Preparing and Engaging the Next Gen for Future Succession Roles
How to equip inheritors to handle a large influx of wealth.
401(k) Real Chat: Wayne Park
Retirement industry thought leaders answer three probing questions on critical issues, providing an open, honest and candid dialogue.
The Net, Net Gift
Practitioners are well-aware that lifetime gifts are more tax-efficient than transfers at death. But during the past seven years there's been a possibility that the estate tax might be permanently repealed, so it's been out of vogue for practitioners to advise clients to make taxable gifts that exceed the lifetime gift exemption and require tax payments.
IRS Issues New Notice on Inherited IRAs
It waives excise tax for failure to take RMDS for 2024 for certain accounts
PLR Determines Tax Consequences of Corporate Transaction
Indirect transfers weren’t gifts because they were made in the ordinary course of business.
House Passes Legislation to Terminate Tax-Exempt Status of Terrorism-Linked Charities
The bill was expedited after Iran attacked Israel over the weekend.
Review of Reviews: Immortal Longings: Perpetuity in Context
Lawrence M. Friedman, professor of law, Stanford Law School, Stanford, Calif.
Review of Reviews: The New Undue Influence
David Horton, the Martin Luther King, Jr. professor of law at the University of California, Davis, School of Law in Davis, Calif. and Reid Kress Weisbord, distinguished professor of law at Rutgers Law School in Newark, N.J. and the Judge Norma L. Shapiro Scholar.
Review of Reviews: Strings Are Attached: Shining a Spotlight on the Hidden Subsidy for Perpetual Donor Limits on Gifts
Roger Colinvaux, professor, The Catholic University of America Columbus School of Law in Washington, D.C.
Review of Reviews: Trapped Between the URPTODA and the UPHPA: Probate Reforms to Bridge the Gap and Save Heirs Property for Modest-Wealth Decedents
Danaya C. Wright, professor of law, University of Florida Law in Gainesville, Fla.