Scarinci Hollenbeck’s Tax, Trusts & Estates practice group regularly provides content on gift taxes. To receive our attorneys' gift taxes articles please subscribe to our email list.
Split-Dollar Arrangements Not Subject to Gift Tax
In a Groundbreaking Tax Court Decision in Estate of Morrissette v. Commissioner, the Court Deems Split-Dollar Arrangements are not Subject to Gift Taxes A recent Tax Court decision has potentially groundbreaking results. In Estate of Morrissette v. Commissioner, the Court ruled that the economic benefit regime applies to this split-dollar arrangement because the only economic […]