MAY 26, 2000

Top Site Of The Week: Probate & Trust Law

Book Of The Week: The Truth About Trust's, A Trustee's Survival Guide

 

HEADLINES

ESTATE Q&A Which Should Own My Life Insurance Policy?  An FLP or an ILIT?  As with most estate planning questions, the answer depends on your objectives. HEALTH HAPPENINGS Beer in Moderation Good for the Heart A recent study of Czech men revealed that moderate beer drinking (up to two pints per day) can actually reduce the risk of heart disease. Java Jitters May Prevent Parkinson's Tremors According to a recent study, coffee drinkers have a significantly lower risk of getting Parkinson's disease - in fact, the more caffeine, the better.   MEDI MINUTES Columbia/HCA Reaches Settlement for $745 Million The nation’s largest hospital chain, Columbia/HCA Healthcare Corp., has reached a tentative agreement to pay the federal government $745 million as a partial settlement of a massive billing fraud investigation.

NATIONAL NOTES House Developing Another Estate Tax Phase-Out A new bill being developed by the House Ways and Means Committee would phase out the "death tax" by 2010 while also phasing out the step-up in basis for appreciated assets. OF INTEREST Forbes Best Places of 2000 The best places of 2000. TAX TID-BITS Estate Disputes IRS Use of Post-Death Sale Price to Determine Stock Value An estate has filed a Tax Court petition challenging the IRS’s valuation of stock in a publicly traded company, claiming that the IRS did not follow §20.2031-2(b) and (e).

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