(Due to Copyright Restrictions, LISI is not able to provide Reprints of these articles)
The New Estate Planning Lexicon: SUGRITs and Other Grantor-Retained Interest Step-Up Trusts
A. W. Bramwell, B. Dillon, and L. Socash - Journal of Taxation
Design Trusts That Shine in Clients' Twilight Years
J. B. Shepura - Estate Planning
Good Directions Needed When Using Directed Trusts
Richard W. Nenno - Estate Planning
Tips for Avoiding Turbulence in Private Aircraft Operations
W.J. Kambas, A.S. Kufeld, and N.T. Angkatavanich - Estate Planning
Posthumously Conceived Child as Heir Depends on Where
David Shayne - Estate Planning
Special Report: Summaries from the 2015 Heckerling Institute -- 1/05/2015
Clark Decision Complicates Planning for IRA Owners -- 6/12/2014
Quick Take: Recent Cases Allow Probate of Electronic Wills -- 2/14/2014
Special Report: Summaries from the 2014 Heckerling Institute -- 1/10/2014
Does Portability Create a Property Interest? -- 12/09/2013
Annual Statistical Report on the Social Security Disability Insurance Program, 2014 -- SSA
This 194-page report includes background and statistics on the Social Security Disability Insurance program. Released: November 2015
2016 SSI and Spousal Impoverishment Standards -- CMS
The Centers for Medicare and Medicaid Services has published updated amounts for the community spouse resource allowance (CSRA), the maximum monthly maintenance needs allowance and the income cap, effective January 1, 2016. These amounts are unchanged from 2015.
Partnership Returns, 2013 -- IRS Statistics of Income
This article analyzes aggregate data from 2013 partnership income tax return filings. Among the conclusions:
The number of partnerships and partners in the United States
continued to increase.
Domestic limited liability companies (LLCs) made up the majority
(66 percent) of all partnerships, surpassing all other entity types for
the 12th consecutive year.
Domestic limited partnerships represented only 12 percent of all
partnerships but reported the most profits (32.4 percent), and the
largest share of partners (45.2 percent).
Real estate and rental and leasing accounted for about half (49.8
percent) of all partnerships and just over a quarter (27.7 percent) of
all partners. The finance and insurance sector reported the largest
shares of total net income (loss) (41.1 percent), total assets (56.7
percent), and total receipts (21.8 percent) in 2013.
Total assets increased 9.8 percent between 2012 and 2013, from
$22 trillion to $24.2 trillion. Some 18 (out of 20) industrial sectors
reported an increase.
Planning For Retirement -- CFPB
This online tool to help is designed to help consumers approaching retirement make an informed decision about when to claim their Social Security benefits.
Variable and Indexed Annuities in QLACs -- American Society of Actuaries
This November 6, 2015 letter from the American Society of Actuaries urges Treasury to permit the use of variable and indexed annuities in qualified longevity annuity contracts.