Charities Roll Snake Eyes
The heirs won—eventually. But a case out of New York reminds lawyers everywhere of the importance of tax apportionment in estate planning ...
Tax Law Update
It may be the attorney’s fault. . . but you’re still liable...
Posthumously Conceived Children
And Their Survivor Benefit
State law results in schizophrenic decisions
from the Ninth Circuit and a lesson for us all...
Is “Go Slow” the New Norm
For Private Foundations?
Reduced endowments have led to a focus on providing for emergency social needs and shoring up the structures of charities. Is this a short-term or long-term shift? ...
New York’s New POA Law
Things just got much more complicated ...
Protect Trust Assets in Bankruptcy
Pre-petition disclaimers can help save the day...
Last Call
IRS' special deal for reporting of undisclosed offshore accounts now ends Oct. 15, 2009...
Contesting IRS Gift Valuations
Final regulations have been adopted for taxpayer procedures to contest IRS gift valuations under IRC 7477 ...
Private Letter Ruling 200937028
Property in an irrevocable grantor trust does not receive basis step-up on death of grantor if not included in taxable estate ...
New Deadlines for Filing
Foreign Account Reports
Some taxpayers have gotten a reprieve. But, beware, more information and types of connections must now be reported...






