Proskauer Rose LLP | USA | 16 Nov 2017
As we send this newsletter to press, the House Committee on Ways and Means released its tax reform plan, the Tax Cuts and Jobs Act (the "Act"), and…
Proskauer Rose LLP | USA | 16 Nov 2017
New Jersey passed a law in fall of 2017 which significantly altered its estate tax for the apparent purpose of preventing the exodus of wealthy…
Proskauer Rose LLP | USA | 16 Nov 2017
As of April 1, 2017, the amount of property that could pass free of New York State estate tax rose to $5.25 million. Approximately four years ago, the…
Proskauer Rose LLP | USA | 16 Nov 2017
As we previously reported, the American Taxpayer Relief Act of 2012 (the "Act") made the following permanent: (1) the reunification of the estate and…
Proskauer Rose LLP | USA | 16 Nov 2017
On October 31, 2017 Governor Daniel P. Malloy signed the new Connecticut State Budget which significantly altered Connecticut's estate and gift tax…
Proskauer Rose LLP | USA | 2 Feb 2017
The February § 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs is 2.6%, up 0.2% from January. The February…
Proskauer Rose LLP | USA | 8 Dec 2016
On January 1, 2017, the amount of property that can pass free of New Jersey State estate tax is set to rise to $2 million. On January 1, 2018, the…
Proskauer Rose LLP | USA | 8 Dec 2016
The most successful estate planning techniques pass significant value from one generation to the next by freezing or establishing an appreciating…
Proskauer Rose LLP | USA | 8 Dec 2016
On April 1, 2017, the amount of property that can pass free of New York State estate tax is set to rise to $5.25 million. Approximately three years…
Proskauer Rose LLP | USA | 8 Feb 2016
The February § 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs is 2.2%, which is the same as January’s rate…