New York Law Journal | Analysis
By Matthew D. Van Leer-Greenberg | August 18, 2022
Decanting is an invaluable tool for estate planners, as it can aid in modernizing a trust that no longer conforms to the intended wishes of the grantor, or contains stale trust provisions which would ultimately harm the intended beneficiaries.
By Jim Turner | August 17, 2022
The revised projection means state lawmakers will have more money to play with as they draw up a budget during the 2023 legislative session.
New York Law Journal | Analysis
By David E. Kahen and Elliot Pisem | August 17, 2022
The article discusses 'Kellett v. Commissioner', a recent Tax Court decision addressing the tax treatment of start-up expenditures and, perhaps more generally, the ability of a taxpayer to rely on IRS guidance that is determined by a court to lack statutory authorization.
By Ben Steverman | August 15, 2022
Private placement life insurance is a decades-old strategy that has been gaining popularity among the super-wealthy as a way to protect their fortunes from income and estate taxes.
By Brian Slodysko | August 15, 2022
Democratic Sen. Kyrsten Sinema helped eliminate a proposed "carried interest" tax increase on private equity earnings while securing a $35 billion exemption that will spare much of the industry from a separate tax increase other huge corporations now have to pay.
Daily Business Review | Analysis|News
By Joe Dysart | August 12, 2022
Here's what small business consultants recommend for any business looking to jump to a new market.
By Adolfo Pesquera | August 9, 2022
The Walravens sued the Shanks defendants for negligence, legal and professional malpractice, breach of fiduciary duties, and breach of contract.
Daily Business Review | Analysis
By Seth Mullikin | August 8, 2022
Real estate can help you hedge against inflation and secure your retirement—and it provides tax benefits.
By Dan Packel | August 4, 2022
Even as other firms have shifted away from the private client practice, McDermott also hired partner Daniel Hatten from Proskauer Rose in April.
By Avalon Zoppo | August 3, 2022
The panel sided with the government in the bulk of the convoluted tax case, rejecting a more than billion-dollar tax refund Exxon sought.
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