IRA

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…

As the Federal and state governments impose much more onerous estate and inheritance tax laws, such as Chapter 14 of the Internal Revenue Code, it becomes more difficult, expensive and complex for property owners to arrange for the transfer…

Virtually every person who has "earned income" has qualified plan benefits and these benefits may constitute a significant portion of the property owner's estate. For persons dying before 1985, the Internal Revenue Code provided an…

The Tax Equity and Fiscal Responsibility Act of 1982 ("TEFRA") made many changes to the Internal Revenue Code. This is the first article of a two part series that will address the issues raised by TEFRA as they relate to estate and gift tax…