2017 Inflation Adjustments
Each year, certain federal estate, gift and generation-skipping transfer (GST) tax figures are subject to inflation adjustments. For 2017, the annual exclusion amount for gifts remains at $14,000. The federal estate, gift and GST tax exemption amount for estates of decedents dying in 2017 and gifts made in 2017 is increased to $5.49 million. The annual exclusion amount for gifts made to a noncitizen spouse in 2017 is increased to $149,000.
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Day Pitney Press Release
Day Pitney Miami Partners Melissa A. Rodriguez and Mark A. Romance authored the article "Tradition vs. Technology: Original Paper Wills Are Still Required," for the Daily Business Review.
Boston Partner Heidi Seely has accepted membership to be included in the 2025 American College of Trust and Estate Counsel (ACTEC) Fellows class, she is one of thirty-two individuals across the country to be offered membership at this level.
Day Pitney Trusts and Estates Partner Tasha Dickinson was featured in the Kiplinger article titled, "How to Navigate Finances as a Blended Family."
Boston partner Hether Cahill will be a faculty member during the upcoming Massachusetts Continuing Legal Education (MCLE) “Taking Depositions Interactive Workshop 2024,” including presenting specifically on the topic “Using Demonstratives,” on October 18.
Day Pitney Trusts and Estates Partner Christine Fletcher authored an article for Forbes.com titled, “Why You Might Not Want to Waive Alimony in Your Prenup.”
Day Pitney Press Release
Day Pitney Press Release
Dina Kapur Sanna, Carl Merino and Sarah Jacobson co-authored a 2024 update to the white paper, entitled "U.S. Tax Planning for Non-U.S. Persons, Assets and Trusts - An Introductory Outline."
Day Pitney Private Client Partner Tasha Dickinson and Florida Offices Managing Partner Manuel Garcia-Linares were featured in the Daily Business Review article, "In Bid to Meet Surging Trusts and Estates Demand, Florida-Based Law Firms Top Outsiders." The article discusses how wealth continues to glow into Florida, prompting law firms to look at trusts and estates as a growth opportunity.