Bridgewater: Our Thoughts on Bitcoin (Feb. 25, 2021)

Bridgewater has posted its thoughts on Bitcoin. The announcement begins as follows: With bond yields near zero and pressure on policy makers to diminish the value of fiat currencies, investors are increasingly looking for alternative storeholds of wealth. Bitcoin, the original cryptocurrency, has received a lot of attention as a potential candidate especially with its … Continue reading Bridgewater: Our Thoughts on Bitcoin (Feb. 25, 2021)

Rafael I. Pardo: On Bankruptcy’s Promethean Gap: Building Enslaving Capacity into the Antebellum Administrative State (January 16, 2021)

Rafael I. Pardo, of Emory University School of Law, has made available for download his article, "On Bankruptcy’s Promethean Gap: Building Enslaving Capacity into the Antebellum Administrative State," published in Fordham Urban Law Journal, Vol. 48, 2021 Forthcoming. The abstract is as followed: As the United States contends with the economic crisis triggered by the COVID-19 pandemic, federal bankruptcy law is … Continue reading Rafael I. Pardo: On Bankruptcy’s Promethean Gap: Building Enslaving Capacity into the Antebellum Administrative State (January 16, 2021)

Robert Harper: Non-Marital Child’s Legitimacy is Presumed for All Purposes of New York Law, Including Inheritance, When Parents Marry After the Child’s Birth (January 11, 2021)

Robert Harper, of New York Trusts & Estates Litigation Blog, has published his summary of the cases "Tiwary v. Tiwary, Docket Nos. 2019-5671 and 2020-2665N, 2020 NY Slip Op 07479" in his article titled "Non-Marital Child’s Legitimacy is Presumed for All Purposes of New York Law, Including Inheritance, When Parents Marry After the Child’s Birth." The summary is as follows: … Continue reading Robert Harper: Non-Marital Child’s Legitimacy is Presumed for All Purposes of New York Law, Including Inheritance, When Parents Marry After the Child’s Birth (January 11, 2021)

Max M. Schanzenbach and Robert H. Sitkoff: Risk Management and the Prudent Investor Rule (January 25, 2021)

Max M. Schanzenbach and Robert H. Sitkoff, of Northwestern University - Pritzker School of Law and Harvard University - Harvard Law School, respectively, have made available for download their article, "Risk Management and the Prudent Investor Rule," published in Trusts & Estates Magazine, November 2020. The abstract is as followed: The prudent investor rule, now enacted in every state, is the … Continue reading Max M. Schanzenbach and Robert H. Sitkoff: Risk Management and the Prudent Investor Rule (January 25, 2021)

IRS Tax Exempt Govt Entities 2020 Accomplishments + 2021 Priorities Letter (Feb. 2021).

The IRS Tax Exempt and Government Entities division has released its Fiscal Year 2020 Accomplishments Letter PDF. Highlights of our accomplishments during the last fiscal year include:  Supporting IRS efforts to provide COVID-19-related relief to employers and individualsIntroducing a new electronic examinations processTransitioning to several mandatory electronic formsPivoting to virtual outreach during the pandemicAllowing individually designed … Continue reading IRS Tax Exempt Govt Entities 2020 Accomplishments + 2021 Priorities Letter (Feb. 2021).

HBR Webinar: Managing the Trickiest Parts of a Family Business – March 9, 12.00 PM

The Harvard Business Review is hosting a complimentary webinar, Managing the Trickiest Parts of a Family Business, on March 9, 12.00 PM. The summary is as follows: Serving on any board is hard. But being a board member of a family-owned business is even harder. That’s because there can be conflicting agendas and taboos that … Continue reading HBR Webinar: Managing the Trickiest Parts of a Family Business – March 9, 12.00 PM

NY Times (February 19, 2021): The Unequal Inheritance: It Can Work, or It Can ‘Destroy Relationships’

Susan B. Garland, in her New York Times article, discusses the potential consequences that estate planning with unequal inheritances can have for familial relationships. Her article, “The Unequal Inheritance: It Can Work, or It Can ‘Destroy Relationships,’” includes the following commentary: Liza Hanks, an estate planning lawyer in Mountain View, Calif., said she asked clients to … Continue reading NY Times (February 19, 2021): The Unequal Inheritance: It Can Work, or It Can ‘Destroy Relationships’

Karen Rubin (LexBlog): Will contest brings disciplinary woe to SC lawyer (February 18, 2021)

Karen Rubin has published an article on LexBlog, titled “Will contest brings disciplinary woe to SC lawyer." The article begins as follows: A ruling handed down last month by the South Carolina Supreme Court provides object lessons on several aspects of the lawyer discipline system and how to stay out of trouble. In its order and opinion, the … Continue reading Karen Rubin (LexBlog): Will contest brings disciplinary woe to SC lawyer (February 18, 2021)

Bloomberg Wealth: How to Keep Money From Destroying Your Family (February 17, 2021)

