In U.S. v. Windsor, the United States Supreme Court struck down a provision of the Defense of Marriage Act (DOMA), which limited the definition of marriage to a legal union between a man and a woman. The Court held that section 3 of DOMA violates the Fifth Amendment’s Equal Protection Clause as it pertains to same-sex [...]
A buy-sell agreement is an agreement among the owners of a business entity, or among the owners and the entity, that provides for the purchase of an owner’s interest in the entity under specified circumstances. The agreements come in a variety of forms and accomplish different objectives. Such agreements are useful from an estate planning [...]
More than 10 years of uncertainty regarding federal transfer tax law was brought to an end on January 2, 2013, with the enactment of ATRA, which made permanent many of the changes previously made to the estate, gift and generation-skipping transfer (GST) taxes by the passage of the Economic Growth and Tax Relief Reconciliation Act [...]
