Tuesday, July 31, 2018
The recipient of a juris doctor from Loyola University, James R. Carey is a Chicago-based litigation attorney who specializes in trust-and-estate dispute resolution. Supplementing more than 20 years of experience as an attorney, James R. Carey serves as chair of the Litigation, Malpractice and Ethics Group of the American Bar Association's Real Property Trust and Estate (RPTE) Section.
Since 2006, the RPTE has released quarterly publications of its eReport, which is generally comprised of practical information for real property and estate-planning lawyers as well as valuable resources for young lawyers and law students. Below are three featured articles in the Spring 2018 RPTE eReport.
1. Fiduciary Rule Vacated: Transition Relief Extended - Krisa Benskin explores the United States Department of Labor's 2016 regulations requiring professionals paid to provide investment advice in regard to retirement to follow certain standards of conduct and how recent court challenges have had a positive impact on those regulations.
2. Estate Tax Changes Past, Present, and Future - Ronald D. Aucutt updates an extensive outline pertaining to the history of modern federal estate tax, with significant changes enacted by the 2017 Tax Act.
3. IRS Announces End to Offshore Voluntary Disclosure Program - This article delves into the IRS's recent decision to end its 2014 Offshore Voluntary Disclosure Program and how taxpayers with undisclosed foreign assets are affected.
To read these and other articles, visit: https://www.americanbar.org/groups/real_property_trust_estate/publications/rpte_e_report_home/rpte-ereport-spring-2018.html