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Results: 11-20 of 28

2009 year-end estate planning advisory

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • December 3 2009

The year 2009 was marked by many changes affecting estate planning and related areas on the local, national and international levels, against a backdrop of continuing uncertainty as to howor ifthe federal estate and gift tax applicable exclusion amounts and rates may change for 2010

2010 revisions to New York power of attorney statute take effect September 12

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • August 24 2010

New York has further amended its power of attorney statute to address some of the issues caused by the sweeping changes made to the statute, which went into effect on September 1, 2009

2010 year-end estate planning advisory

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • November 24 2010

This year has been notable particularly for its absence of federal estate and generation-skipping transfer (GST) taxes, as well as uncertainty as to what will happen with the federal transfer tax regime in 2011

New FBAR Guidance and Proposed Regulations Issued

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • March 4 2010

The IRS recently issued important guidance (Notice 2010-23 and Announcement 2010-16) concerning the FBAR filing requirements for individuals and fund managers

Treasury, IRS issue proposed regulations and guidance addressing FBAR reporting requirements for retirement plans

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • March 5 2010

At the end of February, the Financial Crimes Enforcement Network (FinCEN) bureau of the U.S. Department of the Treasury issued proposed amendments to the Bank Secrecy Act regulations governing Reports of Foreign Bank and Financial Accounts, commonly referred to as “FBAR.”

2010 estate tax planning strategiesonce-in-a-lifetime opportunities vs. potential traps for the unwary

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • September 21 2010

As of the date of this Advisory, Congress has yet to make any changes to the 2010 gift, estate or generation-skipping transfer (GST) tax laws

New HIRE Act will impact foreign investment vehicles

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • March 24 2010

On March 18, President Obama signed the Hiring Incentives to Restore Employment Act (the "Act"

IRS extends FBAR filing date

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • August 12 2009

On August 7, 2009, the IRS issued Notice 2009-62, extending the deadline for the following two categories of U.S. persons to file the Report of Foreign Bank and Financial Accounts (FBAR) for 2008 and prior years to June 30, 2010

Hooray, there's no estate tax: now what do I do?

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • January 7 2010

As we previously reported in both our 2009 Year-End Estate Planning Advisory and our December 23 Client Advisory Possible One-Year Elimination of Estate and Generation-Skipping Transfer Tax in 2010: Going, Going, Gone?, the federal estate and generation-skipping transfer ("GST") taxes are in a tremendous state of flux, having been set to expire on January 1

Extension and new guidance for the voluntary disclosure initiative for undisclosed foreign assets

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • June 10 2011

On June 2, 2011, the IRS provided additional guidance regarding its 2011 offshore voluntary disclosure initiative (OVDI) in the form of revised frequently asked questions (FAQs