• News

    Tax hikes turn estate and wealth advisors into ‘triage center’ for the rich

    Partner David Pratt is interviewed and quoted about estate planning amid tax hikes.

    From Financial Planning on October 12, 2021

  • Newsletter

    Wealth Management Update

    October 2021 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts
     
    In re Gerald F. Johnson Revocable Trust, No. 351134, 2021 Mich. App. LEXIS 3732 (Ct. App. June 17, 2021) – Unintended Waiver of Ex-Spouse's Creditor Rights
     
    Estate of Wall, No. C087730, 2021 WL 3732360 (Cal. Ct. App. Aug. 24, 2021) – Community Property Presumption Prevails Over Title Presumption in Actions Between Spouses, Not After Death
     
    Giller v. Grossman, No. 3D19-2514, 2021 WL 3889320 (Fla. Dist. Ct. App. Sept. 1, 2021) – Children are Intended Beneficiaries in Dispute Over Trust Language

    October 2021

  • Newsletter

    Personal Planning Strategies

    Act Now Before the Window of Opportunity Closes

    October 2021

  • Blog

    District Court Dismisses Investment and Recordkeeping Claims Against 401(k) Plan Fiduciaries

    From Employee Benefits & Executive Compensation Blog on September 22, 2021

  • Newsletter

    Personal Planning Strategies

    Last Call for SLATs, GRATs, and the Use of the Enhanced Gift Tax Exemption?

    September 2021

  • Newsletter

    Wealth Management Update

    September 2021 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts
     
    Ellis v. Hurley – No. B3000799, 2020 WL 6816605 (Cal. Ct. App.) – California Court of Appeal, Second District Case on the Definition of a Grandchild
     
    In the Matter of the Appeal of J. Bracamonte and J. Bracamonte (OTA Case No. 18010932) Change of Domicile
     
    IRS News Release: EIN Holders Must Update Responsible Party Contact Information (IRC §6109)
     
    Estate of Kwang Lee v. Commissioner (TC Memo 2021-92) Executor personally liable for estate taxes because he made distributions of estate assets knowing that the estate owed the taxes

    September 2021

  • Awards and Recognition

    178 Proskauer Lawyers Recognized by 'The Best Lawyers in America' 2022 Awards List

    From Best Lawyers on August 19, 2021

  • Newsletter

    Wealth Management Update

    August 2021 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split-Interest Charitable Trusts AFRs
     
    Update on Federal Legislation
     
    State Tax Cuts
     
    Pinkert v. Schwab Charitable Fund (N.D. Cal., Case No. 20-cv-07657-LB)
     
    In the Matter of the Consolidated Appeals of O. Cremel and E. Koeppel (OTA Case Nos. 18042625 & 20076340)
     
    Estate of Michael J. Jackson v. Commissioner (Tax Court, May 3, 2021)

    August 2021

  • Awards and Recognition

    Proskauer Recognized as Top-Tier Law Firm in 2021 Chambers High Net Worth Ranking

    July 27, 2021

  • Newsletter

    Wealth Management Update

    July 2021 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts AFRs
     
    President Biden's 2022 Budget/Biden Administration Revenue Proposals for 2022
     
    New Rule Against Perpetuities in Texas
     
    Estate of Grossman v. Commissioner, T.C. Memo 2021-65 (May 27, 2021)

    July 2021