by Mallory Schowe | Dec 14, 2023
As the new year approaches, we present our annual year-end advisory for 2023. This edition highlights noteworthy estate and gift tax changes in the law and outlines planning opportunities that can be utilized before the end of the year. We also take a moment to...
by Mallory Schowe | Dec 11, 2023
Following up on a prior advisory that we published on “Estate Tax Planning and the Often-Overlooked Power of the ‘Med-Ed Exclusion’” (click here to read), we offer this update and a deeper dive into the gift of medical care that may have meaningful implications on...
by Christine Stackhouse | Dec 7, 2023
Greetings, Court Fans! On Tuesday, the Court issued its first decision of the term: Acheson Hotels, LLC v. Laufer (No. 22-429). This was set to be a significant decision on the standing of so-called “testers”—individuals who file lawsuits against businesses whose...
by Christine Stackhouse | Dec 6, 2023
On December 1, 2023, Partner Jolie Apicella authored the article titled, “Voluntary Self-Disclosure Basics: Whether and How To Use It” for the New York Law Journal. Jolie reviews the Department of Justice’s three declinations since the issuance of the...
by Mallory Schowe | Dec 5, 2023
Each year, the U.S. Internal Revenue Service (“IRS”) announces its annual inflation adjustments for federal estate, gift, and generation-skipping transfer (“GST”) tax. The IRS has announced that the estate and gift tax exemption in 2024 will be $13,610,000 per...
