Proposed Regulations on Administration Expenses and Excess Deductions

The Internal Revenue Service has published proposed regulations on the deductibility of administration expenses for both estates and trusts and for their beneficiaries when the estates or trusts terminate. “Effect of Section 67(g) on Trusts and Estates,” REG-113295-18, 85 F.R. 27693 (5/11/2020), Doc....

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Virtual (Videoconference) Probate Procedures

The Supreme Court’s order declaring a judicial emergency due to the COVID-19 pandemic, and the orders of local courts declaring emergencies in their counties and closing county offices, have halted or drastically slowed the operations of most offices of the...

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New (and Old) Minimum Required Distribution Rules Summarized

This article will attempt to provide a brief summary of the minimum required distributions rules that now apply to individual retirement accounts (IRAs) and certain employer-sponsored defined contribution plans as the result of changes made by the “Setting Every Community...

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Which Trust Beneficiaries Get Notices of Estate Administration?

The new amendments to the Orphans’ Court Rules (“Order Amending Rules 1.7, 1.8, 2.1, 2.5, 2.7, 3.5, 3.7, 4.3, 4.6, 5.1, 5.3, 5.4, 7.1, 10.1, 10.5, and the Index of the Appendix of the Pennsylvania Orphans’ Court Rules, and Rescinding...

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