Subotnik, The Fine Art of Rummaging: Successors and the Life Cycle of Copyright

Associate Professor Eva E. Subotnik, St. John's University School of Law, has made available for download her research paper, The Fine Art of Rummaging: Successors and the Life Cycle of Copyright, published in the The Research Handbook on Art and Law. The Abstract is as follows: This chapter argues that a possible justification for the … Continue reading Subotnik, The Fine Art of Rummaging: Successors and the Life Cycle of Copyright

Singer & Stone: A Taxing Dilemma – Encouraging clients to take advantage of the increased exemption

The exclusion from the United States gift and estate tax has been increased to $10 million (adjusted for inflation, $11.4 million in 2019) for both taxable gifts made after 2017 and estates of decedents dying after 2017. However, at the end of 2025, the increased exemption will expire as the exclusion from the U.S. gift … Continue reading Singer & Stone: A Taxing Dilemma – Encouraging clients to take advantage of the increased exemption

Sangster, Family Business Transitions: Rising to the Challenge

Claudia Sangster, Co-Director, Norther Trust, Family Education and Governance, has made available for download her article, Family Business Transitions: Rising to the Challenge (May 2019). The summary is as follows: • Only 12% of family businesses survive to the third generation• Developing a plan and process to prepare the next generation of leadership can improve … Continue reading Sangster, Family Business Transitions: Rising to the Challenge

KPMG – Family Office Fridays: Wealth Transfer Tax and Succession Planning Considerations (Free Webcast)

KPMG is hosting a free webcast, Family Office Fridays: Wealth Transfer Tax and Succession Planning Considerations, which discusses estate planning in the current estate tax environment. The description is as follow: For tax years beginning after December 31, 2017, individuals have an unprecedented opportunity to reduce their gift, estate, and generation-skipping transfer tax exposure by … Continue reading KPMG – Family Office Fridays: Wealth Transfer Tax and Succession Planning Considerations (Free Webcast)

Tait, The Law of High-Wealth Exceptionalism

Professor Allison Anna Tait, University of Richmond School of Law had made available for download her article, The Law of High-Wealth Exceptionalism, published in the Alabama Law Review (2019). The Abstract is as follows. No family is an island. But some families would like to be – at least when it comes to wealth preservation … Continue reading Tait, The Law of High-Wealth Exceptionalism

Cahill: Facts, Takeaways and Thoughts

By Richard L. Harris, CLU ® AEP ® For those of you that don’t follow intergenerational split-dollar arrangements here’s a quick and dirty about how they normally work. Three generations involved Senior is wealthy and older, often in 80’s or 90’s Senior makes an advance or a loan to an ILIT for the benefit of grandchildren. In … Continue reading Cahill: Facts, Takeaways and Thoughts

The 1846 Last Will of John Sutton—What’s Not So New in Will Drafting and Contests

By Terrence M. Franklin © 2018 University of Miami School of Law.  This material was prepared for the 52nd Annual Heckerling Institute on Estate Planning sponsored by the University of Miami School of Law, and published by LexisNexis. It is reprinted with the permission of the Heckerling Institute and the University of Miami. Introductory Remarks ALAN F. ROTHSCHILD, … Continue reading The 1846 Last Will of John Sutton—What’s Not So New in Will Drafting and Contests