• Newsletter

    Personal Planning Strategies

    Consider Reviewing and Updating Previously Executed LLC Agreements and Partnership Agreements
     
    Estate, Gift and GST Tax Update: What This Means for Your Current Will, Revocable Trust and Estate Plan
     
    Gift Tax Update
     
    New Jersey Estate Tax Was Eliminated on January 1, 2018
     
    New York Raises Basic Exclusion Amount to $5,930,000
     
    Connecticut Estate Planning Update
     
    California's Proposition 19

    January 2021

  • Newsletter

    Personal Planning Strategies

    Top Ten Estate Planning Recommendations before the End of 2020
    Spousal Lifetime Access Trusts – ("SLATS")

    October 2020

  • Newsletter

    Wealth Management Update

    September Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intrafamily Loans and Split Interest Charitable Trusts
     
    New York's Department of Taxation and Finance Confirms that Any New York Source Income will Subject All of a New York Resident Trust's Income to New York State Income Tax. TSB-A-20(2)(I) (Feb. 4, 2020)
     
    Florida's 3rd District Court of Appeals Holds that the Settlor and Sole Current Beneficiary of a Self-Settled Irrevocable Trust May be Removed as Trustee by the Court under Florida's Uniform Trust Code. Wallace v. Comprehensive Personal Care Services, Inc. (Fla. 3d D.C.A., June 3, 2020)

    September 2020

  • Newsletter

    Wealth Management Update

    July 2020 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intrafamily Loans and Split-Interest Charitable Trusts
     
    Precious Metals Now Deemed Tangible Personal Property in Florida
     
    The Tax Court reiterates and applies the factors for determining whether intrafamily loans are, in fact, loans in Estate of Bolles v. Commissioner, T.C. Memo 2020-71 (2020)
     
    In Goodrich, et al. v. USA, 125 AFTR 2d 2020-1276 (DC LA, 3/17/2020), the U.S. District Court for the Western District of Louisiana sends a reminder that state substantive law can sometimes determine federal tax consequences
     
    California Bill A.B. 2936 may indicate increased scrutiny, or even regulation, of donor advised funds
     
    COVID-19 Update

    July 2020

  • Newsletter

    Wealth Management Update

    Assisting Your Clients In The COVID-19 World
     
    Funding Revocable (Living) Trusts
     
    Review Estate Planning Documents
     
    IRAs and Retirement Plans
     
    Estate Planning Opportunities

    April 2020

  • Newsletter

    Personal Planning Strategies

    Estate Planning In The COVID-19 World
     
    Estate Planning Documents
     
    Estate Planning Considerations
     
    Tax Filing Extensions
     
    Funding Revocable (Living) Trusts

    March 2020

  • Newsletter

    Personal Planning Strategies

    Estate, Gift and GST Tax Update
    What This Means for Your Current Will, Revocable Trust and Estate Plan
     
    Gift Tax Update
    Exploit the Gift Tax Annual Exclusion Amount
    2019 Gift Tax Returns
    Make Sure that You Take Your IRA Required Minimum Distributions by December 31, 2019
    New Jersey Estate Tax Was Eliminated on January 1, 2018
    New York Raises Basic Exclusion Amount to $5,850,000
     
    Connecticut Estate Planning Updates
     
    Are Stretch Inherited IRAs in Danger?
    Implications of the SECURE Act on Estate Planning With Retirement Accounts

    December 2019

  • Newsletter

    Personal Planning Strategies

    Estate, Gift and GST Tax Update
    Gift Tax Planning
    Make sure you take your IRA Required Minimum Distributions by December 31, 2018
    New Jersey Estate Tax Was Eliminated on January 1, 2018
    New York Raises Basic Exclusion Amount to $5,740,000
    Connecticut Raises Basic Exclusion Amount Passing Free From Estate and Gift tax to $3,600,000 in 2019
    Crummey Withdrawal Notices – Recommended Practices
    Annual Payment Checklist

    December 2018

  • Newsletter

    Personal Planning Strategies

    Lessons for Running a Foundation from the Complaint against the Donald J. Trump Foundation
    Should You Create Your Own Private Foundation?
    A Donor Advised Fund Is an Easy Alternative to a Private Foundation
    New Florida Decanting Statute Expands Ability to Amend Irrevocable Trusts

    September 2018

  • Newsletter

    Personal Planning Strategies

    2018 Estate, Gift And GST Tax Update: What This Means for Your Current Will, Revocable Trust and Estate Plan
    Gift Tax Update: Exploit the Gift Tax Annual Exclusion Amount
    Make Sure that You Take Your IRA Required Minimum Distributions by December 31, 2017
    New Jersey Estate Tax to be Eliminated on January 1, 2018
    New York Raises Basic Exclusion Amount Passing Free From Estate Tax to $5,250,000
    Connecticut Raises Basic Exclusion Amount Passing Free From Estate and Gift Tax to $2,600,000 in 2018
    Proposed Legislation – Tax Cuts and Jobs Act

    December 2017