American Taxpayer Relief Act › Portability

The American Taxpayer Relief Act of 2012 is a United States federal statue enacted in 2012 to address certain aspects of the so-called Fiscal Cliff, i.e. certain mandatory tax increases and budget cuts set to take effect at the beginning of 2013. ATRA extends certain tax cuts, modifies the estate tax and tax rates on income. The Act also provides for certain Medicare, unemployment and farm payments.

less -

News & Analysis as of May 21, 2013

Estate Planning with Portability: Not a Panacea

by Lauren Jenkins, William Rich, David Shayne | Holland & Knight LLP on 4/24/2013

When Congress resolved the fiscal cliff crisis early this year, it brought permanence to estate, gift and generation-skipping transfer tax laws that had been in flux for over a decade. In short, the American Taxpayer Relief...more

Estate Planning Implications of American Taxpayer Relief Act of 2012

by Deanna Lyon, Virginia Palmer, Judith Yang | Wendel, Rosen, Black & Dean LLP on 2/27/2013

The American Taxpayer Relief Act (the Act), which was passed by Congress on January 1, 2013 and signed into law by President Obama on January 2, has finally provided some permanence to the transfer tax laws....more

Insight on Estate Planning - February/March 2013: Fiscal cliff deal brings some certainty to estate planning

by Adler Pollock & Sheehan P.C. on 2/20/2013

Congress’s eleventh-hour deal to avert the “fiscal cliff” produced the American Taxpayer Relief Act of 2012 (ATRA). The act focuses on income taxes, but it also provides much-needed certainty for people engaged in estate...more

Estate Planning After the American Taxpayer Relief Act

by Craig Dalton | Poyner Spruill LLP on 2/11/2013

Congress adopted the American Taxpayer Relief Act (the Act), effective January 1, 2013. The Act made permanent tax rates and exemptions for estate, gift, and generation-skipping transfer (GST) taxes. Prior laws incorporated...more

Alert: Estate Planning - January 2013

by Pullman & Comley, LLC on 2/5/2013

For the first time in more than a decade, clients and advisors can plan their estates with a significant degree of certainty. The new tax law passed by Congress on January 1, 2013 and signed into law by President Obama...more

The Estate Planner - January/February 2013

by Shumaker, Loop & Kendrick, LLP on 1/31/2013

In This Issue: - Tax deal reshapes estate planning landscape - Are your children prepared to handle your wealth? - Planning your digital legacy - Estate Planning Red Flag: You’re married and relocating into or out...more

2013 Estate Planning Update

by Laura Kelly, John Lombard, David Ludgin, Dana Mark | McCarter & English, LLP on 1/30/2013

As 2012 drew to a close, your estate planning attorney's attention was diverted from the ball drop in Times Square to whether Congress would drop the ball with respect to the fiscal cliff. Congress, however, passed the...more

FINALLY…Clarity And Good News On Estate And Gift Taxes

by Stuart Kohn, Robert Romanoff, Sheri Warsh, Robert Wertheimer | Levenfeld Pearlstein on 1/23/2013

It has often been said that the only things in life that are certain are death and taxes. Until two weeks ago, the “taxes” part of that phrase was not so certain. However, on January 2, 2013 President Obama signed the...more

Effects of the New US Tax Law on Estate Planning

by Michael E. Kavoukjian, Cecily P. Maguire, John M. Olivieri, Winthrop Rutherfurd Jr. | White & Case LLP on 1/21/2013

On January 3, 2013, President Obama signed the American Taxpayer Relief Act of 2012 into law. As a result, for the first time in over 12 years, there is now some certainty in the Federal estate tax, the Federal gift tax and...more

Estate Planning & Federal Tax Update - Winter 2013

by John Allevato, Elizabeth Summers | Spilman Thomas & Battle, PLLC on 1/21/2013

With the American Taxpayer Relief Act of 2012 (the “ATRA ”) passed and the fiscal cliff safely averted, the time has come to turn your attention to your estate plan. What Did the ATRA Accomplish? The fiscal cliff...more

American Taxpayer Relief Act of 2012

by Melinda Barker, Elizabeth Fry, Ellen Harrison, Jennifer Jordan McCall, Kim Schoknecht | Pillsbury Winthrop Shaw Pittman LLP on 1/17/2013

On New Year’s Day 2013, to avoid the so-called “fiscal cliff,” Congress passed the American Taxpayer Relief Act of 2012 (“2012 Act”). The 2012 Act raises taxes on some taxpayers while retaining most of the provisions enacted...more

