May 8, 2019
April Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts
Florida Appellate Court Holds that "Strict Compliance with Signature Requirements" is Necessary for Execution of Will. Bitetzakis v. Bitetzakis, No. 2D17-4822, 2019 WL 405568 at *1 (Fla. Dist. Ct. App. Feb. 1, 2019).
U.S. District Court Holds that No Discount is Allowed for Restriction on Transfer of Stock Where Taxpayer Provided No Evidence that Restriction Would be in Arms' Length Transaction. Kress v. United States, 123 AFTR 2d 2019-XXXX (E.D. Wis.) (March 26, 2019).
IRS Rules that the Creation and Funding of an "ING" Trust Effectively Was a Non-Grantor Trust for Income Tax Purposes and an Incomplete Gift for Gift Tax Purposes. PLR 201908006.
IRS Finds that a Sale Between Former Spouses More than Six Years After a Divorce is a Transfer Incident to Divorce for Income Tax Purposes and a Transfer for Full and Adequate Consideration for Gift Tax Purposes. PLR 201901003.
NY State Legislature Enacts Various Tax Changes in Approving New Budget
From Proskauer For Good
on January 25, 2019
Nathan Brown is noted for being promoted to senior counsel in an article on legal industry hiring and promotions in South Florida.
From Daily Business Review
on December 12, 2018
December Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts
U.S. Department of Treasury 2018-2019 Priority Guidance Plan
Matter of Seiden, 2018 NY Slip Op. 32541(U) (Oct. 9, 2018)
Private Letter Ruling 201845029
In Case You Missed It: Sveen et al. v. Melin, 584 U.S. [TBD] (June 11, 2018)
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
The Firm is noted for being ranked #3 in the thought leadership category of Good2bSocial’s 2018 Social Law Firm Index.
on November 14, 2018
November 2018 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts
Federal District Court holds that FBAR claims against a decedent can be brought against a distributee of the decedent's estateU.S. v. Schoenfeld, No. 3:16-cv-01248-J-34PDB (Middle Dist. Fla 9/25/2018)
Settlement in Cahill case follows the Tax Court's implication that the estate tax value of an intergenerational split-dollar life insurance receivable could be equal to the cash surrender value of the underlying policyEstate of Richard Cahill, US Tax Court Docket No. 10451-16, Joint Stipulation of Settled Issues, August 16, 2018
In the Matter of the Petition of Wiesen, Tax Appeals Tribunal, Dkt. No. 826284, 09/13/2018
Tax Cuts and Jobs Act ("TCJA") – Changes to the Alimony Tax Regime Effective after December 31, 2018
November 1, 2018
Awards and Recognition
November 1, 2018