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Pennsylvania Now Recognizing Irrevocable Grantor Trusts
For many years, Pennsylvania has been the only state that has not recognized irrevocable trusts as grantor trusts under Internal Revenue Code 671-679. For tax
For many years, Pennsylvania has been the only state that has not recognized irrevocable trusts as grantor trusts under Internal Revenue Code 671-679. For tax
Well, it is officially 2024. Happy New Year! Since 2023 has ended, so has your 2023 tax planning, right? Not necessarily. For trusts and estates
The IRS recently issued a ruling related to the Section 1014 basis step-up, a profoundly important way in which taxpayers deal with estate planning issues.
Last week, the American College of Trust & Estate Counsel (“ACTEC”) filed an amicus brief in Alexander Bittner v. U.S., a Fifth Circuit case that