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Windsor v. United States, 2d Cir. no. 12-2335-CV(l) (10182012)
- Proskauer Rose LLP
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- USA
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- December 7 2012
The U.S. Court of Appeals for the Second Circuit held that Section 3 of the Defense of Marriage Act ("DOMA") is unconstitutional because it violates equal protection
Hastings v. PNC Bank NA, Md. No. 109 (09272012)
- Proskauer Rose LLP
- -
- USA
- -
- November 15 2012
The Maryland Court of Appeals holds for PNC in a suit by the beneficiaries of a testamentary trust created under the will of a Maryland resident where the beneficiaries claimed that PNC breached its fiduciary duty in requiring them to sign a release agreement arguably too favorable to PNC before distributing assets to them
IRS issues final Form 8938
- Proskauer Rose LLP
- -
- USA
- -
- February 2 2012
Treasury has issued a final Form 8938, which certain taxpayers will need to file in 2012 for the 2011 tax year
New York legislature to consider new uniform trust code
- Proskauer Rose LLP
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- USA
- -
- February 2 2012
A new uniform trust code will be submitted to the New York state legislature for its consideration
New York State changes personal income tax rates
- Proskauer Rose LLP
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- USA
- -
- February 2 2012
New York has modified the personal income tax rate schedule for tax years 2012 through 2014
Tannen v. Tannen
- Proskauer Rose LLP
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- USA
- -
- February 2 2012
The Supreme Court of New Jersey affirmed the Appellate Division's holding that, for purposes of determining alimony, it was not appropriate to impute income to a wife based on her beneficial interest in an irrevocable trust created and funded by her parents
Year-end planning strategies
- Proskauer Rose LLP
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- USA
- -
- December 15 2011
We have experienced yet another year of financial instability, both here and across the shores, which continues to engender some degree of anxiety among our clients
Use it or lose it - increased gift and GST exemption amounts expire on 123112
- Proskauer Rose LLP
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- USA
- -
- September 1 2011
On December 17, 2010, the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the "2010 Act") was signed into law, making significant modifications to the estate, gift and generation-skipping transfer ("GST") taxes
Intra-family loans: a simple yet effective estate planning tool
- Proskauer Rose LLP
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- USA
- -
- September 1 2011
An intra-family loan is a basic estate-planning technique which has a very low transaction cost
Court finds Tax Court erred when it apportioned entire value of a Manhattan brownstone to a decedent’s estate when decedent transferred 49 of the property to her son a few years before
- Proskauer Rose LLP
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- USA
- -
- November 5 2010
In this case the higher court reversed a lower court's inclusion of the entire value of a real property in the Decedent's estate when the decedent had transferred a portion of the property to her son during her life
