Message from the Firm
By Michael B. Luftman
This is our fourth and last newsletter regarding the estate planning and exempt organization aspects of the Pension Protection Act. The theme remains the same, which is to force people to use charitable entities correctly. The articles address the issues of excise taxes, appraisal penalties and the modified taxation of private foundations. All three articles show the punitive measures that are in the law, which the IRS will be using to enforce the law.
Reprinted with permission, © 2006 Reish Luftman Reicher & Cohen. All rights reserved. The Reish Luftman Reicher & Cohen Trust and Estate Advisor Report is published as a general informational source. Articles are general in nature and are not intended to constitute legal advice in any particular matter. Transmission of this report does not create an attorney-client relationship. Reish Luftman Reicher & Cohen does not warrant and is not responsible for errors or omissions in the content of this report.
Learn more about R&R's related practice areas:
Tax, Estate Planning & Probate
