Capital Gains Taxation

Laws, Regulations, Cases and Rules related to capital gains taxation

IRS says “Wait a Minute” on Stepping-up Basis for Assets in Irrevocable Trust

Until recently, the IRS has said little (if anything) regarding whether assets the beneficiary of an irrevocable trust receives get…

2 years ago
Settlement of Probate Dispute Enforced As WrittenSettlement of Probate Dispute Enforced As Written

Settlement of Probate Dispute Enforced As Written

On June 12, 2023, the Tennessee Court of Appeals (Knoxville) upheld a settlement agreement requiring the recipient of funds in…

2 years ago