IN THIS ISSUE: Income Tax on Sale of Interest in Trust, Negative Capital Accounts: Reporting and Planning Issues, Final Regs on Life Insurance Transfer for Value Income Taxation, and Blog Posts & Upcoming Events
An explanation of the rigidity and flexibility of different business entities: C corporations, S corporations, partnerships and LLCs by tax experts.
Registration for the 2020 Annual Meeting in Boca Raton, Florida is planned to open on Wednesday, January 22.
What happens when the principal shareholder of an S corporation dies? Solutions are discussed by estate planning experts.
Assets such as life insurance, annuities, pension plans, 401ks and IRAs have beneficiary designation forms as part of the set-up process. ACTEC Fellows explain what you need to know about coordinating beneficiary designations with your overall estate plan.
Are trusts considered marital property? A review of the Levitan v. Rosen and Pfannenstiehl v. Pfannenstiehl cases offer considerations when drafting of marital property provisions in trust documents.
What is the Life Insurance Transfer for Value Rule and how has it been changed following the Tax Reform Act? An expert on the topic explains what you need to know.
Prepared by ACTEC Academic Fellow Gerry W. Beyer
A review of recent asset protection trust court cases - Wacker, Campbell, Cyr and Rensin - and offers the lessons learned from the rulings.
Understand how to minimize the risks and avoid fraudulent transfer rulings with creating self-settled spendthrift trusts.