HEADLINES
|
HEADLINES
ESTATE TALK
IRS Will Not Acquiesce
in 8th Circuit GST Tax Ruling
On October 22, 1986, the
Tax Reform Act of 1986 (TRA '86) instituted the generation-skipping transfer
(GST) tax, which applied to all transfers-with some exceptions-taking place
after that date.
HEALTH HAPPENINGS
Vitamin C May Be Bad for Cancer Patients
According
to new research, cancer patients who take large amounts of vitamin C may
actually inadvertently protect the cancer from treatments like radiation
and chemotherapy.
LEGAL LINES
Attorney-in-fact's Unauthorized Gifts Must Be
Included in Decedent's Estate
The powers of an attorney-in-fact
are usually tailored to fulfill specific purposes, such as settling claims,
conducting day-to-day financial transactions, or gifting property.
NATIONAL NOTES
Congress Votes to Repeal
S.S. Earnings Limit
After three decades of similar legislation,
the House and Senate have both passed a bill to repeal the Social Security
earnings limit that has been in place since the Depression. |
Book Of
The
Week
The
Concept of Law
"One of the most important books written in the field of jurisprudence
and legal philosophy. A must-read for anyone who wants to talk intelligently
about the topic."
MORE
HEADLINES
OF INTEREST
IRS Issues Guidance for Safe Harbor 401(k)
Plans
The IRS has issued guidance
that will encourage employers to offer safe harbor 401(k) plans.
RESOURCE CORNER
Which Treatment is Best?
The Agency for Healthcare
Research and Quality has released a new resource to help patients find
and use reliable health care information to evaluate treatment options.
TAX TID-BITS
Don't Be a Statistic! Watch Out for These
Common Errors
According to the IRS, the
six most common errors taxpayers make on their income tax returns are.... |
MARCH
31, 2000
ESTATE,
TAX & ELDER LAW PORTAL
