FLP UpdateBy: Martin M. ShenkmanSummary: FLPs and LLCs remain the focus of many estate plans, and the tax implications are significant. Common use, however, does not imply simple or assured tax results. The following comments were gleaned from a presentation by...
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Charitable Gift Annuities: Due Diligence for AdvisorsBy: Sheila A. Hard of Sheila Hard Planned Gift Consulting Charitable gift annuities (CGAs) are a type of planned gift that, by contract, are supposed to pay fixed income for life. Two recent cases...
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Tax Relief Act Extends IRA Owners' Opportunity to Make Tax-Advantaged Direct Gifts to CharityBy: Richard Sills, Holland & Knight, LLP[Editor's Note: The following article was first published on the Holland & Knight, LLP website and has been re-published here with...
Estate and Gift Taxes Reunited, Estate Planning for 2011& Voices of 2010By: Robert L. Moshman, Esq."Reunited and it feels so goodReunited 'cause we understoodThere's one perfect fitAnd, sugar, this one is itWe both are so excited 'Cause we're reunited, hey,...
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2010 in Review: The Year of the Ginormous LoopholePlus: The New Estate Tax Law ArrivesAnd: Inglorious, Ignoble, and Ignominious EstatesBy Robert L. Moshman, Esq.Almost every estate plan in the United States needs to be rewritten immediately. Did you just hear something? Was that the sound of...
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By: Espen Robak, Pluris Valuation Advisors In Estate of Hilde E. Erickson, TCM 2007-207 (April 30, 2007), the IRS determined a $734,599 Federal gift tax and a $718,320 Federal estate tax deficiency of the estate of Mrs. Hilde E....
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Also: Michael Jackson's Estate Revisited and Other Celebrity Estates By Robert L. Moshman, Esq. "Ready? 1,2,3,4 This is it, Here I stand I'm the light of the world I'll feel grand Got this love, I can feel And...
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Evan UnzelmanIn September, we authored Selling a CRT Income Interest, in which we described the growing market for income interests in Charitable Remainder Trusts (CRTs). The article discusses how to value CRTs, why income beneficiaries are selling, why buyers are...
By: Martin M. Shenkman, CPA, MBA, PFS, JD Introduction to Planning Through Economic Turmoil ◙ Introduction The markets are in turmoil. Daily Dow movements make Cedar Point roller coasters look tame. The remake of the movie "Fast and Furious" will...
The Path Of Altruism: A Reflection On The Nature Of A Gift James E. Hughes, Jr., Esq. As I write this, America is approaching Christmas 2006. All over the country, attorneys and accountants are reminding their clients that it...
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