Dixcart Group Limited
The St Kitts & Nevis Citizenship by Investment Programme grants qualified applicants instant visa-free access to over 150 countries and it is one of the oldest and most respected programmes of its kind.
Holland & Knight
The House Committee on Ways and Means' proposed tax plan to pay for the $3.5 trillion infrastructure bill includes a number of significant changes to current estate planning opportunities.
Stuart Morris discusses the need to recruit and retain trusts and estates attorneys in Florida with the influx of Americans relocating to the state and the Biden administration's anticipated tax exemption looming...
Holland & Knight
The IRS has issued Revenue Procedure 2021-40, 2021-38 IRB 1, adding a private foundation issue to the list of those areas on which the IRS will no longer issue private letter rulings or determination letters.
Moodys Private Client Law LLP
The cost of being a US citizen living abroad extends well beyond going through the motions of staying US tax compliant annually. It includes legal/accounting fees, huge failure-to-file penalties if late...
On May 19, 2021, the Iowa Legislature closed this year's session by passing a 60-page tax bill consisting of 28 divisions addressing a plethora of topics, resulting in an estimated cut in taxes of $1 billion over the next eight years.
Herrick, Feinstein LLP
On May 28, 2021, the Biden Administration released its "Green Book," which summarizes the Administration's tax proposals. While the Green Book is not proposed legislation, it highlights...
Cades Schutte LLP
With a new presidential administration at the helm of our federal government, as well as a new majority in the U.S. Senate, changes to the estate tax laws may be on the horizon on the federal level.
Reinhart Boerner Van Deuren s.c.
Much attention has been paid in recent weeks to President Biden's infrastructure plan as well as its key sources of funding, including, among other things, raising the corporate tax rate.
McLane Middleton, Professional Association
For the migratory surviving spouse, the taxation of a QTIP trust created in another state for his or her benefit is far from settled
Ward and Smith, P.A.
The amount that you can give to your children during life or leave to them after death estate tax-free currently is at a historically high level.
Proskauer Rose LLP
After the flurry of estate planning activity at the end of 2020, particularly the transfer of entity interests, such as limited partnerships and limited liability companies...
Taft Stettinius & Hollister
The Democratic wins in both Georgia Senate runoff elections create an opportunity for the Biden administration to pass at least part of his domestic policy agenda once...
Caplin & Drysdale
Last year, the D.C. Council passed the "Estate Tax Adjustment Amendment Act of 2020," which broadens the reach of the D.C. estate tax to make up for other potential budget shortfalls.
Freeborn & Peters LLP
Estate Planning in the third quarter of 2020 continues to be shaped by recent events. This Client Alert written by Freeborn Partner Michael Whitty provides information on three hot topics.
Proskauer Rose LLP
November 2020 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts AFRs
Buchanan Ingersoll & Rooney PC
New legislation enacting the "Estate Tax Adjustment Amendment Act of 2020" was signed by the mayor of the District of Columbia in August 2020.
Shipman & Goodwin LLP
Recently, there has been talk about how current economic conditions and the 2020 elections might impact the federal estate tax.
Dickinson Wright PLLC
If your loved one recently died with a taxable estate, you might consider using an alternate valuation date to reduce estate tax. A Federal Estate Tax Return Form 706 is due 9 months after date of death...
Pillsbury Winthrop Shaw Pittman LLP
There have been a number of significant recent estate planning developments which clients should consider taking advantage of in 2020.