Tag Archives: Crummey Notices

Definition of the Month: Crummey Notice

The Crummey Notice takes its name from the 1968 decision in Crummey v. Commissioner, 397 F.2d 82, 88 (9th Cir. 1968) in which it was established that a gift in trust qualifies for the annual Gift Tax exclusion as long … more

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The Importance of Planned Giving

As the end of the year quickly approaches, it is essential to recognize the importance of planned giving and its benefits for those with taxable or rapidly growing estates.  This newsletter will discuss the opportunities available to reduce your taxable … more

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Another Piece of the Family Limited Partnership Puzzle

– The Indiana District Court has provided another nugget of guidance regarding the organization and operation of a Family Limited Partnership (FLP). In John W. Fisher and Janice B. Fisher v. United States of America (March 11, 2010), the court … more

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