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Estate Litigation Archives

3 difficult scenarios that may arise when inheriting property

Real estate is an unusual asset for a variety of reasons. Properties can take up a significant portion of a decedent’s wealth while also being complex to liquidate or divide. A family home or vacation spot often carries an emotional component for heirs as well.

Famed superhero creator’s estate battle offers instructive lessons

It’s unlikely that the Black Panther or Spider Man would need any help with this. And a character like the Hulk would certainly confront the challenge in resolute head-on fashion, spending scant little time pounding all obstacles into submission.

Words of advice as overseas tax disclosure program winds down

We commented on a major IRS announcement in a recent blog post, noting in our March 20 entry that the agency’s Offshore Voluntary Disclosure Program launched back in 2009 will officially terminate on September 28 of this year. We stressed that many Americans holding offshore assets might reasonably “be buoyed” by that news.

Foes of offshore-account tax law dismayed by SCOTUS ruling

Legions of taxpayers and estate holders in California and across the country have dreaded for years the acronym FATCA and what it stands for. The Foreign Account Tax Compliance Act enacted as federal law by Congress in 2010 has long been viewed as a near limitless power often wielded by the IRS in selective and unfair ways.

Long-time IRS overseas compliance program rapidly ticking down

Americans residing abroad or living domestically with overseas financial holdings have been a collectively peeved bunch for years in their dealings with the U.S. Internal Revenue Service. Legions of them have been notably put out -- and rendered fearful -- by agency exactions concerning their overseas financial holdings.

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