Public Law 115-97, commonly referred to as the Tax Cuts and Jobs
Act (the "Act"), was signed into law on Dec. 22,
2017.1 The Act significantly altered many provisions of
the Internal Revenue Code, resulting in substantial changes to the
calculation of personal and entity-level income taxes and the
further reduction to the pool of individuals to whom the estate,
gift and generation skipping transfer taxes will apply. Although
less than .02 percent of taxpayers are affected by the federal
wealth transfer tax, depending on an individual's age and life
expectancy, taxpayers who would not be subject to an estate tax
under the current exemption levels may still find opportunities for
making lifetime gifts.2 By incorporating flexibility in
the structure and mechanics of a client's estate plan,
practitioners can assure a client who is uncertain about the future
"opportunity cost" of his/her gift that his/her plans can
adapt with changing family a
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3 May 2018, Speaking Engagement, New York, United States
This CLE-eligible program is presented by Pryor Cashman, The FAME Center at Cardozo, The Cardozo Alumni Association's Fashion Law Practice and CARDOZO WOMEN and will be hosted at Pryor Cashman's New York office at 7 Times Square.
Topics to be explored include the definition of a useful article, feature incorporation, and how ”knockoffs” will be treated in the new legal landscape. This interactive panel presentation will be followed by networking, drinks and hors d’oeuvres.
Stock's panel, "General Data Protection Regulation and Data Privacy," will examine how to manage data protection and international harmonization, as well as coordinating the rules of different jurisdictions and the regulations applicable to them. She and her co-presenters will also discuss how the increased focus on protections affect the law, multinational companies and their employees.
Frazer and his co-panelists, including executives from Union Square Hospitality Group, Durst Hospitality Group, Shake Shack and Momofuku will explore the intersection of real estate and hospitality, specifically, the varying perspectives on valuation, market conditions, changing consumer behaviors, deal considerations and financial analysis.
Clients often raise three major complaints about the divorce process: 1) how long it takes; 2) how much it costs; and 3) the complete lack of control they feel over their lives while the process plays out.
As explained in an earlier article,1 a common civil law estate planning technique involves an older generation making a gift of bare ownership in an income generating asset to members of a younger generation.
Many dissolutions of marriage will include an alimony component. If yours does, then it is possible you will hear the term AAML bandied about during your consultation.
On December 22, 2017, the Tax Cuts and Jobs Act (the "Act") was signed into law. The Act implements a variety of significant tax reforms. Pertinent to estate, gift ...
In 1959, to consolidate their family businesses and make it easier to obtain financing, Michael ("Mickey") Redstone and his two sons, Sumner and Edward, formed National Amusements, Inc. (NAI).
