Month: January 2014

Child Support Arrears are Assets of an Estate

Thursday, January 23, 2014

The Child Support Arrears are Assets of an Estate Child support arrears due a divorcee at the time of her death belonged to her estate, not to her emancipated son, a New Jersey appeals court says. The child’s mother was... Continue Reading

Federal Gift Taxes on Net Gift Agreement

Friday, January 17, 2014

In the case of Steinberg vs. Conn, 141 T.C. No. 8 (September 13, 2013), the Tax Court denied the IRS’ motion for summary judgment and ruled that a net gift agreement, in which the donees assumed responsibility for applicable... Continue Reading