The American College of Trust and Estate Counsel
By Ronald D. Aucutt, Bessemer Trust
Past President Ronald D. Aucutt offers unique insights into the legislative process behind estate tax reform and related transfer tax deliberations of the United States Congress and administrative developments at the Treasury and IRS.
ACTEC Fellows offer best practice advice, insights, and commentary on T&E topics in this weekly podcast for wealth planning professionals.
SEARCH THE PODCAST LIBRARYTreasury’s “Greenbook” gets attention by proposing broad changes to the estate tax treatment of grantor trusts.
Form 8939, involving carryover basis and the GST exemption, is due January 17, and a few unexpected quirks warrant last minute reminders and warnings.
An extra base hit of carryover basis guidance dominated August, although it was not quite a home run. But a couple of GST tax issues made it home, and portability is on deck.
Do the debt ceiling and estate tax have anything in common?
The estate tax plays a featured role in unprecedented political theater.
Congress is back in session for another year-end push, and most estate planners are keenly anticipating… nothing at all.
Deferrals and distractions in administrative guidance under the 2009-2010 Treasury-IRS Priority Guidance Plan are undoubtedly related to the current legislative quandary.
The imposition of a ten-year minimum term on GRATs takes a possible step toward enactment, promising to change, but not stop, the creative use of GRATs.
While Republican and Democratic leaders alike have wrestled with estate tax stability, the solution may be so easy it’s impossible.
Fifteen of seventeen items are repeats from last year or projects that are already completed.