J.M. Coppieters: Trust Planning and the Washington State Capital Gains Tax (October 15, 2021)

J.M. Coppieters, of Scarff Law Firm PLLC, has made available for download his article, “Trust Planning and the Washington State Capital Gains Tax”, published in the Seattle University Law Review. The abstract is as follows: On April 25, 2021, the Washington State Legislature enacted a new state capital gains tax. Before now, Washington state has … Continue reading J.M. Coppieters: Trust Planning and the Washington State Capital Gains Tax (October 15, 2021)

Kristine S. Knaplund: Reimagining Postmortem Conception (2021)

Kristine S. Knaplund, of Pepperdine University - Rick J. Caruso School of Law, has made available for download her article, “Reimagining Postmortem Conception”, published in the Georgia State University Law Review, volume 37, and the Pepperdine University Legal Studied Research Paper no. 2021/22. The abstract is as follows: Hundreds, likely thousands, of babies have been … Continue reading Kristine S. Knaplund: Reimagining Postmortem Conception (2021)

Giarmarco, Mullins & Horton, P.C.: Potential Changes to Gift and Estate Tax Laws in 2022 (October 2021)

Giarmarco, Mullins & Horton, P.C. has made available for download their article, "Potential Changes to Gift and Estate Tax Laws in 2022". The article begins as follows: Under a new administration, proposed tax legislation has been introduced that could significantly impact estate tax planning. While it is not clear if, or when, any of these … Continue reading Giarmarco, Mullins & Horton, P.C.: Potential Changes to Gift and Estate Tax Laws in 2022 (October 2021)

Deloitte: IRS Insights (October 2021)

Deloitte has published their October 2021 IRS Insights. The abstract is as follows: The IRS issued Notice 2021-39, announcing transition relief for Schedules  K-2 and K-3 filers for taxable years beginning in 2021.The US Court of Federal Claims dismissed refund claim for lack of jurisdiction, refusing to consider evidence that the claim was mailed timely … Continue reading Deloitte: IRS Insights (October 2021)

Albert Feuer: Is This the Time to Harmonize the Required Minimum Distribution Rules? (September 23, 2021)

Albert Feuer, of the law Offices of Albert Feuer, has made available for download his article, “Is This the Time to Harmonize the Required Minimum Distribution Rules?”. The abstract is as follows: In September, the House of Representatives Ways and Means Committee released proposals requiring many employers without retirement plans to establish and automatically enroll … Continue reading Albert Feuer: Is This the Time to Harmonize the Required Minimum Distribution Rules? (September 23, 2021)

Margaret Ryznar: A Tax Credit for Wills (June 26, 2021)

Margaret Ryznar, of Indiana University’s Robert H. McKinney School of Law, has made available for download her article, “A Tax Credit for Wills”, published in Tax Notes Federal, volume 172. The abstract is as follows: In this article, Ryznar suggests using tax law to encourage people to execute wills, arguing that the coronavirus pandemic revealed … Continue reading Margaret Ryznar: A Tax Credit for Wills (June 26, 2021)

The Washington Post: Billions Hidden Beyond Reach (October 3, 2021)

The Washington Post has made available for download their article, "Billions Hidden Beyond Reach", which discusses the Pandora Papers. The article begins as follows: A massive trove of private financial records shared with The Washington Post exposes vast reaches of the secretive offshore system used to hide billions of dollars from tax authorities, creditors, criminal investigators and — … Continue reading The Washington Post: Billions Hidden Beyond Reach (October 3, 2021)

Chambliss, Bahner & Stophel, P.C.: Can a Marriage Be Annulled After One Spouse’s Death? (September 30, 2021)

Chambliss, Bahner & Stophel, P.C. has made available for download their article, “Can a Marriage Be Annulled After One Spouse's Death?”, published in JDSUPRA. The abstract is as follows: Marriage is supposed to be “until death do us part,” but after one spouse dies, is it possible for a court to declare a marriage invalid (annulled)? It … Continue reading Chambliss, Bahner & Stophel, P.C.: Can a Marriage Be Annulled After One Spouse’s Death? (September 30, 2021)

Holland & Knight Alert: House Ways and Means Committee Tax Plan Proposes Changes to Estate Planning (September 29, 2021)

Katharine G. Griffiths, William R. Mureiko, Sarah W. Marks, and William R. Lane Jr. of Holland & Knight LLP, have made available for download their article, “House Ways and Means Committee Tax Plan Proposes Changes to Estate Planning” published as a Holland & Knight Alert. The article begins as follows: The House Committee on Ways … Continue reading Holland & Knight Alert: House Ways and Means Committee Tax Plan Proposes Changes to Estate Planning (September 29, 2021)

Kitces: Net Unrealized Appreciation (NUA) Tax Strategies for Modestly Appreciated Stock (September 29, 2021)

Kitces has made available for download their article, “Net Unrealized Appreciation (NUA) Tax Strategies for Modestly Appreciated Stock”, published on Kitces. The Executive Summary is as follows: While pre-tax distributions from retirement accounts are generally taxed at ordinary income rates, an exception to this rule applies to appreciated employer securities distributed from an employer plan … Continue reading Kitces: Net Unrealized Appreciation (NUA) Tax Strategies for Modestly Appreciated Stock (September 29, 2021)

British Columbia Law Institute and Canadian Centre for Elder Care: Study Paper on Health Care Consent and Capacity Assessment Tribunals (April 2021)

