Madeline J. Rivlin Esq 5 posts 0 comments

Unless falling under an exception, exclusion or special rule, a generation-skipping transfer tax is imposed by IRC §2601 whenever property is transferred through or around one younger generation (such as the generation of the transferor's…

Regardless of the motive for making a charitable contribution or bequest, an individual should be aware of the tax effects of the transfer. Failure carefully to consider those effects may not only result in the loss of an income tax…

Before the enactment of I.R.C. §2036(c) by the Rev­enue Act of 1987, transactions were often undertaken in order to stabilize or "freeze" the value of certain assets, for wealth transfer tax purposes, in the hands of older family members,…

Demographers contend that more than one-half of all marriages in America will end by divorce rather than by death. As a consequence, practitioners often are required to undertake estate planning for a property owner who is in a second or…

At the very end of August. the Internal Revenue Service promulgated its long awaited notice about I.R.C. § 2036(c), the so-called estate tax "freeze” provision. Notice 89-99, I.R.B. 1989-39, 4. This article will provide some background…