Zero-tax Planning


I find myself very fortunate to have worked on some very exciting and complex estate plans. We have great clients with complicated estates, and for a tax-geek like me, it is a lot of fun to be able to put in place complicated trusts and engage in interesting family transactions. This week, I was able […]
Read More

September 2010 AFRs Announced


The rates just keep falling…for the month of September 2010 the Applicable Federal Rates (AFRs) are as follows: For this same period, the Section 7520 Rate will be 2.4%. To go directly to the IRS’ publication, please visit the following website: http://www.irs.gov/pub/irs-drop/rr-10-20.pdf.  
Read More

Defense of Marriage Act Held Unconstitutional in Massachusetts Federal District Court


Two Federal District Court cases held the Defense Of Marriage Act (hereinafter referred to as “DOMA” or the “Act”) to be unconstitutional. One found it violated the Fifth Amendment’s due process clause (Gill v. Office of Personal Management), and the other held that it violated both the Tenth Amendment and the Constitution’s spending clause (Massachusetts […]
Read More

The Importance of Testamentary Capacity


Under Nevada law, N.R.S. 133.020, “every person of sound mind, over the age of 18 years, may, by last will, dispose of all his or her estate.” The creation or amendment of a Will or other testamentary document involves mental and emotional decisions that oftentimes affect the people nearest to the testator, including family members […]
Read More