Legal Updates & Commentary for Tax & Estate Planning
Make sure you check out Part I before reading below…
The Bigger Picture
In addition to the SCIN-specific issues, the complaint touches on a number of themes of which every estate-planning adviser – and every client – should be aware.
The Facts Matter
An adviser should assume that the IRS will scrutinize the estate plan…
What would you do?
The decedent was an extremely wealthy man, with a net worth in excess of $3 billion. You are the executor of his estate.
Prior to his death in 2009, he retained one of the top tax firms in the country to review his existing estate plan.
Under his existing plan, which…
Davidson was dead to begin with. Dead as a door-nail. His death did not come as a great surprise, at least to some, though few (other than the IRS) expected him to go as quickly as he did. And that was the root of the problem. But I don’t want to get ahead of myself.…
