Estate planning in the shadow of a possible tax repeal
Article Abstract:
The author suggests that estate planning professionals should not disregard the possibility of transfer tax repeal, particularly when planning gifts. Although President Clinton will veto any repeal legislation, the fact that such legislation does well in Congress, should encourage caution.
Publication Name: Taxes: The Tax Magazine
Subject: Business
ISSN: 0040-0181
Year: 2000
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Family limited partnerships and the E.J. Church decision
Article Abstract:
The author discusses the E.J. Church decision where the IRS challenged transactions of a family limited partnership. The case is unusual due to the IRS loss, but is useful for tax and estate planning purposes.
Publication Name: Taxes: The Tax Magazine
Subject: Business
ISSN: 0040-0181
Year: 2000
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1997 estate plan check-up
Article Abstract:
Estate and gift taxes were not the primary focus of tax legislation in 1996, but there were enough changes to tax laws and regulations that affect estate planning to warrant a review of clients' estate plans. Foreign grantor trust and expatriation rules may affect clients with offshore holdings. Regulations clarifying the use of personal residence trusts and qualified domestic trusts may provide planning opportunities. Other recent developments have focused on long-term care taxation, charitable giving and qualified terminable interest property.
Publication Name: Taxes: The Tax Magazine
Subject: Business
ISSN: 0040-0181
Year: 1997
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- Abstracts: Charitable split-dollar and charitable retirement plans for life insurance. Using charitable lead trusts as a life insurance planning tool
- Abstracts: Market interest rate loans: a simple and effective potential estate planning technique. Taxation of business gifts
- Abstracts: White paper leaves communications industries in the dark. AOL merger tests water for media/internet tie-ups. AOL, Time Warner call time on internet stocks
- Abstracts: How will artificial intelligence systems and expert systems impact the estate planning field? Client management systems
- Abstracts: Crystal gazing the new biotechnologies: several scientific, conceptual, and financial challenges face biotechnology if it is to overcome thus far intractable problems in human disease and agriculture