The December 31, 2012 sunset date for the estate tax, as provided by the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, is once again quickly approaching, and in typical fashion there is a divide over what the fate of... Read More
The just-released 5 th edition of Rich States, Poor States , the American Legislative Exchange Council's (ALEC) report on economic competitiveness of the states, reaches familiar conclusions shadowing those set forth in preceding editions: How the... Read More
There's a lot of serious news out there - tragedy, health care, a nuclear Iran. It seems the news of the day roars at us. But if you turn down the sound, you can hear it: tick, tick, tick. What is it, you say? It's the federal tax system,... Read More
There's a lot of serious news out there - tragedy, health care, a nuclear Iran. It seems the news of the day roars at us. But if you turn down the sound, you can hear it: tick, tick, tick. What is it, you say? It's the federal tax system... Read More
On this edition, attorney Randy Spiro discusses how the estate tax exemption of the first spouse to die is only portable if an election is made on that spouse's estate tax return. He explains how many surviving spouses will not want to incur the cost... Read More
Will your taxes change if you make a gift of real estate subject to a life estate over a straight gift of real estate? Guest blogger Stacey Crowell Maiden, Esq. , Of Counsel to our Trusts and Estates and Elder Law Practice Group provides an explanation... Read More
By Genevieve M. Moore and Richard S. Kinyon , Morrison & Foerster LLP As reported in this space over the last several months, there has been unprecedented upheaval in the federal transfer tax world in the last few years. One element of this... Read More
The Tax Relief Act of 2010 was overwhelmingly passed by Congress and signed into law by President Obama on December 17, 2010. The new law provides numerous tax benefits for businesses and individuals for the next two years, including: Continuing... Read More
With only two months left in 2010, the uncertainty surrounding the estate tax still hangs over our heads. There have been a variety of bills proposed over the past two years, yet we do not have an answer as to what 2011 will bring, and if we look... Read More
By Trusts, Estates & Nonprofit Organizations Group, Morrison & Foerster LLP On December 17, 2010, President Obama signed into law the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Authorization Act ( H.R. 4853 , "the... Read More
Valuation Handbook , a one-volume treatise, is intended for estate and tax lawyers faced with computing the value of a decedent's estate for federal estate tax purposes and for corporate and other commercial attorneys who handle the sale and purchase... Read More
Matthew Bender and the University of Southern California Gould School of Law are pleased to present this new compilation of fourteen articles written by the biggest names in the field of taxation. The articles are divided into three areas: corporate;... Read More