(Due to Copyright Restrictions, LISI is not able to provide Reprints of these articles)
Empirical Inheritance Law
Alexander A. Boni-Saenz - UC Davis Law Review
Waking the Dead: An Empirical Analysis of Revival of Wills
Adam J. Hirsch - UC Davis Law Review
Testamentary Transfers and the Intent versus Formalities Debate: The Case for a ‘Charitable’ Common Ground
Peter T. Wendel - Kansas Law Review
Basis and Bargain Sales: Income Tax and Other Concerns
Bridget J. Crawford and Jonathan G. Blattmachr - Tax Lawyer
Five Signs That Estate Advisors Aren’t Getting With the Digital Program
Jennifer L. Zegel and Sharon Hartung - Bloomberg Daily Tax Report
Help for Agents Under a Power of Attorney -- CFPB
To help people (including family members) with legal authority to handle an older person’s money, the Office contracted and worked closely with the American Bar Association Commission on Law and Aging to prepare this guide.
Social Security: What Would Happen If the Trust Funds Ran Out? -- CRS
Updated report from the Congressional Research Service. July 29, 2020. PDF, 20 pp.
Notice of Public Hearing on Section 67(g) Proposed Regulations
The public hearing on the proposed regs (REG–113295–18) will be held on Wednesday, August 12, 2020 at 10:00 a.m. by teleconfeerence.
IRS 2019 Data Book
The redesigned Fiscal Year 2019 edition of the IRS Data Book provides the annual set of statistical tables summarizing tax filings, revenue collections, taxpayer services, enforcement activities and agency operations. The new Data Book features an updated format with additional tables designed to more accurately reflect the way the IRS does business today.
Reporting Excess Deductions on Termination of an Estate or Trust for Tax Years 2018 and 2019
This page added to the IRS website on July 10, 2020 explains how to claim excess deductions on termination of an estate or trust on Forms 1040, 1040-SR and Forms 1040-NR for tax years 2018 and 2019. Under proposed regulations published in the Federal Register on May 11, 2020, an excess deduction on termination of an estate or trust allowed in arriving at adjusted gross income (Code section 67(e) expenses) is reported as an adjustment to income on Forms 1040, 1040-SR, and 1040-NR. Taxpayers may rely on the proposed regulations for tax years beginning after 2017.