Annual Exclusion Gifts – Each individual can make a cumulative annual gift tax exclusion gift of $15,000 per donee during 2019 and 2020 (or $30,000 for a married couple electing to split gifts), without using any portion of his federal estate and gift tax exemption.
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In a recent decision the ruling could have widespread ramifications. Potentially going forward, plaintiff’s attorneys representing personal injury clients should be more aggressive and proactive for requesting unified trials. The New York Law Journal Article, which is shown below states explains how the ruling can impact future personal injury litigation.
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In a recent article by Curbed New York (see below) it addresses a new topic that could have impact on some New York City residents buying property. Now every buyer’s name will be made public and can longer be kept secret. This is a major departure from past real estate transactions.
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