Fiduciary Liability for Unpaid Taxes

Marshall Senterfitt and Mark Swirbalus of Goulston & Storrs note that In United States of America v. Estate of Robert Reitano, Civil Action No. 12-11944-RWZ, 2014 U.S. Dist. LEXIS 123200 (D. Mass. Sept. 4, 2014), the federal district court issued a warning shot to estate fiduciaries who fail to pay the federal tax liabilities of the estates they are administering.

To read a summary of their summary of this case, see T&E Litigation Newsletter – September 2014 #1 | Goulston & Storrs PC – JDSupra.

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.