The Further Consolidated Appropriations Act, 2020, signed into law Dec. 20, 2019, includes a division that is known as the SECURE Act,1 which made major changes to the required minimum
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trusts
Effect of Kaestner on Non-California Trusts With California Beneficiaries
On June 21, 2019, in a unanimous decision, the U.S. Supreme Court held as unconstitutional a North Carolina statute that had been interpreted by North Carolina to mean that a…
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Considerations in Administering an Irrevocable Life Insurance Trust
By Greenberg Traurig on
Irrevocable life insurance trusts (ILITs) serve a multitude of significant estate planning and asset protection objectives. To effectuate these goals, proper administration of such trusts is required. This can be…
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IRS Temporarily Halts PLRs on Certain GST Tax Issues
By Michelle L. Soto on
On March 3, 2017, Melissa C. Liquerman, a branch chief for the IRS Office of Chief Counsel, announced at the Federal Bar Association Tax Law Conference that, due to “budget…
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Trusts Can Provide Benefits Even for the Most Financially Savvy
By Michelle L. Soto on
In planning for the next generation, many parents struggle with the decision of whether to transfer property to their children outright or in trust. Some feel that transferring property outright …
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Greenberg Traurig Webinar – 2016 Heckerling Institute on Estate Planning: Key Take-Aways
By Greenberg Traurig on
Posted in Estate Planning, Event
Greenberg Traurig Tax & Business Group attorneys Jonathan Forster and Todd Steinberg, along with AALU Director of Public Policy, David Hollingsworth, hosted the 2016 Heckerling Institute on Estate Planning…
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