Death To The Estate Tax?

President Trump is preparing to bring the axe down on the federal estate tax. On November 2, the U.S. House of Representatives Ways and Means Committee unveiled what the President hopes will become his first major piece of legislation, the Tax Cut and Jobs Act, H.R....

Greenwald Weiss Partners Present at BHI Annual Brunch

On Sunday, May 21st, the Business Halacha Institute (“BHI”) hosted their annual brunch at their Brooklyn headquarters, featuring a presentation delivered by a panel of Rabbi Chaim Kohn, Dayan (halachic judge) and founder of BHI and Greenwald Weiss founding partners,...

Will The Estate Tax Be Trumped?

1. The Election and Its Impact As we all know by now, on November 8th, Donald J. Trump, won the presidential election – pulling off a surprising upset victory over Hillary Clinton. In addition to capturing the presidency, both houses of Congress remained in Republican...

The Impending Death Of New Jersey Estate Tax

On October 14, New Jersey Governor Chris Christie signed a bill which will phase out and eventually completely eliminate the New Jersey estate tax. Under the current law, New Jersey estate tax is applicable to estates that exceed $675,000 in value (the lowest “estate...

Dissecting the ILIT

On Thursday, August 25, 2016, at the CSB Envision6 Conference which took place in the beautiful and historic Bear Mountain Inn in Bear Mountain, NY. Baruch (Brian) Y. Greenwald & Hillel D. Weiss, Partners at Greenwald Weiss (“GW”), presented on the topic of estate...

Will Your Estate Increase By 30% In 2017?

NEW PROPOSED REGULATIONS LIMITING VALUATION DISCOUNTS FINALLY PUBLISHED BY IRS Last summer we wrote in detail about impending proposed new regulations under Section 2704 of the Internal Revenue Code (“IRC”) that would disallow certain transfer tax valuation discounts...