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Robert Adler

May 11

There are no RMDs required for 2020

Under the CARES Act, RMDs for IRAs are waived for calendar year 2020.

Robert Adler

May 3

Life Events Trigger Estate Plan Review

Review your estate plan if any of the following events are applicable to your situation...

Robert Adler

Mar 29

Paying Estate Tax In Installments

Internal Revenue Code Section 6166(a)(1) provides that an executor may elect to pay all or a portion of the estate tax attributable to a ...

Robert Adler

Mar 29

Coronavirus Aid, Relief, and Economic Security Act (Selected Highlights)

Stimulus Payments: Up to $1,200 per person ($2,400 married joint) and $500 per child under 17. Eligibility is based on 2019 tax filing (...

Robert Adler

Mar 27

COVID-19 Executive Order Authorizes Virtual Notarization in New York State

New York Governor Andrew Cuomo has issued Executive Order 202.7, which temporarily suspends the rule requiring physical appearance before...

Robert Adler

Feb 24

Life Insurance and the Three Year Rule

Learn how to avoid the three year rule problem.

Robert Adler

Feb 23

What is a Deficit Restoration Obligation

Proper planning allows a partner to avoid having its share of losses shifted away to other partners.

Robert Adler

Feb 20

What are Capital Gains?

Pretty much everything you own is a capital asset.

Robert Adler

Jan 19

What is FBAR?

Failure to file a FBAR when required to do so may result in civil penalties, criminal penalties, or both.

Robert Adler

Jan 14

Taxation of Life Insurance Death Benefit

How is life insurance taxed?

Robert Adler

Jan 12

The SECURE Act

The SECURE Act, effective January 1, 2020, makes significant changes to the laws affecting IRA and 401(k) plans.

Robert Adler

Jan 5

Crummey Powers – Still a Powerful Estate Planning Tool

The more donees who are given Crummey withdrawal powers, the greater the amount of property that can be gifted tax-free to the trust.

Robert Adler

Aug 12, 2019

Buy Sell Agreements

Stock purchase agreements are useful when there is a need to restrict the transfer of stock to undesirable third parties.

Robert Adler

Aug 5, 2019

The Problem with Joint Bank Accounts in New York

The Confusion Surrounding Joint Bank Accounts in New York is epic.

Robert Adler

Aug 4, 2019

Federal Income Tax and Trusts

Four categories of taxpayers are potentially taxed on trust income.

Robert Adler

Aug 1, 2019

What is a Disclaimer?

Though seemingly an unusual event, disclaimers are actually quite common, for a variety of reasons.

Robert Adler

Jul 25, 2019

What is the Estate Income Tax Return - IRS Form 1041

The decedent and their estate are separate taxable entities.

Robert Adler

Jul 14, 2019

Gift Tax Exclusion for Payment of Medical and Tuition Expenses

Grandparents who already take full advantage of the annual exclusion for gifts to grandchildren can make additional tax-free transfers.

Robert Adler

Jun 29, 2019

New York Estate Tax Claw-back of Gifts Made within Three Years of Death

The purpose of the claw-back is to prevent the making of gifts, shortly before death, as a device to reduce New York estate tax.

Robert Adler

Jun 28, 2019

U.S. Supreme Court Gives Taxpayer a Win in Trust Tax Case

When a state seeks to base its tax on the in-state residence of a trust beneficiary, due process demands a pragmatic inquiry.

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ADLER & ADLER, PLLC

(212) 843-4059

There are no RMDs required for 2020

Life Events Trigger Estate Plan Review

Paying Estate Tax In Installments

Coronavirus Aid, Relief, and Economic Security Act (Selected Highlights)

COVID-19 Executive Order Authorizes Virtual Notarization in New York State

Life Insurance and the Three Year Rule

What is a Deficit Restoration Obligation

What are Capital Gains?

What is FBAR?

Taxation of Life Insurance Death Benefit

The SECURE Act

Crummey Powers – Still a Powerful Estate Planning Tool

Buy Sell Agreements

The Problem with Joint Bank Accounts in New York

Federal Income Tax and Trusts

What is a Disclaimer?

What is the Estate Income Tax Return - IRS Form 1041

Gift Tax Exclusion for Payment of Medical and Tuition Expenses

New York Estate Tax Claw-back of Gifts Made within Three Years of Death

U.S. Supreme Court Gives Taxpayer a Win in Trust Tax Case