Planning for use of the TPT credit yields significant tax savings

Article Abstract:

Estate planning strategies for claiming the tax on prior transfers credit are analyzed. Topics include the calculation of the TPT credit, reductions in the credit based on the amount of time between the deaths of the transferor-decedent and transferee-decedent, and the treatment of qualified terminable interest property.

Management, Transfer taxes, Qualified terminable interest property, Qualified terminable interest property trusts

---

Corporate buy-sell agreements as estate and business planning tools

Article Abstract:

The authors explain how to plan and draft a successful corporate buy-sell agreement. Related tax and economic issues are addressed. Topics include types of restrictions in buy-sell agreements, establishing the purchase price, hybrid agreements, and the effect on estate tax valuation.

Business planning, Corporate reorganizations, Buy-sell agreements

---

Tax advantages of leasing real property to a close corporation

Article Abstract:

The author discusses the estate planning ramifications of leasing real property to a closely held corporation for income tax savings purposes. Topics include deferral of estate tax payments, actual use valuation, and the qualified family-owned business deduction.

States, Taxation, Real estate, Licensing agreements, Close corporations, Closely held corporations, Real property, Family-owned business enterprises, Family-owned businesses

Similar abstracts:

• Abstracts: Planning impact of new expatriation and foreign trust tax rules. Domicile is key in determining transfer tax of non-citizens
• Abstracts: Estate planning strategies for owners of more than one business. Drafting estate planning provisions to avoid litigation
• Abstracts: Standing to sue under rule 10b-5: a fresh look at the new investment doctrine. Section 11(a) and rule 11A-1 of the Securities Exchange Act of 1934: long on the books, but rarely invoked rules that landed NYSE floor brokers in jail
• Abstracts: The Case of the Speluncean Explorers: Revisited. The Case of the Speluncean Explorers. The rhetoric of difference and the legitimacy of capital punishment
• Abstracts: 'Things fall apart': The case for radical reform of the EU's courts. The EU charter of rights: rhetoric or reality?

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.