TaxProf Blog – Bryan Camp: Lesson From The Tax Court: The Common Law Mailbox Rule Lives! (February 3, 2020)

Bryan Camp has published an article on the TaxProf Blog, titled "Lesson From The Tax Court: The Common Law Mailbox Rule Lives!" The article begins as follows: The United States Postal Service (USPS) is a very large, complex organization, as detailed in this webpage.  It delivers some 146 billion pieces of mail a year.  It has … Continue reading TaxProf Blog – Bryan Camp: Lesson From The Tax Court: The Common Law Mailbox Rule Lives! (February 3, 2020)

The Wall Street Journal: Some Democratic Lawmakers Push for Wealth Tax on New York Billionaires (February 18, 2021)

The Wall Street Journal has published an article, "Some Democratic Lawmakers Push for Wealth Tax on New York Billionaires," which discusses New York state lawmakers' new income tax collection plan. The article begins as follows: New York state lawmakers are considering an unprecedented form of wealth tax as they search for revenues to plug a budget … Continue reading The Wall Street Journal: Some Democratic Lawmakers Push for Wealth Tax on New York Billionaires (February 18, 2021)

Texas Fiduciary Litigator: Fiduciary Compensation and Forfeiture in Texas (February 4, 2021)

David Fowler Johnson, in his Texas Fiduciary Litigator Blog, discussed his article, “Fiduciary Compensation and Forfeiture in Texas," published in the Texas Tech Estate Planning and Community Property Law Journal. The abstract is as follows: This article addresses many of the interesting issues that arise in trustee compensation disputes. The article addresses a trustee’s authority to compensation … Continue reading Texas Fiduciary Litigator: Fiduciary Compensation and Forfeiture in Texas (February 4, 2021)

Forbes: Tax-Wise Ways To Handle The Second Home Or Vacation Home (February 17, 2021)

Forbes has published an article, "Tax-Wise Ways To Handle The Second Home Or Vacation Home," which discusses the best way to manage the second home or vacation home so that homeowners don't incur more taxes. The article begins as follows: Most owners of second homes leave a lot of money on the table, especially when … Continue reading Forbes: Tax-Wise Ways To Handle The Second Home Or Vacation Home (February 17, 2021)

Leimberg Weekly Digest: February 6 – 13, 2021

LISI WEEKLY DIGEST [Subscription Required] Steve Leimberg's Estate Planning Newsletter· February 11 -Mary Vandenack on In re Estate of Michael R. Brinkman· February 8 -Linas Sudzius: Key 2021 Pension and Employee Benefit Numbers, Income Tax Rates & Estate Planning Inflation AdjustmentsSteve Leimberg's Business Entities Newsletter· February 10 -Alan Gassman & Brandon Ketron: HHS Provider Relief Rules and Deadlines … Continue reading Leimberg Weekly Digest: February 6 – 13, 2021

Daily Mail: Larry King left a ‘hand-written will’ in 2019 seeking equal split of his $50M fortune to his five children… and leaves out ex-wife Shawn (February 11, 2021)

Daily Mail has published an article, "Larry King left a 'hand-written will' in 2019 seeking equal split of his $50M fortune to his five children… and leaves out ex-wife Shawn," which discusses Larry King's will and testament. The article begins as follows: Larry King reportedly left behind a 'hand-written will' advising for an even-split of his … Continue reading Daily Mail: Larry King left a ‘hand-written will’ in 2019 seeking equal split of his $50M fortune to his five children… and leaves out ex-wife Shawn (February 11, 2021)

Forbes: IRS Taxes Legal Settlements, But Some Are Capital Gain (February 16, 2021)

Forbes has published an article, "IRS Taxes Legal Settlements, But Some Are Capital Gain," which discusses the hidden taxes in lawsuit settlement agreement. The article begins as follows: The IRS taxes most lawsuit settlements, and exact wording matters if you are trying to avoid that grim result. However, a suit about intellectual property might produce capital gain … Continue reading Forbes: IRS Taxes Legal Settlements, But Some Are Capital Gain (February 16, 2021)

Texas Fiduciary Litigator: Court Reversed Jury Trial And Determined That Settlement Agreement Dividing Real Property Owned By Trusts Was Not Ambiguous (February 13, 2021)

