Dane Dudley tells Law360 that the Supreme Court's June 26 DOMA ruling "greatly impacts the trusts and estates practice because attorneys can now give same-sex married couples who reside in states that recognize same-sex marriage the same federal estate and gift tax advice that they give heterosexual married couples." He also says, however, that the specificity of the ruling means that "couples must beware that if they move to a state that does not recognize same-sex marriage, some of those federal tax benefits may disappear unless the federal government clarifies that marital status is determined based on where the marriage was celebrated rather than where the couple resides."
The full article can be found here.
Day Pitney Alert
Day Pitney Trusts and Estates Partner Tasha Dickinson was featured in the CNBC Select article, "Living Trust vs. a Will – What's the Best Way to Pass an Inheritance to Your Family."
Day Pitney Private Client Department Chair B. Dane Dudley was featured in the Hartford Business Journal article, "Multigenerational Shift: Navigating Great Wealth Transfer is a Boon for Attorneys, Estate/Investment Planners."
Day Pitney Trusts and Estates Partner Tasha Dickinson and Senior Associate Stephanie Eassa Rapp were recognized by the Palm Beach Illustrated as "Top Lawyers in 2023," in its September 2023 issue.
Four Day Pitney Boca Raton Attorneys were recognized by the Boca Raton Observer as "Top Lawyers in 2023."
Day Pitney Trusts and Estates Partner Tasha K. Dickinson was featured in a Q&A article, "How to Plan for a Generational Wealth Transfer When You Have a Blended Family," by GOBankingRates.
Day Pitney Trusts and Estates Partner Tasha Dickinson was featured in Capital Analytics Associates' Invest: West Palm Beach Q&A, where she discussed the firm, diversity and the South Florida legal market.
Day Pitney Trusts and Estates Partner Tasha Dickinson was featured in the Daily Business Review's article, "'Elephant in the Room': Day Pitney Attorney Weighs in on Dianne Feinstein Feud," discussing Feinstein's feud with her late husband's children over his estate.
Day Pitney Trusts and Estates Attorneys Andrew M. Nerney and Grant W. Silvester authored the article, "U.S. Appeals Court: Deathbed Checks Are Includible in Decedent's Estate," for WealthManagement.com, which discusses a recent ruling by the U.S. Court of Appeals in the Third Circuit on deathbed gifting.
Day Pitney Private Client Department Senior Associate Claire N. Carrabba authored the article, "The Tax-Saving Potential of Gifts and Sales to Family Trusts," for WealthManagement.com.