• Newsletter

    Wealth Management Update

    February 2023 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts
     
    SECURE Act 2.0
     
    Randle v. Farmers New World Life Insurance Company, 2022 Cal. App. LEXIS 918 (Ct. App. Nov. 7, 2022)
     
    In re Estate of Wallace, unpublished per curiam Mich. App. opinion 357441
     
    Rogers v. Rogers, 47 Fla. L. Weekly d2466 (2d DCA 2022)
     
    United States v. Shant Hovnanian et al., No. 3:18-cv-15099 (27 December 2022)

    February 2023

  • Newsletter

    Wealth Management Update

    January 2023 AFRs and 7520 Rate
     
    New York Estate Tax – 2023 Basic Exclusion Amount
     
    Massachusetts Millionaires Tax
     
    Alejandro J. Rojas et al. v. Commissioner, No. 7453-19, T.C. Memo. 2022-77 (July 18, 2022)
     
    Jennifer Joy Fields et al. v. Commissioner, No. 2925-20S, T.C. Summary Op. 2022-22 (November 10, 2022)
     
    Estate of William E. DeMuth, Jr. v. Commissioner, No. 18724-19, T.C. Memo. 2022-72 (July 12, 2022)
     
    Betty Amos v. Commissioner, No. 4331-18, T.C. Memo. 2022-109 (Nov. 10, 2022)
     
    PLR 202247004
     
    Proposed Treasury Regulations – REG-106134-22, Syndicated Conservation Easement Transactions as Listed Transactions (Dec. 6, 2022)
     
    U.S. Treasury Department, 2022-2023 Priority Guidance Plan (Nov. 4, 2022)
     
    Matter of Walls, No. 2021-1074/A, 2022 NY Slip Op 51165(U) (Monroe Cty. Surr. Ct., Nov. 29, 2022)

    January 2023

  • Blog

    Proskauer Assists Unrepresented Litigants in Orleans Parish

    From Proskauer For Good Blog on December 15, 2022

  • Newsletter

    Wealth Management Update

    December 2022 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts
     
    Inflation Adjustments for 2023
     
    FinCEN – Beneficial Ownership Information Reporting Requirement
     
    Matter of Estate of Manchester, 172 N.Y.S. 3d 918 (Sur. Erie Aug. 18, 2022)
     
    Heinrich C. Schweizer v. Commissioner, T.C. Memo. 2022-102
     
    Pinkert v. Schwab Charitable Fund, 130 AFTR 2d 2022-5986

    December 2022

  • Newsletter

    Wealth Management Update

    October 2022 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts
     
    Federal Estate, Gift and GST Tax Exemption to increase by $860,000 in 2023
     
    Florida Legislation Update
     
    Donoghue v. Smith, 2022 U.S. Dist. LEXIS 76071
     
    Yost v. Carroll, DC IL, 130 AFTR 2d ¶2022-5086
     
    In re Marriage of Rene Simon Cruz and Rena Dillon Cruz (Cal. Sup. Ct. 2022)

    October 2022

  • Awards and Recognition

    Proskauer Recognized as Top Law Firm in 2022 Chambers High Net Worth Rankings

    July 20, 2022

  • Newsletter

    Wealth Management Update

    July 2022 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts AFRs
     
    Connecticut Gift and Estate Tax Exemption
     
    529 Plans
     
    Boyle v. Anderson, 871 S.E.2d 226 (April 14, 2022)
     
    In RE: Omega, 2022 WL 1498499 (May 12, 2022)
     
    Wallace v. Torres-Rodriguez, 2022 WL 1481782 (May 11, 2022)
     
    Matter of Neva M. Strom Irrevocable Trust III, 203 A.D.3d 1255 (March 3, 2022)
     
    Surrogate’s Court Dismisses Petition Seeking to Challenge the 2020 Amendment to a 2018 Trust on Standing Grounds. Matter of van der Becq, File No. 2021-39/C (Surr. Ct. Columbia Cnty Apr. 6, 2022)

    July 2022

  • Newsletter

    Wealth Management Update

    The June Section 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs is 3.6%, an increase from the May rate of 3.0%
     
    IRS Proposes Limits on Large Gifts from Future Estates
     
    International Estate Planning and Brussels IV

    June 2022

  • Newsletter

    Wealth Management Update

    May 2022 Interest Rates for GRATS, Sales to Defective Grantor Trusts, Intra-Family Loans and Split-Interest Charitable Trusts
     
    NY Remote Notarization Statute Amendment
     
    2022 Greenbook Proposals
     
    DOL Cryptocurrency - Compliance Assistance Release No. 2022-01

    May 2022

  • Newsletter

    Wealth Management Update

    IApril 2022 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split-Interest Charitable Trusts
     
    Estate of Marion Levine v. Commissioner (158 T.C. No.2)
     
    IRS Issues Proposed Required Minimum Distribution Regulations for Retirement Plans
     
    IRS Overpayment and Underpayment Interest Rate Increased

    April 2022