Epstein Secrets

Blanche Lark Christerson Managing Director, Senior Wealth Planning Strategist Tax Topics 2015-07 07/31/15 New York's estate tax and non-residents It is not news that in

which presumably becomes a disregarded entity. A final note. It is worth contrasting the holdings of these two opinions with the actual language of New York's estate tax law and its constitution. As noted above, the tax law (§ 960 of Article 26) says that estate tax applies to a non-resident decedent's tr

for example, that non- resident Mom and Dad are the two members of the LLC that owns a New York condo; will this structure insulate the condo from New York estate tax when the first of them dies? Arguably yes, although the New York tax could be moot at that point if the deceased spouse's LLC interest s

semiannual and quarterly) and 1.80% (monthly). The July mid-term rates were: 1.77% (annual), 1.76% (semiannual and quarterly) and 1.75% (monthly). Blanche Lark Christerson is a managing director at Deutsche Asset & Wealth Management in New York City, and can be reached at blanche.christerson@dt).com. The opinions and

are with the literal language of the underlying law. Stated differently, the opinions are designed to have a chilling effect, and seem to represent New York's litigating position — namely, that a single member LLC/disregarded entity holding New York real estate will not insulate that real estate from New Y

mpt resident trusts (generally, trusts created by a New Yorker that are exempt from New York income tax because

Changes afoot in New York? On January 21, 2014, New York’s Gov. Andrew Cuomo (D) introduced his comprehensiv

Deutsche Asset & Wealth Management Blanche Lark Christerson Managing Director, Senior Wealth Planning Strategist Tax Topics 01/29/14 2014-01 And the beat goes on... Last fall’s 16-day government shutdown e

ded health care?; new mortality tables and QPRTs; New York’s increased taxes and estimated tax payments 04/20

Deutsche Asset & Wealth Management Blanche Lark Christerson Managing Director, Senior Wealth Planning Strategist Tax Topics 2013 Table of Contents 2013 12/20/13 Budgets, tax reform and “extenders”; end of