Resources

While most of the press has focused on the income tax changes resulting from the Tax Cuts and Jobs Act of 2017 (TCJA), the changes relating to the federal estate and gift tax seemed to have received little attention. That is unfortunate as the changes are significant.  TCJA substantially increased […]

In August of 2016, the IRS issued long awaited proposed regulations under IRC Section 2704. If adopted, these proposed regulations may significantly reduce the opportunity to apply valuation discounts when making intra-family transfers of interests in various entities. For estate planning attorneys and their clients this translates to impending restrictions […]

Estate taxes. You think you don’t need to be worried about them because you’re not rich enough – at least according to the Federal Estate Tax laws. You see, to be rich enough to be concerned about Federal Estate Taxes at your death, you would need to have an estate […]

On April 26, 2014, the Maplewood Library is hosting a seminar entitled Tying the Post-Windsor Knot:  Financial and Estate Planning Issues for the LGBT Community After DOMA.  In 2013, the U.S. Supreme Court held that Section 3 of the Federal Defense of Marriage Act (DOMA) was unconstitutional.  Edith Windsor and […]