British Columbia Law Institute and Canadian Centre for Elder Care have made available for download their article, “Study Paper on Health Care Consent and Capacity Assessment Tribunals”. The abstract is as follows: A finding of mental incapacity to give informed consent to health care, or to decide whether to accept or refuse admission to a … Continue reading British Columbia Law Institute and Canadian Centre for Elder Care: Study Paper on Health Care Consent and Capacity Assessment Tribunals (April 2021)

Ariel Jurow Kleiman: Impoverishment by Taxation (January 28, 2021)

Ariel Jurow Kleiman, of Loyola Law School Los Angeles, has made available for download her article, “Impoverishment by Taxation”, published in the University of Pennsylvania Law Review, forthcoming and the San Diego Legal Studies Paper, no. 20-480. The abstract is as follows: Viewed in the aggregate, the U.S. fiscal system is progressive, reduces inequality, and … Continue reading Ariel Jurow Kleiman: Impoverishment by Taxation (January 28, 2021)

CNBC: Nearly 70% of millionaires are worried about leaving ‘too much’ money to their kids, survey finds (September 19, 2021)

CNBC has published an article, “Nearly 70% of millionaires are worried about leaving 'too much' money to their kids, survey finds", which discusses concerns held by several high income individuals over how their money will be used when passed down to their children. The article begins as follows: Wealthy celebrities like Daniel Craig and entrepreneurs like Warren Buffett and Kevin … Continue reading CNBC: Nearly 70% of millionaires are worried about leaving ‘too much’ money to their kids, survey finds (September 19, 2021)

Maguire Woods: Build Back Better Act (September 24, 2021)

Sabrina N. Conyers, Durham C. McCormick Jr., Jon G. Neal, Gerald V. Thomas II, Ashlin C. Aldinger, Janelle N. Darnell, and Vianca R. Simpson, of Magure Woods, have made available for download their article, “Build Back Better Act”, published on Maguire Woods. The article begins as follows: On Sept. 15, 2021, the Ways and Means … Continue reading Maguire Woods: Build Back Better Act (September 24, 2021)

Forbes: The Power of Health Savings Accounts for Retirement Planning (September 27, 2021)

Forbes has published an article, “The Power of Health Savings Accounts for Retirement Planning”, which illustrates how to take full advantage of HSAs. The article begins as follows: The number of health savings accounts (HSAs) is soaring, but most account holders fail to take full advantage of the retirement planning power of HSAs.There were more … Continue reading Forbes: The Power of Health Savings Accounts for Retirement Planning (September 27, 2021)

Sheppard, Mullin, Richter, & Hampton LLP: Possible Changes to Estate and Gift Tax Law (September 24, 2021)

Sheppard, Mullin, Richter, & Hampton LLP has made available for download their article, “Asset Basis and the Future of the Federal Estate Tax”, published in JDSUPRA. The abstract is as follows: Last week the House Ways and Means Committee released a draft of proposed tax law changes to include in a reconciliation bill. While it … Continue reading Sheppard, Mullin, Richter, & Hampton LLP: Possible Changes to Estate and Gift Tax Law (September 24, 2021)

NY Times (September 24, 2021): The Tax Loophole that Helps America’s Richest Families Stay That Way

Robin Kaiser-Schatzlein, in his New York Times article, discusses the "stepped up basis" as one of the most important tax loopholes for wealthy Americans. His article, “The Tax Loophole that Helps America's Richest Families Stay That Way”, begins as follows: Most people have probably never heard of a “stepped up basis,” but it might just be the … Continue reading NY Times (September 24, 2021): The Tax Loophole that Helps America’s Richest Families Stay That Way

Texas Fiduciary Litigator: Corporate Trustee’s Statements May Suffice For a Statutory Accounting (September 22, 2021)

David Fowler Johnson, in his Texas Fiduciary Litigator Blog, discusses the Texas Trust Code Section 113.151. Trust beneficiaries often request a corporate trustee to prepare a statutory accounting. The Texas Trust Code in Section 113.151 provides that a beneficiary may request a written statement of accounts. Tex. Prop. Code 113.151. Regarding what information needs to … Continue reading Texas Fiduciary Litigator: Corporate Trustee’s Statements May Suffice For a Statutory Accounting (September 22, 2021)

NY Times (September 23, 2021): In Push to Tax the Rich, White House Spotlights Billionaires’ Tax Rates

Jim Tankersley, in his New York Times article, discusses President Biden's recent push to increases taxes on the wealthy. His article, “In Push to Tax the Rich, White House Spotlights Billionaires' Tax Rates”, begins as follows: WASHINGTON — President Biden is leaning into his push to increase taxes on the rich as he seeks to unify Democrats in the … Continue reading NY Times (September 23, 2021): In Push to Tax the Rich, White House Spotlights Billionaires’ Tax Rates

Leah Mitchell: ABLE Accounts vs. Special Needs Trusts: Which is Better for Your Child With a Disability? (September 22, 2021)

Leah Mitchell, of Chambliss, Bahner & Stophel, P.C., has made available for download her article, “ABLE Accounts vs. Special Needs Trusts: Which is Better for Your Child With a Disability?”, published in JDSUPRA. The abstract is as follows: Any parent of a child with a disability has likely heard of a “special needs trust.” As … Continue reading Leah Mitchell: ABLE Accounts vs. Special Needs Trusts: Which is Better for Your Child With a Disability? (September 22, 2021)