Crawford & Blattamachr: Basis and Bargain Sales: Income Tax and Other Concerns, The Tax Lawyer (2020)

Bridget J. Crawford, Pace University School of Law, and Jonathan G. Blattmachr, have made available for download their forthcoming Tax Lawyer article, Basis and Bargain Sales: Income Tax and Other Concerns. The Abstract is as follows: This article explores the income tax consequences of the sale during lifetime and at death of property for less … Continue reading Crawford & Blattamachr: Basis and Bargain Sales: Income Tax and Other Concerns, The Tax Lawyer (2020)

Batchelder: Leveling The Playing Field Between Inherited Income And Income From Work Through An Inheritance Tax

Lily Batchelder, NYU School of Law, has made available for download her article Leveling The Playing Field Between Inherited Income And Income From Work Through An Inheritance Tax. The abstract is as follows: The Problem The core objectives of tax policymaking should be to raise revenue in an efficient and equitable manner. Current taxation of estates … Continue reading Batchelder: Leveling The Playing Field Between Inherited Income And Income From Work Through An Inheritance Tax

Stewart: The Path to Disclosure of a Decedent’s Digital Assets: Settled or Evolving?

Yi W. Stewart, on the NY Trusts  Estates Litigation Blog, has written an article about obtaining disclosure of a decedent's digital assets.  Her article begins as follows: Since the last post to this blog on the evolving issue of access to a decedent’s digital assets (Death and Digital Content: Protecting Digital Assets After the Death … Continue reading Stewart: The Path to Disclosure of a Decedent’s Digital Assets: Settled or Evolving?

Congressman Richard Neal (D. Mass): Secure Act 2.0 Coming Later This Year

House Ways and Means Chairman is planning to move followup legislation to the Secure Act later in 2020. Congressman Neal's press release reads as follows: Even with the passage of the first retirement security package in more than a decade shortly before the holiday recess, there is more retirement-related legislation that could get a look … Continue reading Congressman Richard Neal (D. Mass): Secure Act 2.0 Coming Later This Year

Michael Chamberlain: ‘The Good, The Bad And The Ugly’ Of The SECURE ACT (Feb. 12, 2020)

Michael Chamberlain writes, on Forbes website, that (m)any moviegoers remember the classic western movie starring Clint Eastwood, entitled The Good The Bad and The Ugly. This movie title seems appropriate for the outcomes of the passage of the SECURE Act, (an acronym for Setting Every Community Up for Retirement Enhancement), which was passed by the House in … Continue reading Michael Chamberlain: ‘The Good, The Bad And The Ugly’ Of The SECURE ACT (Feb. 12, 2020)

Juan C. Antunez: Are Florida’s courtroom doors closed to older Floridians seeking to establish paternity in probate proceedings, but wide open for younger adults?

Juan C. Antunez, in his Florida Probate Litigation Blog, discusses In Re: Estate of John E. Robinson, — So.3d —-, 2020 WL 697795 (Fla. 3d DCA February 12, 2020). That cases discusses the rule in Florida whereby, if a man dies intestate, any children he had while married are automatically considered his heirs, and entitled … Continue reading Juan C. Antunez: Are Florida’s courtroom doors closed to older Floridians seeking to establish paternity in probate proceedings, but wide open for younger adults?

Newly-revised IRS publication explains tax benefits for members of the millitary

The Internal Revenue Service has released its newly-revised tax guide, designed to help members of the military understand the many special tax benefits available to them under the law. Publication 3, Armed Forces' Tax Guide, now posted on IRS.gov, is packed with useful filing tips for any member of the military, including reservists and the … Continue reading Newly-revised IRS publication explains tax benefits for members of the millitary