2009 AP Bulletin Archive Page

• December 2009
• Update on Long-Term Care and 2010 – Combo Products, and Using Cash Values from Life and Annuity Contracts to Pay LTC Premiums or Expenses
• Hedging Your Client’s Bet: Deciding Whether to Report the Income from Roth Conversions in 2010 or to Postpone until 2011 and 2012
• Understanding the Non Buy Sell Alternative
• Roth IRA Conversion Alert: Potential State Income Tax Problem
• Inflation and Cost of Living Adjustment Figures for 2010
• Brief Summaries
• Expatriation Taxation
• Prohibited Transaction
• Life Insurance
• November 2009
• Gift Splitting and Gifts to a Spouse Via an Irrevocable Life Insurance Trust
  • See Gift Splitting and Gifts to a Spouse Via an Irrevocable Life Insurance Trust (03/16) for the current procedures.
• Our Clients Don’t Get It (And Maybe We Don’t Either): A Refresher on Substantially Equal Periodic Payments: Graham v. Comm’r, T.C. Summary Opinion 2009-139 (September 8, 2009)
• Brief Summaries
• Grantor Trust
• Spousal IRA Rollover and Disclaimers
• Roth IRA
• IRAs and Bankruptcy
• Extension of Time and Generation Skipping Transfer Tax
• Still Time to Rollover Unwanted 2009 RMDs
• October 2009
• Converting a Traditional IRA to Roth: A Quick Analysis of the Math
• That’s (Not) Just a Little Bit More Than the Law Will Allow: Stretch-Planning with a Trust as the Beneficiary of an IRA
• Protecting Your Children from Themselves: The Fully Discretionary Trust: Lerman v. Lerman, ____ N.J. Super. ____ (August 4, 2009)
• Taking a “Penalty-Free” Withdrawal from a Nonqualified Annuity Can Mean Different Things to Different People – Don’t Make the Same Mistake: Liu v. Comm’r, T.C. Summary Opinion 2009-137 (2009)
• Brief Summaries
• Roth IRA
• September 2009
• The Beneficiary Defective Inheritor’s Trust™ - The Best Thing Since Sliced Bread? Maybe, for the right client…
• Irrevocable Life Insurance Trusts: What is Enough Diligence? Cochran Irrevocable Trust v. KeyBank, No. 71A04-0806-CV-384 (Ct. App. Ind. March 2, 2009)
• Converting from a Non-Grantor Trust to a Grantor Trust is Not a Taxable Event: Chief Counsel Advice 2009-23-024 (June 5, 2009)
• Brief Summaries
• Interest Deduction
• Reasonable Compensation
• August 2009
• A Strategy to Consider for Arranging Wealth and Taking Distributions During Retirement
• A 401(k) is Always Creditor Protected, Right? Maybe Not: In Re: Rucker, 104 A.F.T.R. 2009-5100 (9th Cir. 2009)
• Brief Summaries
• Split-Dollar
• Annuity/LTC Taxation
• Charitable Deductions
• Individual Retirement Accounts:
• SOSEPP Modifications
• July 2009
• The Private Foundation Charitable Life Insurance Plan
• New Guidance on Employer-Owned Life Insurance: Notice 2009-48, 2009-24 I.R.B. 1085
• Brief Summaries
• Nonqualified Deferred Compensation
• Stranger-Owned Life Insurance
• June 2009
• When Should I Take Social Security?
• Ouch, My Head Hurts – Treasury Rules that “Basis” Is Lower Than “Investment in the Contract.” Revenue Rulings 2009-13, 2009-21 I.R.B. 1029, and 2009-14, 2009 I.R.B. 1031 (May 1, 2009)
• New Limits on Executive Compensation for Businesses Receiving TARP Funds
• Brief Summaries
• IRA
• SOSEPP
• May 2009
• The How To’s of Selling an Existing Life Insurance Policy to a Grantor Trust
• Treasury Rules That “Basis” Is Not Always As Large As “Investment in the Contract”: Revenue Rulings 2009-13, 2009-21 I.R.B. ____ and 2009-14, 2009-21 I.R.B. ____ (May 1, 2009)
• Update, Update, Update… Your Beneficiary Designations: Kennedy v. Plan Administration for DuPont Savings and Investment Plan, et. al., 129 S.Ct. 865 (2009)
• S Corporation Distributions May Create Second Class of Stock – or May Not! S Election Stands: Minton v. Comm’r, 103 A.F.T.R.2d 2009-1311 (5th Cir. 2009)
• Brief Summaries
• Spousal IRA Rollover
• Stranger-Owned Life Insurance
• April 2009
• I Fought the Law (and the Law Won?): An Analysis of ROBS (Rollovers as Business Start-Ups)
• The Internal Revenue Service Again Approves of Private Non-Equity Split Dollar – But Sticking Points Remain: Private Letter Ruling 2009-10-002 (March 6, 2009)
• The Charitable Income Tax Deduction: Use it or Lose it: Maddux, et al. v. Comm’r, T.C. Summary Opinion 2009-30 (March 4, 2009)
• Brief Summaries
• Reasonable Compensation
• Stranger-Owned Life Insurance
• March 2009
• “Surrender Squeeze:” Right Policy, Right Company, Wrong Strategy: Reinert v. Comm’r, T.C. Summary Opinion 2008-163 (December 23, 2008)
• Asking for a Little Valuation Respect – Do You Use the Business Agreement Value or Not? Private Letter Ruling 2008-52-029 (December 26, 2008)
• Brief Summaries
• Eighth Circuit Rules ESOP Redemptive Payments Not Deductible
• Are Plan Managers or Investment Advisors of Qualified Plans Considered Plan Fiduciaries?
• February 2009
• Another Grandfathered Private Non-Equity Split Dollar Plan Brings Some Good News, Some Expected News… and Some That’s Not So Clear: Private Letter Ruling 2008-48-002 (November 28, 2008)
• Service Issues Update on Reporting of Deferred Compensation: Notice 2008-115, 2008-52 I.R.B. (December 10, 2008)
• Brief Summaries
• 529 Plan Investment Changes
• January 2009
• The Worker, Retiree and Employer Recovery Act of 2008: Relief from RMDs and Expansion of Nonspouse Rollovers
• Brief Summaries
• Full Deduction for Bundled Trustee Fees Extended Through 2008
• 403(b) Written Plan Relief
• Grantor Trust Status and Substitution Power
• The 7520 Rate Drops to 2.4%!