Top Ten Estate Planning Developments of 2013

Here are Ron Aucutt’s top ten estate planning developments of 2013:

10. Fact-bound valuation cases (Estate of Koons v. Commissioner, T.C. Memo 2013-94)

9.  State will and trust law developments in asset protection, arbitration, in terrorem clauses, and decanting

8.  IRS Rulings opening paths for giving business interests to charity (PLRS 201303021 & 201311035)

7.  Confusion over basis (Van Alen v. Commissioner, T.C. Memo 2013-235)

6.  Modest treasury legislative and administrative guidance goals

5.  “Salegifts” (Estate of Kite v. Commissioner, T.C. Memo 2013-43)

4.  Section 501(c)(4) issues

3.  The 3.8% “Medicare” Tax

2.  Same-sex marriage (Windsor and Perry)

1.  The American Taxpayer Relief Act of 2012

See Ronald D. Aucutt, Ron Aucutt’s “Top Ten” Estate Planning and Estate Tax Development of 2013, Mondaq, Jan. 2, 2014. 

Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.