Estates & Trust Planning: The National Law Review

The TCJA (Tax Cuts Job Act) which was passed in 2017 greatly impacted tax law, and general estates and trusts for individuals which plan on devising property, money, or other possessions to loved ones. Estate planning and devising a trust are areas of the law which are highly regulated by regulatory law, tax law, and family law. Visitors to the National Law Review will learn about the latest developments in tax law, family law, and estate and trust law, and how these fields come together, as well as reading legal analysis on devising a legal trust, will, or estate plan.

The transfer of assets in anticipation of death has been greatly impacted by the new tax laws, allowing the trustor to redistribute assets and property, without major tax implications for themselves, or the receiving party. Visitors will learn about these developments, and other relevant news and stories relating to estate planning, probate planning, and litigation in this area of law. Additionally, the National Law Review features articles on how family businesses can create a succession plan and otherwise plan for the future, as well as information on specialized circumstances like creating a will or a trust for a family member with special needs.

Hot issues including will contests, business succession planning, creating a charitable trust, durable powers of attorney, creating revocable and irrevocable trusts, generation-skipping transfer tax (GST), estate taxes, and the distribution of trust assets, are among the many stories covered for visitors on the National Law Review. Further, details about gift taxes, federal taxes, and other taxes which may arise under the American Taxpayer Relief Act, are also covered by the National Law Review. Any IRS details and areas of estate planning and probate which might be covered under the Internal Revenue Code (IRC), are also topics visitors can read about on the website.

Date	Title	Organization
15 Jan	2021 Biden Plan Estate Planning Advisory	Katten
15 Jan	United States Supreme Court Resolves Circuit Split in Creditors’ Favor	Womble Bond Dickinson (US) LLP
14 Jan	Dutch Labor, Employment, and Pensions Update	Greenberg Traurig, LLP
14 Jan	Court Holds That Holographic Will Was Not Valid As There Was No Signature	Winstead
14 Jan	Social Security News: Stimulus and COLA	Norris McLaughlin P.A.
11 Jan	What Guardians Should Know About COVID and the COVID-19 Vaccine	Norris McLaughlin P.A.
8 Jan	Wealth Management Update January 2021	Proskauer Rose LLP
7 Jan	New Executive Order May Restrict Transactions Involving Chinese Online Payment Apps and Their App Providers	Faegre Drinker
4 Jan	Court Held That The Term “Spouse” In A Trust Meant The Primary Beneficiary’s Wife At The Time Of The Trust’s Execution And Not A Subsequent Wife	Winstead
4 Jan	Court Reverses Turnover Order That Disregarded A Trust Where The Trustee Was Not A Party To The Proceeding	Winstead
30 Dec	IRS Extends Temporary Relief from “Physical Presence” Requirement for Certain Retirement Plan Elections	Faegre Drinker
29 Dec	Estate Planning Resolutions for 2021	Ward and Smith, P.A.
21 Dec	Five reasons to advance your gifting goals now	Godfrey & Kahn S.C.
7 Dec	Court Holds That A Trustee Had The Power To Sell Trust Property To An Affiliate, Though Such An Act May Be In Breach Of A Duty	Winstead
7 Dec	Use Of Equitable Defenses In Breach Of Fiduciary Duty Litigation	Winstead
4 Dec	Wealth Management Update: December 2020	Proskauer Rose LLP
2 Dec	Challenging a Codicil to a Will	Stark & Stark
25 Nov	Court Affirmed Finding That An Applicant Was Not Equitably Adopted Where There Was No Evidence Of An Agreement To Adopt The Applicant	Winstead
25 Nov	Individual Tax Planning Following the November 2020 Elections	Davis\|Kuelthau, s.c.
25 Nov	California Property Tax Changes to Parent-Child Exclusion	Sheppard, Mullin, Richter & Hampton LLP
24 Nov	2020 Year-End Estate Planning Advisory	Katten
19 Nov	Court Addresses Claims Against A Trustee Arising From The Management Of A Limited Partnership Interest	Winstead
18 Nov	Estate Tax Planning and the Often-Overlooked Power of the “Med-Ed Exclusion”	Wiggin and Dana LLP
17 Nov	2020 Year-End Estate Planning: Planning in a Time of Uncertainty	Much Shelist, P.C.
16 Nov	FINRA Limits Registered Persons from being Beneficiaries or Holding Positions of Trust	Mintz
13 Nov	Post-election Estate Planning	K&L Gates
12 Nov	Governor Whitmer Signs Legislation Ratifying Remotely Witnessed, Notarized, and Signed Documents Through End of 2020	Varnum LLP
2 Nov	Court Affirms That Children Cannot Sue on Behalf of a Parent Solely by Virtue of Being the Parent’s Child	Norris McLaughlin P.A.
2 Nov	Court Reverses Receivership Order In Partnership Dispute Because The Probate Court Did Not Have Jurisdiction To Enter A Rehabilitative Receivership	Winstead
2 Nov	Estate Planning Strategies: IRS Applicable Federal and 7520 Interest Rates Lowered	Norris McLaughlin P.A.
2 Nov	Court Dismissed Appeal By Pro Se Individual Who Could Not Represent An Estate	Winstead
30 Oct	Retirement Security Offers a Ray of Sunshine for Bipartisanship, Though the Outlook for Social Security Reform Seems Cloudier	K&L Gates
29 Oct	Pension Reform? Presidential Memorandum Focuses Attention on Failing Pension Systems	Jackson Lewis P.C.
23 Oct	Court Affirmed Finding That Testator Had Capacity To Execute A Will, Was Not Unduly Influenced, And That The Appointment of Co-Executors Was Appropriate	Winstead
22 Oct	Family Business Succession Planning in the Era of Tax Uncertainty Use Available Tax Advantages or Perhaps Lose Them	Davis\|Kuelthau, s.c.
21 Oct	When Will I Get My Inheritance?	Stark & Stark
20 Oct	Potential Estate Planning Implications of 2020 Election Results	Winstead
19 Oct	Family Gift Planning — Perhaps the Best Time Is Now	Mintz
15 Oct	Asserting Reliance on Compliance Consultants as a Defense: Admissibility and Effectiveness	Proskauer Rose LLP
13 Oct	CMA Order: Three Ways to Avoid Starting 2021 With a Fine!	Squire Patton Boggs (US) LLP
9 Oct	Ten Estate Planning Tips as We Emerge from a Pandemic and Head into a Presidential Election	Sills Cummis & Gross P.C.
8 Oct	Court Had Jurisdiction To Declare That The Majority Of Co-Trustees Had The Authority To Sell Trust Property And The Declaration Was Proper	Winstead
6 Oct	Estate Planning and the 2020 Election	Wiggin and Dana LLP
6 Oct	Top Ten Estate Planning Recommendations before the End of 2020	Proskauer Rose LLP
6 Oct	Making Gifts	Wiggin and Dana LLP
6 Oct	Sales to Grantor Trusts	Wiggin and Dana LLP
6 Oct	SLATs—Spousal Lifetime Access Trusts	Wiggin and Dana LLP
6 Oct	Intrafamily Loans: October Updates	Wiggin and Dana LLP
5 Oct	Wealth Management Update October 2020	Proskauer Rose LLP
5 Oct	California Governor Signs "Wacky" Successor Liability Bill Into Law	Allen Matkins Leck Gamble Mallory & Natsis LLP