Recent developments in estate planning: Other Developments
No-rule list updated for private foundation self-dealing The IRS updated its no-rule list to include certain self-dealing transactions. (more…)
Recent developments in estate planning: Trust 3
Mar 24, 2023
Trusts’ merger does not trigger distributions or GST tax In IRS Letter Ruling 202215015 released April 15, 2022, the IRS...
Recent developments in estate planning – Trusts 2
Mar 22, 2023
Trust’s modification does not lose its GST tax-exempt status In IRS Letter Ruling 202206008 released Feb. 11, 2022, the IRS...
Recent developments in estate planning – Trusts 1
Mar 20, 2023
Trust division preserves assets’ basis, other tax attributes In IRS Letter Ruling 202133005 released Aug. 20, 2021, the IRS ruled...
Recent developments in estate planning – Generation-skipping transfer tax 2
Mar 17, 2023
Late allocation to CRUT allowed In IRS Letter Ruling 202134005 released Aug. 27, 2021, the taxpayer requested an extension of...
Recent Posts
- Lower Auto Depreciation Limits Issued for First Time in at Least 3 Years March 13, 2025
- The Potential Tax Liabilities of a Divorce February 10, 2025
- Final Regs Address Taxes on Gifts to Taxpayers from Ex-U.S. Citizens, Residents February 6, 2025
- Be Aware of Changes to Family Tax Credits February 3, 2025
- BOI Reporting Still on Hold Despite Supreme Court January 30, 2025