September 2019 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split-Interest Charitable Trusts
Levitan v. Rosen, 95 Mass. App. Ct. 248 (May 6, 2019) – Massachusetts Appeals Court Continues to Make Its Own Rules of Trust Law
Oregon Legislature Enacts Unique Purpose Trust Statute (H.B. 2598)
Alberhasky v. Alberhasky, 2019 WL 2150810 (Iowa Ct. App. May 15, 2019) – Iowa Court Warns that a Trustee May Owe Heightened Fiduciary Duties when a 529 Account Is Held in Trust
August 2019 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts AFRs
Estate of Kollsman v. Commissioner of Internal Revenue, No. 18-70565 (June 21, 2019)
Famiglio v. Famiglio, [TBD] So.3d [TBD] (May 10, 2019)
In Re Rensin, 600 B.R. 870 (May 3, 2019)
From Proskauer For Good
on July 23, 2019
Awards and Recognition
July 16, 2019
Supreme Court Ruling in North Carolina Department of Revenue v. Kimberley Rice Kaestner 1992 Family Trust, 588 U.S. [TBD] and its Relevance to Income Taxation of Accumulated Income in California Trusts
July 2019 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts
Blau et al. v. Commissioner of Internal Revenue, No. 17-1266 (May 24, 2019)
An Update Regarding Connecticut's Uniform Trust Code
Indiana Allows for Domestic Asset Protection Trusts
PLRs 201919002 and 201919003 – IRC Section 2042
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
Monica Arora is mentioned as one of Law360’s 2019 Private Equity Editorial Advisory Board members.
on April 5, 2019
David Pratt, Lindsay A. Rehns, and Daniel Hatten authored an article discussing the challenges and considerations when changing domicile from New York to Florida.
From Florida Bar Journal
on January/February 2019
David Miller is quoted in an article discussing Donald Trump’s new tax law.
on January 29, 2019
A post from the Tax Talks blog on FATCA regulations is noted.
From Wealth Management
on December 31, 2018