Senior figures from within Guernsey's fund industry have welcomed the continued increase in the value of funds under management and administration in the island.
A new online platform, developed in Guernsey, is aiming to make the 'know your client' process quicker, easier and more cost effective.
Locate Guernsey has helped tech fund manager, Nick Magliocchetti, become the latest businessman to move to the island.
Guernsey Finance Chief Executive Dominic Wheatley said the new brand provides Guernsey with a fresh and current look that is fit for the modern world.
The opinion issued in the case of Estate of Edward G. Beyer v. Commissioner of Internal Revenue was the culmination of an estate planning exercise that had an unfortunate ending for everyone involved.
Day Pitney LLP
On October 14, Gov. Christie signed a new law that will remove New Jersey from the top of the list as one of the worst states in which to die, and that may give pause to many New Jersey residents seeking to establish their domicile elsewhere.
Frankfurt Kurnit Klein & Selz
In a joint appearance on September 30, 2016, Governor Chris Christie and legislative leaders announced a bipartisan agreement to repeal the New Jersey Estate Tax.
Fox Rothschild LLP
News of the expected phase-out of New Jersey's estate tax along with changes to federal estate tax laws in recent years means that many New Jersey residents should consider simplifying their estate planning documents to eliminate outdated provisions designed to save state and federal estate taxes.
Stroock & Stroock & Lavan LLP
For several years, the elimination of valuation discounts for transfers of minority interests in family-controlled entities has been the target of the Obama administration's legislative proposals.
Proskauer Rose LLP
The October Section 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs is 1.6%, up 0.2% from September.
Holland & Knight
Only a few months ago, it appeared that the dispute between Tom Benson had with his daughter and trustees of trusts he created was settled, but is now heading back to court.
The Proposed Regulations would eliminate most valuation discounts on redemptions and transfers of family business interests among family members when a single family "controls" the business both before and after the transfer.
Saul Ewing LLP
I've written before about the new proposed Treasury Regulations under Section 2704 of the Internal Revenue Code.
Kramer Levin Naftalis & Frankel LLP
On August 2, the United States Treasury Department issued proposed regulations under Section 2704 of the Internal Revenue Code of 1986, as amended from time to time (the "Code").
Thompson Coburn LLP
The announcement of the Bayer-Monsanto transaction gives shareholders a great opportunity to think about taxes and charitable planning options.
Goldin Peiser & Peiser, LLP
An FLP provides a structure in which family members may own a piece of an investment.
Foley & Lardner
The summer yielded mixed economic signals for the auto industry. On the plus side, U.S. unemployment rates and interest rates remain low.
Ostrow Reisin Berk & Abrams
Because the estate tax exemption currently tops $5 million, fewer people need life insurance to provide their families with the liquidity to pay estate taxes.
On Aug. 30, 2016, the Treasury Department, the Federal Reserve, the FDIC, the National Credit Union Administration and the Office of the Comptroller of the Currency issued guidance to U.S. banks...
There are several gifting vehicles that provide donors and their families with the opportunity to participate in their philanthropy on an ongoing basis