient’s representative to authorize removal of an artificial feeding tube. The Court also separately found that an authorized representative of a patient can only consent to […]

Wendy Zeldin

International affairs – Global Legal Monitor

Chile: Information Sharing with Other Countries July 11, 2017

(July 11, 2017) On June 21, 2017, the Chilean parliament passed Law 21016 on facilitatating sharing of information, government to government, with other countries. (Ley 21016 Facilita el Intercambio Recíproco de Información con Otros Países, DIARIO OFICIAL (DO) (June 21, 2017), available at the Library of Congress of Chile website.) The rationale behind this measure […]

Connie Johnson

Egypt/Saudi Arabia: Supreme Constitutional Court Halts Decision of High Administrative Court Concerning Maritime Border Demarcation Agreement July 5, 2017

(July 5, 2017) On June 21, 2017, the Supreme Constitutional Court of Egypt repealed all the decisions issued by the High Administrative Court on the Egyptian-Saudi Maritime Border Demarcation Agreement. The repeal is temporary until the Supreme Constitutional Court decides whether or not the bilateral agreement is constitutional. (Egypt’s Constitutional Court Halts all Verdicts on […]

Connie Johnson

Indonesia/Philippines/Malaysia: Agreement on Patrolling Shared Maritime Border June 30, 2017

(June 30, 2017) In June 2017, it was announced that authorities from the Philippines, Indonesia, and Malaysia had formally launched an arrangement whereby naval military personnel from these countries will coordinate efforts in order to give chase to Islamic militants who navigate the seas of these nations. (Genalyn Kabiling, PH, Indonesia, Malaysia Open Borders in […]

Wendy Zeldin

United Nations/North Korea: Additional Sanctions Adopted June 7, 2017

(June 7, 2017) On June 2, 2017, the United Nations Security Council unanimously adopted Resolution 2356 (2017), sponsored by the United States, “to extend the number of individuals and entities targeted by sanctions first imposed under resolution 1718 (2006) — an asset freeze and travel ban for those involved in the Democratic People’s Republic of […]

Wendy Zeldin