From David T. Leibell and Daniel L. Daniels of Cummings & Lockwood, LLC, Stamford, Conn., we have this update: IRS approves disclaimer of residuary estate to private foundation. In Private Letter Ruling 200519042 (released May 13), the Service...
Why is it that so many secretaries and mid-level employees believe the estate tax should be permanently repealed? How is it that the gay and lesbian community favor repeal? Why did the congressional black caucus hold a press conference denouncing...
Pundits are warning that when the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPA) goes into effect this fall (Oct. 17 for most provisions), its clauses on homestead exemptions, pensions and self-settled asset protection...
Modern life creates some distasteful situations. Marriages fail. Wealthy clients want to cut off estranged wives and husbands. Or there's a remarriage and a desire to leave more to the children than to the second wife. Or, a surviving spouse's...