David Fowler Johnson, in his Texas Fiduciary Litigator Blog, discusses Maxey v. Maxey. In Maxey v. Maxey, in a dispute that arose from the probate of an estate, two sisters mediated and reached a settlement agreement concerning the division of certain real property. No. 01-19-00078-CV, 2020 Tex. App. LEXIS 10281 (Tex. App.—Houston [1st Dist.] December 29, … Continue reading Texas Fiduciary Litigator: Court Reversed Jury Trial And Determined That Settlement Agreement Dividing Real Property Owned By Trusts Was Not Ambiguous (February 13, 2021)

Paul Sullivan, Wealth Matters, NY Times (February 12, 2021): The Question Some Company Owners Don’t Want to Deal With

Paul Sullivan’s weekly New York Times Wealth Matters column shares a story of a son who is struggling to continue his family business to shed light on the importance of succession planning. His article, "The Question Some Company Owners Don’t Want to Deal With," begins as follows: Ivo Puidak, who cooked for Presidents Jimmy Carter … Continue reading Paul Sullivan, Wealth Matters, NY Times (February 12, 2021): The Question Some Company Owners Don’t Want to Deal With

Kansas Supreme Court: “Any Person” Means What It Says In Double Penalty Probate Statute For Conversion Of Decedent’s Property (February 4, 2021)

Probate Stars has published an article,"'Any Person' Means What It Says In Double Penalty Probate Statute For Conversion Of Decedent’s Property," which discusses "In re Estate of Taylor." The article begins as follows: In the January 22, 2021 opinion of "In re Estate of Taylor," the Kansas Supreme Court interpreted the plain language of the Kansas … Continue reading Kansas Supreme Court: “Any Person” Means What It Says In Double Penalty Probate Statute For Conversion Of Decedent’s Property (February 4, 2021)

Texas Fiduciary Litigator: Court Held That An Heir Of An Estate Who Released All Claims Against The Estate Via A Settlement Agreement No Longer Had Standing To Bring Suit (February 5, 2021)

David Fowler Johnson, in his Texas Fiduciary Litigator Blog, discusses "In the Estate of Maberry." In In the Estate of Maberry, the alleged common-law wife of an intestate decedent did not have standing to seek to remove the decedent’s daughter as independent administrator because she was not an “interested person” following her voluntary release of all … Continue reading Texas Fiduciary Litigator: Court Held That An Heir Of An Estate Who Released All Claims Against The Estate Via A Settlement Agreement No Longer Had Standing To Bring Suit (February 5, 2021)

Michael Helfand (LexBlog): Illinois Legal Malpractice Cases On The Rise From Covid (February 10, 2021)

Michael Helfand has published an article on LexBlog, titled “Illinois Legal Malpractice Cases On The Rise From Covid.” The article begins as follows: Covid has changed our world in countless different ways.  It has also seemingly lead to a pandemic in the legal community.  From the people I talk to, it seems like attorneys are committing … Continue reading Michael Helfand (LexBlog): Illinois Legal Malpractice Cases On The Rise From Covid (February 10, 2021)

Ashish Agarwal, Shannon Chen, and Lillian F. Mills: Entity Structure and Taxes: An Analysis of Embedded Pass-Through Entities (August 16, 2020)

Ashish Agarwal, Shannon Chen, and Lillian F. Mills, of University of Texas at Austin - Red McCombs School of Business; University of Arizona - Department of Accounting; and University of Texas at Austin - McCombs School of Business, have made available for download their article, "Entity Structure and Taxes: An Analysis of Embedded Pass-Through Entities," … Continue reading Ashish Agarwal, Shannon Chen, and Lillian F. Mills: Entity Structure and Taxes: An Analysis of Embedded Pass-Through Entities (August 16, 2020)

Paul Van Horn and Erica Howard-Potter (Schnader Harrison Segal & Lewis LLP): Changes to New York Power of Attorney Law Should Simplify Form and Streamline Acceptance by Financial Institutions (February 5, 2021)

