The More Things Change, the More They Stay the Same? Foreign Investment in U.S. Real Estate after the Tax Cuts and Jobs Act

By Jonathan E. Gopman, Esq. and Paul J. D'Alessandro, Jr., Esq. On December 22, 2017, President Trump signed into law what is commonly referred to as the Tax Cuts and Jobs Act (the "Act").1 The Act represents the most comprehensive reform to U.S. tax law since 1986. In particular, the Act changed many long-standing U.S. international tax … Continue reading The More Things Change, the More They Stay the Same? Foreign Investment in U.S. Real Estate after the Tax Cuts and Jobs Act

Linda Kotis: Your Heirs May Find Your Single Member LLC Taxing

By Linda Kotis I. SMLLC Scenario and Potential Consequences Archie and Edith were married for 50 years. After Archie’s death, Edith sold their home in Queens, New York for a tidy profit. Archie also named his wife as the beneficiary of a large insurance policy he bought when he first started working at the loading … Continue reading Linda Kotis: Your Heirs May Find Your Single Member LLC Taxing

In Re Robert J. Spenlinhauer: IRS Allowed to File Late Estate Tax Claim Against Debtor

In In re Robert J. Spenlinhauer, Case No. 13-17191-JNF (US BR Dist. Mass, Sept. 8, 2017), The U.S. Bankruptcy Court for the District of Massachussetts held that the IRS is entitled to an extension to file a proof of claim against a debtor arising from unpaid estate tax obligations as the executor and a transferee … Continue reading In Re Robert J. Spenlinhauer: IRS Allowed to File Late Estate Tax Claim Against Debtor

Probate Funding and the Litigation Funding Debate by Jeremy Kidd

Jeremy Kidd, Mercer University - Walter F. George School of Law, has made available for download his article, "Probate Funding and the Litigation Funding Debate."   The Abstract is as follows: Third-party funding of legal claims is becoming more common, and has been quietly gaining a foothold in the probate arena. Probate funding, the transaction in which … Continue reading Probate Funding and the Litigation Funding Debate by Jeremy Kidd