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Results: 1-10 of 147

Estate planning could be affected by Administration’s budget proposals

  • McGuireWoods LLP
  • -
  • USA
  • -
  • April 12 2013

On Wednesday, April 10, the Obama Administration proposed ambitious spending and revenue changes, as it released its proposed budget for fiscal

Recent cases of interest to fiduciaries

  • McGuireWoods LLP
  • -
  • USA
  • -
  • February 27 2013

In the most recent installment of the McGuireWoods Fiduciary Advisory Services annual multipart series on recent fiduciary cases, developments in the

Estate tax changes past, present and future

  • McGuireWoods LLP
  • -
  • USA
  • -
  • January 14 2013

This outline is a selective and still evolving review of the history of the federal estate tax. It originated in the context of the attempts to repeal

Permanent changes to the estate tax and other tax provisions

  • McGuireWoods LLP
  • -
  • USA
  • -
  • January 2 2013

On New Year's Day, Congress approved the first permanent set of estate, gift, and generation-skipping transfer (GST) tax rates and exemptions in 12 years

Ron Aucutt’s “top ten” estate planning and estate tax developments of 2012

  • McGuireWoods LLP
  • -
  • USA
  • -
  • December 28 2012

As 2012 comes to an end, "Uncertainty" is certainly the operative word for tax professionals. No one knows (as of this date) what the tax laws, including

Estate tax changes past, present and future

  • McGuireWoods LLP
  • -
  • USA
  • -
  • November 30 2012

The changes to the estate, gift, and GST taxes made by the Economic Growth and Tax Relief Reconciliation Act of 2001 (the “2001 Tax Act”) are summarized as follows

The door is closing: taking advantage of the 2010 Tax Act

  • McGuireWoods LLP
  • -
  • USA
  • -
  • October 27 2012

The door is closing on the ability to take advantage of the gift and generation-skipping transfer tax exemptions and reduced gift tax rate made by the 2010 Tax Act

Illinois enacts decanting statute

  • McGuireWoods LLP
  • -
  • USA
  • -
  • September 4 2012

On August 10, 2012, Illinois Governor Quinn signed into law House Bill 4662, which amends the Illinois Trusts and Trustees Act to grant trustees of certain trusts a discretionary power to appoint the principal of one trust to the trustee of a second trust

Illinois enacts directed trusts statute

  • McGuireWoods LLP
  • -
  • USA
  • -
  • August 28 2012

On August 10, 2012, Illinois Governor Quinn signed into law House Bill 4663, which amends the Illinois Trusts and Trustees Act to provide protection for a trustee when acting or not acting pursuant to the directions of a directing party

Jacobson v. Sklaire, 2012 Fla. App. Lexis 6373 (2012)

  • McGuireWoods LLP
  • -
  • USA
  • -
  • July 26 2012

Trustees liable for beneficiary’s legal fees for refusal to make required trust distribution