Suzanne Woolley of Bloomberg News has made available for download her article, “How to Keep Money From Destroying Your Family,” which discusses ways that financial issues can divide families, and ways to avoid them. The summary of the article is as follows:  There are some clear pitfalls to avoid when mixing money and family.Communication is particularly important now during … Continue reading Bloomberg Wealth: How to Keep Money From Destroying Your Family (February 17, 2021)

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)

Florida Probate & Trust Litigation Blog: Why isn’t a will that’s valid in Belgium also valid in Florida? (February 22, 2021)

Juan C. Antúnez, in his Florida Probate & Trust Litigation Blog, discusses Malleiro v. Mori. The article begins as follows: Florida is a magnet for people and foreign capital. Last year alone international home buyers poured $15.6 billion into our state’s economy. Florida’s also the first choice for relocating retirees within the U.S., and the single … Continue reading Florida Probate & Trust Litigation Blog: Why isn’t a will that’s valid in Belgium also valid in Florida? (February 22, 2021)

Baker McKenzie Family Office Forum Feb. 24-25, 2021

Baker McKenzie has announced its Virtual Family Office Forum. The agenda is as follows: The 2021 Family Office Forum provides families and family office professionals with engaging presentations and interactive discussion on pressing topics for family offices. Stay ahead of the curve by joining this two-day virtual event from February 24-25, 2021.The full agenda with session descriptions … Continue reading Baker McKenzie Family Office Forum Feb. 24-25, 2021

Ray Dalio: Are We In A Stock Market Bubble? (Feb. 22, 2021)

Ray Dalio, Co-Chief Investment Officer & Co-Chairman of Bridgewater Associates, LP, has published his article, Are We In A Stock Market Bubble? (Feb. 22, 2021). The article begins as follows: I’ve seen a lot of bubbles in my time and I have studied even more in history, so I know what I mean by a … Continue reading Ray Dalio: Are We In A Stock Market Bubble? (Feb. 22, 2021)

IRS Notice 2021-15: New law provides additional flexibility for health FSAs and dependent care assistance programs

The IRS has provided greater flexibility, due to the pandemic, to employee benefit plans offering health flexible spending arrangements (FSAs) or dependent care assistance programs. Under the COVID-related Taxpayer Certainty and Disaster Tax Relief Act of 2020, these plans now have additional discretion in 2021 and 2022 to adjust their programs to help employees better … Continue reading IRS Notice 2021-15: New law provides additional flexibility for health FSAs and dependent care assistance programs

Est. of Miriam Warne, T.C. Memo 2021-17: Estate and Gift Tax Values of Leased Fee Interests Determined (Feb. 18, 2021)

In the Estate of Miriam Warne, T.C. Memo 2021-17, Tax Court Judge Buch determined the estate and gift tax values of limited liability companies (LLCs) that held ground leases in several properties. The decedent and her predeceased husband created a Family Trust that became the majority interest holder of five LLCs. In 2012, the decedent … Continue reading Est. of Miriam Warne, T.C. Memo 2021-17: Estate and Gift Tax Values of Leased Fee Interests Determined (Feb. 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)

Rethinking How We Score Capital Gains Tax Reform by Natasha Sarin, Lawrence H. Summers, Owen Zidar, and Eric Zwick: (January 25, 2021)

Natasha Sarin, Lawrence H. Summers, Owen Zidar, and Eric Zwick, of the University of Pennsylvania, Harvard University, Princeton University, and the University of Chicago, respectively, have made available for download their article, Rethinking How We Score Capital Gains Tax Reform, published in University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2021-10. The … Continue reading Rethinking How We Score Capital Gains Tax Reform by Natasha Sarin, Lawrence H. Summers, Owen Zidar, and Eric Zwick: (January 25, 2021)

Forbes: Biden Wants To Limit The Capital Gains Tax Preference. History Shows It Will Be Hard (Feb 16, 2021)

Forbes has published an article, Biden Wants To Limit The Capital Gains Tax Preference. History Shows It Will Be Hard, which discusses [INSERT GENERAL SUBJECT]. The article begins as follows: President Biden wants to revamp the taxation of capital gains, but if history is any guide, it won’t be easy. The tax preference for capital gains turns … Continue reading Forbes: Biden Wants To Limit The Capital Gains Tax Preference. History Shows It Will Be Hard (Feb 16, 2021)

Forbes: Biden Wants To Limit The Capital Gains Tax Preference. History Shows It Will Be Hard (February 16th, 2021)

Forbes has published an article, Biden Wants To Limit The Capital Gains Tax Preference. History Shows It Will Be Hard, which discusses the origins and evolution of capital gains throughout US history. The article begins as follows: President Biden wants to revamp the taxation of capital gains, but if history is any guide, it won’t be easy. … Continue reading Forbes: Biden Wants To Limit The Capital Gains Tax Preference. History Shows It Will Be Hard (February 16th, 2021)