Lowndes Lawyers Successfully Obtain and Defend Probate Court Order Denying Request for Accounting and Settle Estate

By: Jennifer Dixon

Lowndes attorneys obtained a favorable ruling from a probate court in Lee County, Florida, on behalf of a decedent’s estate; and thereafter, secured an affirmance of the ruling from Florida’s Second District Court of Appeal.  The decedent had provided in her will for certain distributions of personal property to a beneficiary.  With assistance from Lowndes probate attorney, Julie Frey, the personal representative inventoried and distributed the personal property accordingly. The beneficiary acknowledged receipt of her distribution, and filed no objections to the inventory filed by the personal representatives.  Several months later, however, the beneficiary filed a petition requesting an inventory and accounting. read more

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Choosing Guardianship for Seniors – Five Factors for Consideration

By Melody Lynch

A guardianship is a wonderful vehicle to assist seniors and their families in certain difficult situations. Filing a petition for appointment of a guardian over a loved one is a difficult decision that involves discernment and guidance. read more

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Republicans Announce Tax Reform Framework, Which Includes Repealing Estate Tax

By:  Amanda Wilson

After months of speculation, President Trump and the Republicans have announced their framework for tax reform.  While specific details are not known, the key elements of the framework include: read more

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Treasury Plans to Pull Unpopular Discount Regulation

By:  Amanda Wilson

As discussed earlier this summer, Treasury and the IRS identified as a burdensome regulation the Proposed Regulations under Section 2704 of the Internal Revenue Code, which regulations would severely impact discounts on gifts made to family members.  (Our prior discussion can be found here.)   Today, Treasury issued a report announcing that it proposes revoking the proposed regulations.  This is good news for taxpayers. read more

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Proposed Regulations Limiting Discounts on Family Gifts Targeted for Reform

By:  Amanda Wilson

Last summer, we discussed the IRS’s issuance of new Proposed Regulations under Section 2704 of the Internal Revenue Code, which regulations would severely impact discounts on gifts made to family members.  (Our prior discussion can be found here.)   Earlier this year, the Trump Administration issued an executive order instructing the Treasury Department to review all significant tax regulations issued after December 31, 2015 and identify any regulations that impose an undue burden on taxpayers.  The Treasury Department and IRS have completed this review, and have identified eight burdensome regulations that should be reformed.  The good news for taxpayers is that the Proposed Regulations under Section 2704 are on this list. read more

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