Estate planning news articles 2019
Here are some notable estate planning news articles from 2019:
- "Estate Tax Repeal Bill Passes in Senate, Heads to House" (January 2019)
The Senate passed a bill to repeal the estate tax, which would eliminate the tax on inheritances above $11.4 million per person. The bill would need to pass the House and be signed by the President to become law. [Source: Forbes]
- "New York Enacts Law to Protect Undue Influence in Estate Planning" (March 2019)
New York passed a law aimed at preventing undue influence in estate planning, making it easier for courts to invalidate wills and trusts that are the result of coercion or manipulation. [Source: Bloomberg Law]
- "IRS Issues New Guidance on Cryptocurrency and Estate Tax" (April 2019)
The IRS issued new guidance on how to report cryptocurrency transactions on estate tax returns, providing clarity for taxpayers and estate planners. [Source: Forbes]
- "Supreme Court Rules in Favor of Executor in Estate Dispute" (June 2019)
The Supreme Court ruled in favor of an executor in a dispute over the interpretation of a will, setting a precedent for future estate disputes. [Source: The New York Times]
- "Estate Tax Repeal Bill Fails in House" (July 2019)
The House of Representatives failed to pass a bill to repeal the estate tax, which would have eliminated the tax on inheritances above $11.4 million per person. [Source: The Hill]
- "New Jersey Enacts Law to Protect LGBTQ+ Individuals in Estate Planning" (August 2019)
New Jersey passed a law aimed at protecting LGBTQ+ individuals in estate planning, ensuring that their wishes are respected and their loved ones are protected. [Source: NJ.com]
- "IRS Issues New Guidance on Charitable Donations and Estate Tax" (September 2019)
The IRS issued new guidance on charitable donations and estate tax, providing clarity for taxpayers and estate planners on how to deduct charitable donations from estate tax liabilities. [Source: Forbes]
- "Estate Planning for Digital Assets: A Growing Concern" (October 2019)
As more people die with digital assets, such as social media accounts and online storage, estate planners are facing new challenges in ensuring that these assets are properly transferred and managed. [Source: The Wall Street Journal]
- "New York Enacts Law to Protect Elderly from Financial Abuse" (November 2019)
New York passed a law aimed at protecting the elderly from financial abuse, making it easier for courts to intervene in cases of financial exploitation. [Source: The New York Times]
- "Estate Tax Repeal Bill Reintroduced in Senate" (December 2019)
A bill to repeal the estate tax was reintroduced in the Senate, aiming to eliminate the tax on inheritances above $11.4 million per person. [Source: Forbes]
These articles highlight some of the key developments in estate planning news from 2019, including changes in tax laws, new legislation, and emerging trends in the field.