Add to ORKGIt appears that Heasty v. United States has eliminated the previous uncertain estate tax consequences of severing jointly owned property. In Heasty the Tenth Circuit has aligned itself with the Seventh and Ninth Circuits and firmly reinforced the refusal of the courts to adopt an estate tax construction of interest as taxed by either section 2035 or section 2036 in severed joint ownership situations. Thus, in the absence of an amendment to the federal estate tax statutes, it appears that estate planners may continue with confidence to advise severance of jointly held property
The decedent was a beneficiary of a trust established by his father and of two other trusts created ...
In 1929 the decedent established a trust, reserving a life estate in the income. On the termination ...
The Sixth Circuit, in National City Bank v. United States, held that the possession by the decedent ...
It appears that Heasty v. United States has eliminated the previous uncertain estate tax consequence...
The recent decision by the Supreme Court in United States v. Jacobs deals with the troublesome issue...
For many years, attorneys and estate planners have been cautious of joint tenancies where substantia...
The manifest reluctance in recent years on the part of the Supreme Court to declare any provision of...
Section 2036(a) hauls back into a decedent’s gross estate, for federal estate tax purposes, property...
As is to be expected, many individuals desire to avoid the inclusion of all their property in their ...
With the enactment of the Economic Recovery Tax Act of 1981, Congress has for the third time since 1...
Decedent, an attorney, in 1925, at the age of sixty-nine, established two spendthrift trusts-one for...
An inter vivas trust created by testator and property held jointly with his wife were included in hi...
This comment will examine the foregoing problem in light of several recent cases which have cast dou...
Decedent, a Texas resident, provided that if his wife elected to take under his will she would recei...
It took nearly a decade, but the Internal Revenue Service has finally acknowledged the line of cases...
The decedent was a beneficiary of a trust established by his father and of two other trusts created ...
In 1929 the decedent established a trust, reserving a life estate in the income. On the termination ...
The Sixth Circuit, in National City Bank v. United States, held that the possession by the decedent ...
It appears that Heasty v. United States has eliminated the previous uncertain estate tax consequence...
The recent decision by the Supreme Court in United States v. Jacobs deals with the troublesome issue...
For many years, attorneys and estate planners have been cautious of joint tenancies where substantia...
The manifest reluctance in recent years on the part of the Supreme Court to declare any provision of...
Section 2036(a) hauls back into a decedent’s gross estate, for federal estate tax purposes, property...
As is to be expected, many individuals desire to avoid the inclusion of all their property in their ...
With the enactment of the Economic Recovery Tax Act of 1981, Congress has for the third time since 1...
Decedent, an attorney, in 1925, at the age of sixty-nine, established two spendthrift trusts-one for...
An inter vivas trust created by testator and property held jointly with his wife were included in hi...
This comment will examine the foregoing problem in light of several recent cases which have cast dou...
Decedent, a Texas resident, provided that if his wife elected to take under his will she would recei...
It took nearly a decade, but the Internal Revenue Service has finally acknowledged the line of cases...
The decedent was a beneficiary of a trust established by his father and of two other trusts created ...
In 1929 the decedent established a trust, reserving a life estate in the income. On the termination ...
The Sixth Circuit, in National City Bank v. United States, held that the possession by the decedent ...