Charitable Deductions for Estates and Trusts under Amended IRC § 68

In the article on the increase in the federal estate tax exclusion amount under the “megabill” enacted as  P.L. 119-21 (see “Federal Estate Tax Exclusion Increased to $15 Million“), it was reported that a number of income tax provisions that...

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Federal Estate Tax Exclusion Increased to $15 Million

H.R. 1, previously known as the “One Big Beautiful Bill,” was passed by both houses of Congress and was signed into law on July 4, becoming P.L. 119-21.  Section 70106 of the act changes the provision that had doubled the … Continue reading

New Philadelphia O.C. Rules on Title to Real Estate, Discovery, and Guardianships.

Philadelphia has adopted new local Orphans’ Court rules on determining title to real estate under 20 Pa.C.S. § 3546, discovery, and the appointment of counsel for the alleged incapacitated person in guardianship proceedings. “Adoption of Philadelphia Court of Common Pleas … Continue reading