Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 3 of 3
Full-Text Articles in Law
Tax Planning Of The Administration Of An Estate, Sherwin P. Simmons
Tax Planning Of The Administration Of An Estate, Sherwin P. Simmons
Vanderbilt Law Review
In this article, the author points out that the tax hazards and tax saving opportunities presented in the administration of an estate cannot be disregarded. With this in mind, he discusses in detail the filing of a decedents final income tax return, the various elections and alternatives available to the executor in the tax planning of the estate, the tax consequences flowing from the executors management of the estate, and the problems encountered in terminating the estate and paying the tax.
Book Note, Law Review Staff
Book Note, Law Review Staff
Vanderbilt Law Review
Book Note
Tax Planning for Estates (1955 Revision)
By William J. Bowe
Nashville: Vanderbilt University Press, 1955. Pp. 98. $3.00
Tax Planning For Nontaxable Estates, William J. Bowe
Tax Planning For Nontaxable Estates, William J. Bowe
Vanderbilt Law Review
Owners of modest estates are always greatly relieved to learn of the liberal federal estate tax exemption of $60,000. Freed from the burden of federal estate tax planning they frequently turn their attention to methods of transferring property which will avoid the heavy cost and delay incident to probate administration. Joint ownership, gifts of remainder interests, donee-beneficiary contracts, revocable trusts are among the more common devices available. Use of any one of these plans may accomplish a shift in possession and enjoyment of property upon the death of the planner with no delay and minimum expense.
But the income tax …