Top 10 Mistakes by Estate Planners
Estate planners can make many different types of mistakes, from leaving an important clause out of a will to miscalculating the projected estate tax. Read More
Estate planners can make many different types of mistakes, from leaving an important clause out of a will to miscalculating the projected estate tax. Read More
Traditionally, most individuals are familiar with the Will as their major estate planning document. Read More
The IRS issued Rev. Proc 2000—37, ‘ which provides a new safe harbour that may be used to qualify a reverse like-kind exchange for real estate as a tax-deferred exchange under section 1031. Read More
TRA ’97 added IRC Section 645, which permits an executor and a trustee to elect that a qualified revocable trust be treated and taxed as part of a descendent’s estate for income tax purposes. Read More
In a recent case, the Tax Court held that a withdrawal from an IRA (individual retirement account) was a taxable event even though the IRA owner claimed that it was a nontaxable transfer pursuant to a divorce decree. Read More