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The Estate Planner

A Newsletter for estate planning practitioners

The Estate Planner
 

March 9, 2016

Treasury Releases Proposed Regulations on Basis Consistency

James Dougherty and Eric Fischer

The proposed regulations respond to the initial concerns of many commentators and adopt several sensible rules that will ease some of the burden imposed by the new reporting requirement.

FULL ARTICLE


Bin Laden’s Will UnSEALed

John T. Brooks and Jena L. Levin

The infamous terrorists' last will and testament was recently made public.

FULL ARTICLE


The Basics of US Taxation of Offshore Trusts

Howard Rosen

Many professionals are unprepared to manage the IRS reporting requirements of offshore asset protection trusts.

FULL ARTICLE


Avoid the Dreaded Double Tax on Retirement Benefits

E. Peter Tiboris

The incentive to keep assets compounding in a retirement plan can have significant tax implications if the retiree were to die.

FULL ARTICLE


IRS Issues Final Regs for Reporting of Foreign Financial Assets

Dina Kapur Sanna and Andrew N. Wogman

On Feb. 22, the IRS issued final regulations to further implement IRC Section 6038D, which imposes on certain U.S. taxpayers a requirement to report “specified foreign financial assets” if the aggregate value of such assets exceeds applicable thresholds..

FULL ARTICLE


IdeaXchange

Your Law Practice as Theater

Craig R. Hersch

To create the intended client experience, it helps to think of your law practice as theater.

FULL ARTICLE


 

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WEALTH MANAGEMENT WIRE

Do you want to establish a trust? There are many different reasons people do so.

A recent proposal would reform the excise tax for private foundations based on their investment income.