2013 Brings Estate, Gift & GST Tax “Permanency” At Last

by Schnader Harrison Segal & Lewis LLP on 1/16/2013

The uncertainty of the last two years was put to rest on January 2, 2013 when President Obama signed into law the “American Taxpayer Relief Act of 2012” (ATRA). The new law saved us from the “Fiscal Cliff” and forestalled...more

Recent tax law changes of 2013

by Sheppard Mullin Richter & Hampton LLP on 1/15/2013

On January 2, 2013, President Obama signed the American Taxpayer Relief Act of 2012 into law. Summarized below are highlights of those and other changes to Federal tax laws affecting income, payroll, gift and estate, and...more

Estate Planning Implications of the Fiscal Cliff Deal

by Christopher Angell, Michael Arlein, Hugh Freund, Carolyn Handler, Dana Hiscock, John Sare, Catherine Grevers Schmidt | Patterson Belknap Webb & Tyler LLP on 1/15/2013

After a last-minute deal to avoid the fiscal cliff was passed by Congress on January 1, 2013, President Obama signed into law the new American Taxpayer Relief Act (“ATRA 2012”) on January 2, 2013. ATRA 2012 extends...more

Estate Planning Tax Update

by Pamela Tyler | Varnum LLP on 1/14/2013

By now you should have all heard that Congress narrowly averted the Country's fall over the "fiscal cliff" at the very last moment (well, actually after the very last moment, but retroactive to the very last moment) by...more

After the Fiscal Cliff — A Summary of the New Federal Gift and Estate Tax Law

by Gary Phillips, Steven Saraisky | Cole Schotz on 1/11/2013

Congress took the fiscal cliff negotiations over the brink but was finally able to reach a deal resulting in the American Taxpayer Relief Act of 2012 (“2012 Act”). The 2012 Act makes the estate and gift tax laws “permanent,”...more

Significant Estate Planning Developments in 2013

by Christina LeBlanc, Wendy Rusch | Foley & Lardner LLP on 1/10/2013

The American Taxpayer Relief Act of 2012 (Act) was enacted on January 2, 2013....more

Wealth Management Update Newsletter - January 2013

by Proskauer Rose LLP on 1/10/2013

We Didn't (Quite) Fall off the Cliff, But We Still Have To Clean up the Mess! When the clock struck midnight on December 31, 2012, estate planning practitioners said "good night" to an unprecedented period of working...more

The American Taxpayer Relief Act of 2012 Stabilizes Federal Estate, Gift and Generation-skipping Transfer Tax Law

by Henry Grix, Judith Fertel Layne | Dickinson Wright on 1/10/2013

The American Taxpayer Relief Act of 2012 (the "2012 Act") — actually passed by Congress on January 1, 2013 — brings welcome stability to federal estate, gift and generation-skipping transfer tax law which has been in...more

Ringing in the New Year with Revised Estate and Gift Tax Laws

by Veronica Cerruti, Jill Dodd, Vivian Redsar | Manatt, Phelps & Phillips, LLP on 1/9/2013

Congress has averted the so-called fiscal cliff by passing the "American Taxpayer Relief Act of 2012" (the "Act") on January 1, 2013, which President Obama signed into law the following day. The good news is we finally have...more

Important New Provisions in the American Taxpayer Relief Act

by Edward Chaney, Matthew Elkin, Kimberly Eney, Alexander Reid, Celia Roady, Caroline Waldner | Morgan Lewis on 1/7/2013

From tax rates and tax extenders to the revival of the Pease limitation, the act includes a host of provisions affecting tax-exempt organizations....more

Fiscal cliff avoided — what it means for you

by Jeffrey Glaser, Robert Louis, Elizabeth Mullen | Saul Ewing LLP on 1/5/2013

While most of us were celebrating the new year, members of the U.S. House and Senate were trying to prevent a fall over the dreaded "fiscal cliff," the combination of automatic tax increases and automatic reductions in...more

The Permanent (For Now) Fiscal Cliff Compromise of 2012

by Pepper Hamilton LLP on 1/4/2013

In dramatic fashion, Congress adopted its New Year’s tax resolutions just in time to save us from falling off the cliff. The American Taxpayer Relief Act of 2012 (ATRA) passed the Senate in the wee hours of New Year’s...more

Estate Planning Update 2013: Back From The Brink

by MIchael Gooen | Lowenstein Sandler LLP on 1/4/2013

Who doesn’t love a good cliffhanger — especially one with a (relatively) happy ending? After considerable nail-biting and handwringing, on January 1 Congress passed the American Taxpayer Relief Act of 2012 (the “Act”),...more

24 Results

| Page: of 1 | WORKING...

View per page

Home

Legal News

Find a Lawyer

Browse Subjects

Subscribe

Pro Services

For Reporters