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Professor Mitchell M. Gans 40 posts 0 comments

Professor Mitchell M. Gans is the Steven A. Horowitz distinguished professor in taxation at Hofstra University School of Law, and an Adjunct Professor of Law at NYU Law School. He is an Academic Fellow at ACTEC and is the Academic Editor of the ACTEC Journal. Professor Gans is a leading scholar in the estate-and-gift tax area, teaching courses for the IRS on estate and gift tax and valuation methodology. He is a frequent lecturer for ALI-ABA, NYU, ACTEC, the ABA and other groups and has written numerous articles on estate tax planning topics, including a recent Leimberg Information Services article, co-authored with Jonathan Blattmachr, on the Proposed Section 2704 Regulations.

Hot Topics

Family Entities, 2036, and Powell

Professor Mitchell M. Gans Nov 3, 2017
In this webinar, the panelists will analyze the Powell case and provide their insight on how it may impact estate planners advising existing family entities.
Hot Topics

IRC 2704 Regulation Changes

Professor Mitchell M. Gans Aug 26, 2016
This webinar, jointly presented by Interactive Legal and Peak Trust Company, by Jonathan G. Blattmachr and Mitchell M. Gans, will discuss the proposed Section 2704 regulations issued earlier this month.
Legal Knowledgebase

Davidson v. Deloitte: The Davidson Estate Sues Deloitte Over SCIN in GRAT Strategy

Professor Mitchell M. Gans Oct 7, 2015
Originally published as LISI Estate Planning Newsletter #2353 (October 7, 2015) at http://www.leimbergservices.com.This article discusses a suit by the Estate of William Davidson against Deloitte Tax, LLP for damages allegedly caused in…
Hot Topics

SLATs and the Facts

Professor Mitchell M. Gans Apr 2, 2015
This presentation will go through the “ok’s” and “not ok’s” of trusts created for other family members including a spouse and minor children.
Legal Knowledgebase

Jonathan G. Blattmachr & Mitchell Gans on the Davidson Estate

Professor Mitchell M. Gans Aug 28, 2013
Originally published as LISI Estate Planning Newsletter #2135 (August 28, 2013) at http://www.LeimbergServices.com. his article discusses the IRS proposed deficiencies against the estate of William M. Davidson.
Legal Knowledgebase

IRS Rules Self-Settled Alaska Trust Will not be in Grantor’s Estate

Professor Mitchell M. Gans Jan 15, 2010
Until 1997, it appeared that, under the law of all American states, any trust an individual created or "settled" for himself or herself (a so-called self-settled trust) was permanently subject to the claims of creditors of the grantor…
Legal Knowledgebase

A Beneficiary as Trust Owner: Decoding Section 678

Professor Mitchell M. Gans May 15, 2009
As a general rule, a trust is a taxpayer separate and independent of its grantor and its beneficiaries and is taxed in the same manner as an individual. There are, however, certain special rules and limitations to this taxing regime. One…
Legal Knowledgebase

413 Estate Tax Exemption Portability: What Should the IRS Do?

Professor Mitchell M. Gans May 15, 2008
The estate tax exemption is not portable. As a result, if one spouse dies without having used the exemption, it disappears, and the surviving spouse cannot use the deceased spouse's exemption. While portability legislation has been…
Legal Knowledgebase

Proposed Tax Return Preparer Penalty Regulations: A Comparison with Existing Guidance

Professor Mitchell M. Gans May 15, 2008
This article considers newly issued proposed regulations under section 6694 of the Internal Revenue Code, which imposes tax return preparer penalties. The article discusses new rules and differences from existing authority concerning such…
Legal Knowledgebase

Some Guidance from the Final Regulations on Estate Tax Inclusion for GRATs, CRTs, and QPRTs

Professor Mitchell M. Gans May 15, 2008
In June 2008, the Treasury Department adopted certain final regulations with respect to the application of Code Sec. 2036(a)(1) and 2039 to so-called “grantor retained interest trusts,” which include grantor retained income trusts…
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