Paul Van Horn and Erica Howard-Potter, of Schnader Harrison Segal & Lewis LLP, have made available for download their article, "Changes to New York Power of Attorney Law Should Simplify Form and Streamline Acceptance by Financial Institutions," published in JDSUPRA. The abstract is as follows: Virtually everyone who has prepared or signed a New York … Continue reading Paul Van Horn and Erica Howard-Potter (Schnader Harrison Segal & Lewis LLP): Changes to New York Power of Attorney Law Should Simplify Form and Streamline Acceptance by Financial Institutions (February 5, 2021)

Nancy A. McLaughlin: Conservation Easements and the Proceeds Regulation (January 9, 2021)

Nancy A. McLaughlin, of University of Utah S.J. Quinney College of Law, has made available for download her article, "Conservation Easements and the Proceeds Regulation," published in 56 Real Prop. Tr. & Est. L.J. 1 (2021), Forthcoming. The abstract is as followed: This article provides an in-depth look at Treasury Regulation § 1.170A-14(g)(6)(ii), known as … Continue reading Nancy A. McLaughlin: Conservation Easements and the Proceeds Regulation (January 9, 2021)

William Finestone (Blank Rome LLP): 2021 California Estate and Tax Planning Newsletter

William Finestone, of Blank Rome LLP, has made available for download his article, "2021 California Estate and Tax Planning Newsletter," published in JDSUPRA. The abstract is as follows: Blank Rome’s annual estate and tax planning newsletter discusses certain concepts and techniques that should be considered in 2021 by our clients and friends in California. We … Continue reading William Finestone (Blank Rome LLP): 2021 California Estate and Tax Planning Newsletter

HBR Hotlist (February 1, 2021): How Tesla’s Charging Stations Left Other Manufacturers in the Dust; Help Your Team Beat WFH Burnout; Finding Direction When You’re Feeling Lost; and More!

How Tesla’s Charging Stations Left Other Manufacturers in the Dust By Hemant Bhargava, Jonas Boehm, Geoffrey G. ParkerTheir early infrastructure investments paid off.STRESSHelp Your Team Beat WFH Burnout by Bobbi ThomasonNot every employee will tell you how they’re doing or what they need.MANAGING YOURSELFFinding Direction When You’re Feeling Lost by Manfred F. R. Kets de VriesA five-part framework to … Continue reading HBR Hotlist (February 1, 2021): How Tesla’s Charging Stations Left Other Manufacturers in the Dust; Help Your Team Beat WFH Burnout; Finding Direction When You’re Feeling Lost; and More!

David Fowler Johnson (Winstead PC): Court Dismissed Appeal By Pro Se Individual Who Could Not Represent An Estate (November 1, 2020)

David Fowler Johnson, of Winstead PC, has made available for download his article, “Court Dismissed Appeal By Pro Se Individual Who Could Not Represent An Estate,” published on Winstead’s website. The article begins as follows: In Kankonde v. Mankan, an attorney appealed the entry of an arbitration award on behalf of his clients, a doctor and … Continue reading David Fowler Johnson (Winstead PC): Court Dismissed Appeal By Pro Se Individual Who Could Not Represent An Estate (November 1, 2020)

Forbes: Warren-Nadler Consumer Bankruptcy Reform Act Portends Biggest Changes To Bankruptcy Code Since 2005 (January 27, 2021)

Forbes has published an article, "Warren-Nadler Consumer Bankruptcy Reform Act Portends Biggest Changes To Bankruptcy Code Since 2005," which discusses the changes that the CBRA act could make the bankruptcy code. The article begins as follows: Senator Warren and Congressman Nadler have introduced the Consumer Bankruptcy Reform Act (CBRA) which portends to be the biggest change to … Continue reading Forbes: Warren-Nadler Consumer Bankruptcy Reform Act Portends Biggest Changes To Bankruptcy Code Since 2005 (January 27, 2021)

Forbes: Is A Major IRS Crackdown On Partnerships Looming?

Forbes has published an article, "Is A Major IRS Crackdown On Partnerships Looming?" which discusses the important change in partnership returns in the draft 2020 Instructions for Form 1065. The summary of the article is as follows: A partnership is considered to be a “taxpayer” even though it will generally not be paying federal income tax. … Continue reading Forbes: Is A Major IRS Crackdown On Partnerships Looming?