• 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

  • 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

  • Newsletter

    Wealth Management Update

    June 2021 Interest Rates for Sales to Defective Grantor Trusts, Intra-Family Loans, Split-Interest Charitable Trusts and GRATs
     
    American Families Plan (AFP)
     
    Revision of Publication 590-B
     
    Chief Counsel Memorandum 202118008
     
    In the Matter of the Petition of Boniface, N.Y. Div. of Tax Appeals, ALJ, Dkt No. 829018, 04/29/2021

    June 2021

  • Newsletter

    Wealth Management Update

    April 2021 Interest Rates for Sales to Defective Grantor Trusts, Intra-Family Loans, Split-Interest Charitable Trusts and GRATs
     
    Extend the Time to File 2020 Gift Tax Returns (Form 709) Before April 15, 2021
     
    Estate of Miriam M. Warne vs. Comm'r (T.C. Memo 2021-17)

    April 2021

  • Newsletter

    Wealth Management Update

    March 2021 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts
     
    Habal v. Habal, So.3d, 2020 WL 5372289 (Fla. 4th DCA September 9, 2020): Revocable Trusts are difficult to attack on capacity grounds
     
    Matter of Ryan, 2021 NY Slip Op 21010 (N.Y. Sur. Ct. Broome County Jan. 25, 2021): First case in New York admitting remotely notarized Will to probate
     
    Sells, et al. v. Commissioner, T.C. Memo. 2021-12 (January 28, 2021): Tax Court denies conservation easement

    March 2021

  • Press Release

    Proskauer Releases 2020 Investment Funds Annual Review

    February 17, 2021

  • Newsletter

    Wealth Management Update

    February 2020 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split-Interest Charitable Trusts
     
    New York Post-Mortem Right of Publicity
     
    Demircan v. Mikhaylov, 2020 WL 2550067 (Fla. 3d DCA May 20, 2020)
     
    New York Power of Attorney

    February 2021

  • Newsletter

    Wealth Management Update

    January 2021 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts
     
    California Franchise Tax Board Proposes Legislation for the Taxation of Income from Incomplete Non Grantor (ING) Trusts to Treat ING Trusts as Grantor Trusts-Legislative Proposal C adding new Section 17082 to the Revenue and Tax Code
     
    Chief Counsel Advice 202045011
     
    Florida's Constitutional Amendment 5 and Constitutional Amendment 6 Approved in 2020 General Election
     
    U.S. v. Wolin 126 AFTR 2d 2020-6348 (September 28, 2020)—FBAR Penalty Survives Decedent's Death

    January 2021