TBJ Has it: Banking, Estate Planning ... and John Ward

Laced with SARs, PEPS and OBITs, this month's Tennessee Bar Journal is full of acronyms you need to know (or are now curious about). To help with that, Nashville lawyer Kathryn Reed Edge writes about international intrigue and the importance of financial institutions’ willingness to report suspicious activity. That "OBIT" is not a death notice, but an "Optimal Basis Increase Trust" with which estate planners must be familiar. Knoxville lawyer Dan Holbrook covers it. Tennessee's Solicitor General Andrée Blumstein reviews the book Borrowed Judges: Visitors in the U.S. Court of Appeals, and Jackson lawyer Daniel Taylor reviews former TBA President Sam Elliott's book about John C. Brown. But perhaps the juiciest piece of information in this issue is about a law school graduate who walked out of the bar exam -- that's right, your Voice of the Vols, John Ward, didn't even finish the test -- he hadn't even studied! As you know, he went on to do OK in another career; Memphis lawyer Bill Haltom writes about that. Read the entire issue online.

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