Venable: Virginia Bans Mandatory Arbitration in Investment Adviser Client Agreements, but Is the Ban Enforceable? (Sept. 16, 2019)

Venable reports that Virginia has issued new regulations banning arbitration in investment advisor client agreements. Venable's article begins as follows: Virginia's State Corporation Commission (SCC) has issued a new regulation, 21-VAC5-80-200(F) (the "SCC Anti-Arbitration Regulation"), that prohibits investment advisers operating in Virginia from including "any mandatory arbitration provision in an advisory contract."1 This new rule, … Continue reading Venable: Virginia Bans Mandatory Arbitration in Investment Adviser Client Agreements, but Is the Ban Enforceable? (Sept. 16, 2019)

McDermott Will & Emery: Illinois Enacts New Trust Code: What Fiduciaries Need to Know (Sept. 16, 2019)

Peter B. Allport, Nicole K. Mann, Jared R. Cloud and Margaret Elizabeth Sanne, of McDermott Will & Emery, have published an article discussing the new trust code enacted by Illinois. Their article, begins as follows: Effective January 1, 2020, the new Illinois Trust Code (ITC) will replace the Illinois Trusts and Trustees Act, ushering in … Continue reading McDermott Will & Emery: Illinois Enacts New Trust Code: What Fiduciaries Need to Know (Sept. 16, 2019)

Smith, Zidar & Zwick: Top Wealth in the United States: New Estimates and Implications for Taxing the Rich, NYU Tax Policy Colloquium Series (2019)

Eric Zwick, Chicago Booth and NBER, presented Top Wealth in the United States: New Estimates and Implications for Taxing the Rich, along with Matthew Smith, U.S. Treasury Department, and Owen Zidar, Princeton, at NYU last week as part of its Tax Policy Colloquium Series hosted by Lily Batchelder and Daniel Shaviro. The Abstract for this presentation is as follows: This paper uses … Continue reading Smith, Zidar & Zwick: Top Wealth in the United States: New Estimates and Implications for Taxing the Rich, NYU Tax Policy Colloquium Series (2019)

The Growing Debate Over Elizabeth Warren’s Wealth Tax | The New Yorker

The New Yorker has published an article that examines Elizabeth Warren's proposal for an annual wealth tax. The New Yorker article begins as follows: As Senator Elizabeth Warren prepares for Thursday’s Democratic debate, in Houston, she is the first viable contender for the Presidency in decades to have proposed a direct tax on wealth. In … Continue reading The Growing Debate Over Elizabeth Warren’s Wealth Tax | The New Yorker

Bloomberg Tax & Accounting Releases Free Special Report Detailing 2020 Projected U.S. Tax Rates

Bloomberg Tax & Accounting has released its free report: 2020 Projected U.S. Tax Rates, ahead of the IRS’s official figures. The report gives tax practitioners and financial professionals an early start on 2020 tax year planning to more effectively develop money-saving strategies for their clients. The more than 500 figures from over 60 IRC sections contained in … Continue reading Bloomberg Tax & Accounting Releases Free Special Report Detailing 2020 Projected U.S. Tax Rates

The Federal Estate Tax: History, Law, and David Joulfaian: The Federal Estate Tax: History, Law, and Economics (The MIT Press) (Sept. 10, 2019).

David Joulfaian, Financial Economist at the U.S. Department of the Treasury and Adjunct Professor of Economics at Georgetown University, has published his book, via MIT Press, The Federal Estate Tax: History, Law, and Economics. The description, on Amazon.com, is as follows: A comprehensive and accessible account of the U.S. estate tax, examining its history and … Continue reading The Federal Estate Tax: History, Law, and David Joulfaian: The Federal Estate Tax: History, Law, and Economics (The MIT Press) (Sept. 10, 2019).

Tessa Davis, Freezing the Future: Elective Egg Freezing and the Limits of the Medical Expense Deduction

Tessa Davis, U. South Carolina School of Law, has made available for download her forthcoming article, Freezing the Future: Elective Egg Freezing and the Limits of the Medical Expense Deduction, to be published in the Kentucky Law Journal. The Abstract is as follows: Section 213 of the Internal Revenue Code (the Code) allows a deduction … Continue reading Tessa Davis, Freezing the Future: Elective Egg Freezing and the Limits of the Medical Expense Deduction