Tag Archives: estate tax

Tax Consequences of DOMA Decision

02 Jul

As everyone knows by now, last week the US Supreme Court ruled on the constitutionality of the Defense of Marriage Act (DOMA).  In a landmark decision, the Supreme Court struck down DOMA, holding that the Federal government cannot bar States from recognizing same sex marriage.  While there were many implications stemming from this decision, one […]

What’s Left Unaddressed in 2013 – Part 2

22 Feb

In the last post I discussed how some estate planning tools continue to be beneficial to certain individuals for the reason that they were not addressed, or more appropriately not restricted nor eliminated, in the American Taxpayer Relief Act.  The first post of this series was about grantor retained annuity trusts (GRATs), which are a […]

What’s Left Unaddressed in 2013 – Part 1

25 Jan

With the passage of the American Taxpayer Relief Act, much of the focus has been spent digesting and discussing the estate and gift tax items that were made permanent by their inclusion in the Act.  What has gotten less attention are the estate planning issues that were not addressed in the Act despite rumors of […]

Estate and Gift Tax Escapes the Fiscal Cliff

04 Jan

After months of uncertainty and debate about what changes would be made to the Federal estate and gift tax (transfer tax), the newly minted American Taxpayer Relief Act (the “Act”) has provided answers that many were anxiously awaiting.  While many believed the estate and gift tax landscape would undergo significant change from the taxpayer-friendly laws […]