Category Archives: News

Recent Tax News

Modifying or “Decanting” Irrevocable Trusts: New York’s Decanting Statute Annotated

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Tax and Legal Issues Arising In Connection With the Preparation of the Federal Gift Tax Return, Form 709 — Treatise

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Elements of New York Tax Fraud

   Introduction.  Preparers of New York State corporate, income, employment and sales tax returns should be aware of strict criminal penalties that await their clients, and should also be aware that in extreme cases, tax professionals themselves could theoretically be … Continue reading

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Tax News & Comment — May 2013

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APPEALING A DETERMINATION OF THE TAX APPEALS TRIBUNAL

Originally posted on Law Offices of David L. Silverman, J.D., LL.M.:
Take Our Poll To view searchable, formatted PDF document, press here:  Appealing a Determination of the Tax Appeals Tribunal.wpd The Tax Appeals tribunal sits as the final…

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Defeating The Right of Election in EPTL § 5-1.1-A

Originally posted on Law Offices of David L. Silverman, J.D., LL.M.:
To view formatted, searchable PDF document, press here: Defeating the Right of Election in EPTL 5-1.1-A.wpd Under Estates, Powers & Trusts Law (EPTL) § 5-1.1-A, a surviving…

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Trust May Compliment Prenuptial Agreement

Originally posted on Law Offices of David L. Silverman, J.D., LL.M.:
For formatted, searchable, printer-friendly version, press here: Trust May Compliment Prenuptial Agreement.wpd The prenuptial agreement effectively protects against the vagaries of marital dissolution. However, even a well-drafted…

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AVOIDING CHALLENGES TO TESTAMENTARY INSTRUMENTS

Originally posted on Law Offices of David L. Silverman, J.D., LL.M.:
For formatted, searchable, printer-friendly version, press here: Avoiding Challenges to Testamentary Instruments.BK! Protracted legal proceedings by disgruntled descendants and relatives asserting lack of testamentary capacity or undue…

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Attorney-Client Privilege in Tax Disputes

Originally posted on Law Offices of David L. Silverman, J.D., LL.M.:
The attorney-client privilege protects confidential communications between attorneys and clients. The privilege extends to an accountant hired by an attorney to assist in understanding the client’s financial…

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Tax and Legal Issues Arising In Connection With the Preparation of the Federal Gift Tax Return, Form 709 — Treatise

Originally posted on Law Offices of David L. Silverman, J.D., LL.M.:
PDF: Legal and Tax Issues, Preparation of Federal Gift Tax Return, Form 709 Tax and Legal Issues Arising in Connection With The Preparation of the Federal Gift…

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Like Kind Exchanges of Real Estate Under IRC Section 1031 — Treatise

Originally posted on Law Offices of David L. Silverman, J.D., LL.M.:
PDF: 2013 Like Kind Exchanges of Real Estate Revised Edition PDF: Like Kind Exchanges of Real Estate — Treatise (January 7, 2011) © 2011 David L. Silverman,…

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Post Mortem Estate & Income Tax Planning

Originally posted on Law Offices of David L. Silverman, J.D., LL.M.:
View outline: Post Mortem Estate & Income Tax Planning Post Mortem Estate and Income Tax Planning Outline Post Mortem Estate & Income Tax Planning © 2011 David…

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Income Tax Planning for New York Trusts

Originally posted on Law Offices of David L. Silverman, J.D., LL.M.:
View PDF of Article in Tax News & Comment — October 2012 INCOME TAX PLANNING FOR NEW YORK TRUSTS I.    Taxation of Resident Trusts “Resident” New York…

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Use of Disclaimers in Pre and Post-Mortem Estate Planning

Originally posted on Law Offices of David L. Silverman, J.D., LL.M.:
For formatted, searchable PDF document, press here: Use of Disclaimers in Pre and Post-Mortem Estate Planning.wpd Introduction Disclaimers can be extremely useful in estate planning. A person…

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Postcard

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