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Newsletter
August 2025 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split-Interest Charitable Trusts
One Big Beautiful Bill Act Signed into Law
PLR 202526004 allows a late ESBT election for a trust that failed to file one, curing an LLC's S election
Colin Markes and Sharon Hart- Corrigan v. Estate of Keith Albert Markes, et al., No. 4D2024-2101 (Fla. 4th DCA 2025)
Jacquelyn Adelson v. Jodi Kalter, etc., No. 3D24-0337 (Fla. 3d DCA 2025)
O'Connor v. Commissioner, T.C. Memo 2025-42
August 2025
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Newsletter
July AFRs and 7520 Rate
One Big Beautiful Bill Act: Tax Credits for School Choice Scholarship Program
In re Herbert Irrevocable Family Trust, No.367338, slip op. (Mich. Ct. App. Apr. 30, 2025)
In re Sherrod Estate, No.369863, Slip Op. (Mich. Ct. App. March 18, 2025)
Estate of Spizzirri v. Commissioner, No. 23-14049 (11th Cir. 2025)
Estate of Griffin v. Commissioner, T.C. Memo. 2025-47, No.15938-23
Layton v. Layton, 2025 PA Super 111
In re Estate of Mueller, No. 127,532, 2925 BL 195526 (Kan. App. June 6, 2025)
July 2025
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Newsletter
June 2025 AFRs and 7520 Rate
IRS Notice 2025-23
Pierce v. Commissioner, T.C. Memo 2025-29
WT Art Partnership LP v. Commissioner, T.C. Memo 2025-30
Nosirrah Management, LLC v. AutoZone, Inc., Case No. 2:24-cv-2167 (W.D. Tenn. Apr. 14, 2025)
Carlson v. Colangelo, 2025 N.Y. Slip Op. 02264 (N.Y. Ct. App. Apr. 17, 2025)
Monsalvo Velázquez v. Bondi, 604 U.S. ___ (2025)
In the matter of the CES 2007 Trust, C.A. No. 2023-0925-SEM
June 2025
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Newsletter
May 2025 AFRs and 7520 Rate
Estate of Kalikow v. Comm'r, 2025 WL 686037 (2nd Cir., March 4, 2025)
Estate of Galli v. Comm'r, Tax Ct. Dkt. Nos.: 7003-20, 7005-20
PLR 202509010
May 2025
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Newsletter
April 2025 AFRs and 7520 Rate
J.M. v. G.V., 225 N.Y.S.3d 859 (N.Y. Sup. Ct. 2025): Maintenance Calculations May Need To Be Included in New York Prenuptial Agreements
Key Questions to Answer in Determining How IRS Disaster Relief Will Affect a Given Taxpayer or Deadline
PLR 202506004: Mixed Charitable and Non-Charitable Application of Retirement Accounts Provides Opportunities and Pitfalls with New PLR Reasoning
April 2025
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Newsletter
March 2025 AFRs and 7520 Rate
Seabrook Property, LLC v. Commissioner (TC Memo 2025-6)
IRS Announcement 2025-2
Private Letter Ruling 202504007 (January 31, 2025)
Chief Counsel Memorandum 202504014
March 2025
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Newsletter
February 2025 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts
Nosirrah Management, LLC v. AutoZone, Inc., (W.D. Tenn. November 15, 2024)
In the Matter of the Petition of Richard S. Myers and Erin Langan (N.Y. Div. of Tax Appeals, ALJ)
Udell v. Udell (Fla. 4th DCA 2024)
February 2025
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Newsletter
January 2025 AFRs and 7520 Rate
In re Estate of Jesse L. Beck, 557 P.3d 1255 (Mont. Oct. 29, 2024) – Montana Supreme Court Holds That a Cell Phone Video Cannot Be Admitted to Probate
Memorial Hermann Accountable Care Organization v. Commissioner, 120 f.4th 215 (5th Cir. Oct. 28, 2024) – Fifth Circuit Does Not Apply Treasury Regulation, Illustrating the Effects of the Loper Bright Decision
In Re James A. Reed Trust, No. 366701 (Mich. CT. App. Nov. 14, 2024) – Michigan Court of Appeals Reforms Trust to Comport With the Settlor’s Intent
IQ Holdings, Inc. v. Commissioner, t.c. Memo. 2024-104 (Tax CT. Nov. 7, 2024) – Tax Court Disallows Charitable Deduction Due to Lack of Contemporaneous Written Acknowledgment
In Re Estate of William F. McLoughlin, 104 Mass. App. CT. 752 (App. CT. Sept. 30, 2024) – Massachusetts Appeals Court Finds That Providing an Affidavit in Support of an Action Contesting a Will Did Not Violate the Will’s in Terrorem Clause
Godoy v. Linzner, 106 cal.app.5th 765 (CT. App. Nov. 13, 2024) – California Court of Appeal Invalidates Amendment to Trust as a Restraint on Alienation
Will of Richard Feigen, No. 2021-1075 (N.Y. Sur. Ct. Westchester Cnty. Nov. 29, 2024) – Westchester County Surrogate's Court disqualifies attorney and law firm under the Advocate-Witness Rule
January 2025
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Newsletter
December 2024 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split-Interest Charitable Trusts
Estate of Becker v. Commissioner of Internal Revenue, T.C. Memo 2024-89 (September 24, 2024)
Haan v. Haan, No. 364875 (Mich. Ct. App. Oct. 7, 2024)
IRS Postpones Deadline for States Impacted by Hurricanes
Florida Amendment 5 – Annual Inflation Adjustment for Homestead Exemption
Final Regulations on Consistent-Basis and Basis Reporting Issued
Lull v. Clark (In re Philpot Est.), No. 365107 (Mich. Ct. App. October 11, 2024)
December 2024
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Newsletter
November 2024 AFRs and 7520 Rate
Inflation Adjustments for 2025 & Planning Considerations
Delaware "Beneficiary Well-Being Trust"
Practice Considerations – Implications for Estate Planning
Estate of Williams: Omission of a Testator’s Other Known Children Demonstrated His Intent to Exclude All Preexisting Children, Known or Unknown
Estate of Nowell v. Commissioner: Fractional Interest Discount Planning with QTIPS
McDougall v. Commissioner: Termination of QTIP Trust Results in Gift Tax Liability to Remainder Beneficiaries
Estate of Fields v. Commissioner: Inclusion of Transferred Assets under § 2036(a)
November 2024