by Wiggin and Dana LLP | Sep 15, 2019
On or before December 31, 2009, tax exempt employers who sponsor Code §403(b) retirement plans (sometimes known as tax-sheltered annuity plans or “TSAs”) need to adopt a written plan document for their 403(b) plans. Background. Recently issued final...
by Wiggin and Dana LLP | Sep 15, 2019
The fate of the federal estate, generation-skipping transfer (GST) and gift taxes has been the subject of much discussion in recent months. While most estate planners expected that Congress would act in 2009 to avert the dramatic changes to the tax system which became...
by Wiggin and Dana LLP | Sep 15, 2019
Deadline to Adopt Updated Plan DocumentsPrototype and volume submitter document providers were recently required to update their plan documents to comply with certain tax legislation. Employer adopters of prototype and volume submitter defined contribution plans have...
by Wiggin and Dana LLP | Sep 15, 2019
A rash of lawsuits have recently been filed for alleged damages due to drywall originating from China. As with every new type of class or mass action suit brought by the plaintiffs’ bar, the question always posed is whether this is the next asbestos, a tidal...
by Wiggin and Dana LLP | Sep 15, 2019
The increase in the federal estate, gift and generation-skipping transfer tax exemptions, coupled with the uncertain future (and possible complete repeal) of the transfer tax system, have led many people to believe that estate planning is no longer necessary. Even if...
