Tax Law

Recent Posts

Two Year Increase in Gift Tax Exclusion is Nearing Its End – The Window for Tax Savings Is Closing Quickly
Posted on 2 Apr 2012 by Morrison and Foerster LLP

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 was... Read More

Dynasty Trusts: The Perpetuities Patchwork and Other Considerations
Posted on 3 Dec 2012 by Genevieve M. Moore, Esq.

by Genevieve M. Moore - Morrison & Foerster LLP As the year winds down, many of our clients are taking advantage of the unprecedented opportunity to make gifts of up to $5,120,000, per donor, free of any federal gift tax. Since the federal generation... Read More

ALERT: President Obama Signs Bill on Tax Cut Extensions
Posted on 21 Dec 2010 by Caplin and Drysdale

By Beth Shapiro Kaufman , Lucy S. Lee , and Michael G. Pfeifer President Obama has signed into law a $858 billion tax cut package that will extend for two years the tax cuts enacted under President Bush in 2001 and 2003. The bill passed in the Senate... Read More

Transfer Tax Law Changes; GST Planning Available Only in 2010
Posted on 22 Dec 2010 by McDermott Will & Emery

By L. Timothy Halleron , Carol A. Harrington , and Richard A. Lang The new federal tax law presents an extraordinary wealth transfer opportunity, but the generation-skipping transfer tax sale ends December 31, 2010. It's old news now that... Read More

Two Year Increase in Gift Tax Exclusion is Nearing Its End – The Window for Tax Savings Is Closing Quickly
Posted on 2 Apr 2012 by Morrison and Foerster LLP

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

Dynasty Trusts: The Perpetuities Patchwork and Other Considerations
Posted on 3 Dec 2012 by Genevieve M. Moore, Esq.

by Genevieve M. Moore - Morrison & Foerster LLP As the year winds down, many of our clients are taking advantage of the unprecedented opportunity to make gifts of up to $5,120,000, per donor, free of any federal gift tax. Since the federal generation... Read More