Americans hold a considerable percentage of their wealth in retirement accounts. Recent changes to the Internal Revenue Code (the “Code”), as well as proposed regulations, have introduced new rules altering the required...more
The Internal Revenue Service recently issued Revenue Procedure 2021-45 providing calendar year 2022 inflation adjustments for more than sixty tax provisions. Two of these adjustments are of particular interest to estate...more
On June 13, 2021, a long awaited update to New York’s law on Powers of Attorney (“POAs”) took effect with the primary goal(s) of simplification, streamlining the execution process and increasing POA acceptance by third...more