Important Estate Related Proposals and Changes for 2022

By on June 29th, 2022

Posted in Business & Commercial Law

This year has brought several interesting changes and important proposals that can affect many estate plans. We have held seminars covering two major issues:

  1. the IRS Proposed Regulations affecting qualified retirement plans and IRAs; and
  2. the Administration’s proposed changes to the Federal Estate and Gift Taxes.

 

If you did not attend these seminars, you may access and watch them through the links below.

The IRS’ Proposed Regulations: Mandatory Distributions from IRAs and Retirement Accounts

Earlier this year, I hosted a seminar on the Internal Revenue Service’s (IRS) proposed regulations that clarify and revise some of the required minimum distribution (RMD) rules for qualified plans (i.e., 401ks, 403bs, etc.) and individual retirement accounts (IRAs). The proposed regulations contain potential changes for both spouse and non-spouse beneficiaries.

This seminar may be accessed and viewed through THIS LINK.

The Administration’s Proposed Changes to the Federal Estate and Gift Taxes

In March 2022, the Administration proposed significant changes to the federal estate and gift taxes, as well as changes to the basis carry-over and basis step-up rules. These changes would have a substantial impact on many estates.

You can access and watch this seminar through THIS LINK.

If you have any questions concerning these seminars, please feel free to contact Robert F. Morris at (609) 945-7617.

Multiple locations to better serve your needs—

Princeton, NJ

993 Lenox Dr, Building 2
Lawrenceville, NJ 08648
Phone: 609.896.9060
Secondary phone: 800.535.3425
Fax: 609.896.0629
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Marlton, NJ

40 Lake Center, 401 NJ-73, Suite 130
Marlton, NJ 08053
Phone: 856.874.4443
Secondary phone: 888.241.7424
Fax: 856.874.0133
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Yardley, PA

777 Township Line Road, Suite 120
Yardley, PA 19067
Phone: 267.907.9600
Fax: 267.907.9659
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New York, NY

5 Pennsylvania Plaza 23rd Floor
New York, NY 10001
Phone: 800.535.3425
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Philadelphia, PA

The Bellevue 200 S Broad St #600
Philadelphia, PA 19102
Phone: 267.907.9600
Secondary phone: 800.535.3425
Fax: 215.564.6245
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Bridgeton, NJ

78 W Broad St
Bridgeton, NJ 08302
Phone: 856.874.4443
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