The Legal Intelligencer | Commentary
By Justin H. Brown and Brittany A. Yodis | May 3, 2023
The United States has specific income tax rules for noncitizen nonresidents (NCNRs), and it has an entirely different estate and gift tax regime for NCNRs, creating traps for the unwary cross-border client.
By Allison Dunn | April 28, 2023
"What our court did was actually make clear that we do adopt common fund doctrine. The circuit court judge did not think we did. Almost every state and federal court that I could find recognizes it," said David J. Romano, an attorney who sought fees and costs after negotiating a separate $2.23 million settlement fund on behalf of unknown heirs.
New York Law Journal | Analysis
By C. Raymond Radigan | April 28, 2023
In Surrogate's Court practice, as a result of the pandemic and resulting delays, and an unprecedented shortage of court staff, both the courts…
The Legal Intelligencer | Commentary
By Vance Antonacci | April 27, 2023
The scheduled changes to the current tax laws and the potential for tax law changes prior to the cliff, as was attempted last year by the Biden administration, create ambiguities for clients and challenges for practitioners. Despite this uncertainty, there are planning opportunities for clients in the right situations.
New York Law Journal | Analysis
By Conrad Teitell | April 21, 2023
Among the Treasury's 224-page "Green Book" proposals that would affect federal income, gift and estate taxes, I highlight two among the charitable proposals: (1) Charitable Lead Annuity Trusts (CLATs), and (2) Private Foundation transfers to Donor Advised Funds.
New York Law Journal | Commentary
By Alan Feigenbaum | April 14, 2023
A discussion of Justice Karen Rothenberg's recent decision McClean v. The Bd. of Trustees of the Fire Dep't of the NYC Pension Fund, where Kathleen McClean, wife of the late firefighter Dennis McClean, was finally offered justice by being granted Line-of-Duty Death Benefits after being denied due to what the author terms "hyper-literalism."
The Legal Intelligencer | News
By Amanda O'Brien | April 6, 2023
The lawyers are aiming to reach a growing legal market in Lebanon.
Daily Business Review | Commentary
By Ellen S. Morris | April 4, 2023
Personal representatives and trustees are both held to the same standard of care as specified in Fla. Stat. 733.602(1), 733.609(1) and 736.0804. Personal representatives and trustees must both make prudent investment decisions and employ prudent investment strategies.
New Jersey Law Journal | Commentary
By Tanya N. Helfand and Jacqueline F. Pivawer | March 31, 2023
If the asset principal is never comingled, it will remain exempt from equitable distribution except; however, income earned off this exempt asset may be considered for calculation of child support or alimony.
The Legal Intelligencer | Commentary
By William L. Tucker | March 30, 2023
With the influx of new residents comes many out-of-state wills drafted under varying state laws. Whether out of state wills are valid under Florida law is a question being addressed in probate matters more and more each year.
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