Guardian of estate of incapacitated person, who had previously been granted the power to pay nursing home costs from principal and who had been authorized to sell real estate, did not have power to consent to judgments against the ward; … Continue reading
Daniel Evans
The Superior Court has affirmed the removal of an executor for a conflict of interest when the executor had made loans to herself under a power of attorney during the decedent’s lifetime and was a major debtor of the estate. … Continue reading
Westmoreland County has amended its local Rule WO407 to conform to the new $50,000 limit on small estates petitions. Orphans’ Court Rule WO407, Nr. 3 of 2014 (4/21/2014), 44 Pa.B. 2750 (5/10/2014); Orphans’ Court Rule WO407, No. 65-96-214 (4/28/2014), 44 … Continue reading
The IRS has published final regulations under section 67 that define the kinds of expenses of estates and trusts that are or are not subject to the 2% floor on miscellaneous itemized deductions. T.D. 9664, 79 F.R. 26616 (5/9/2014) … Continue reading
In a proceeding involving real property owned by three related estates and related individuals, the court approved a private sale among the parties, a partition of the proceeds of sale, and an allocation of costs among the parties. The court … Continue reading
Carbon County has adopted an an administrative order imposing an annual fee of $300 for remote access to the dockets and images of documents filed with the Prothonotary and the Register of Wills and Orphans’ Court. Establishment of Remote Access … Continue reading
Bucks County has adopted a new local Rule 3.7A for the electronic filing and service of legal papers. Order Promulgating Orphans’ Court Rule 3.7A—Electronic Filing and Service of Legal Papers (3/26/2014), 44 Pa.B. 2200 (4/12/2014) … Continue reading
IRS Notice 2014-19 provides guidance on the application (including the retroactive application) of the decision in United States v. Windsor, 570 U.S. ___, 133 S. Ct. 2675 (2013), and the holdings of Rev. Rul. 2013-17, 2013-38 I.R.B. 201 (Sept. 16, … Continue reading
The IRS has announced that, under a special new law, donations for typhoon relief in the Phillipines can be deducted on 2013 income tax returns if the donation is made on or before April 14, 2014. See IR-2014-46 for details. … Continue reading
New York will increase its estate tax exclusion to $5,250,000 over the next four years.
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