The family recent limited partnership (FLP) is used by senior family members to facilitate business succession and estate planning. Read More
On Sunday December 22, 1996, The New York Times ran a page one articled ” For Wealthy Americans, Death is More Certain than Taxes. Read More
IRS Technical Advice Memorandum (“TAM2”) 9604001 holds that in an “equity” split-dollar life insurance arrangement. Read More
Internal Revenue Code section 2702 (hereinafter IRC), enacted in 1990 as part of chapter 14 of the IRC,1 is a gift tax provision that deals with transfers interest in trust to or for the benefit of members of the transferor’s family. Read More
On September 24, 1996, the State of Israel opened a new entrance to an archaeological tunnel adjacent to the Temple Mount in Jerusalem. Read More