Blog - "Altman Speaks"

Gary Altman presenting on “Allocating Capital Gains to Distributable Net Income (DNI) and Allocating DNI to Charities in Estates and Trusts: Achieving Optimal Tax Treatment.”

Please join Partner, Gary Altman, Chair of the Estate Tax Practice, for an upcoming webinar on “Allocating Capital Gains to Distributable Net Income (DNI) and Allocating DNI to Charities in Estates and Trusts: Achieving Optimal Tax Treatment.” Gary will provide tax professionals with a drill down into the rules and practices covering the inclusion of […]

Coryn Rosenstock Presenting with the Bar Association of Montgomery County, Estate & Trust Law Section

Join Estate Director, Coryn Rosenstock, Esq., and the Bar Association of Montgomery County, Estate and Law Section on February 13 from 12-1:00 pm for a presentation featuring highlights from the Heckerling Conference.

Gary Altman Named Finalist in Best of Bethesda 2023 - Estate Attorney

The team at Altman & Associates would like to congratulate, Gary Altman for being a Finalist in the Bethesda Magazines 2023 Best of Bethesda - Estate Attorney. Thank you to our colleagues, friends, and clients who took the time to cast a vote for Gary! Check out the list here.

Withholding on Distributions to Foreign Beneficiaries of U.S. Estate Six-Step Process

Determining the U.S. tax to be withheld on distributions made to foreign beneficiaries of U.S. estates requires consideration of several factors. These six steps can help fiduciaries in navigating this process. One: Determine the Tax Status of the Beneficiary This step entails confirming that the Beneficiary is in fact a nonresident alien (NRA) and not […]

I am asked this question often as an Estate Planning Attorney

What is Revocable Trust? Is it the Same as a Living Trust? A revocable trust, a living trust, and or a family trust are all terms used in estate planning that mean the same thing. You are often called the grantor who transfers your assets into the name of the trust, naming yourself as trustee. […]

December is the perfect time to discuss your philanthropic goals in your estate plan.

It’s the time of year, the Holidays when 30% of all charitable giving takes place. A steady increase in gifts has occurred, 18% since 2018, even with the increase in the standard deduction under the Tax Cuts and Jobs Act. Recently Wealth Management Magazine examined the gifting activities of 1,000 private foundations with assets between $1 […]

Donors To Donor Advised Funds Beware

A recent case in the US District Court for the Northern District of Texas upheld the IRS’s denial of a charitable deduction stemming from the donation of interest 1 in a Limited Partnership. The partnership donated to a Donor Advised Fund violated the contemporaneous written acknowledgment (“CWA”) requirement for donations to Donor Advised Funds. 2 […]

“Taxachusetts” Strikes Again!

Massachusetts voters recently passed the so-called “Fair Share Amendment” or “Millionaires Tax” to amend the state constitution. This new rule imposes a 4% additional tax on incomes over $1 million (as indexed for inflation). This brings the total state tax to 9%. It is important to note that windfall gains and irregular income, such as […]

Thank You, Veterans!

To those who have served our country, thank you for your service. We at Altman & Associates are forever grateful for your sacrifice. We are especially grateful to honor Associate and Veteran, Paul Tracy. If there's anything we can assist you with, please don't hesitate to reach out to us!

International Tax Series Part 4: Reporting Obligations of Superannuation Accounts

Having an Australian superannuation account can create additional U.S. tax and reporting obligations for an Australian who is a “United States Person” (generally, a U.S. citizen, tax resident, or green card holder). In this Part 4, we consider some IRS forms that may need to be included with the U.S. Tax Return of a “United […]

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Recent Posts

Gary Altman presenting on “Allocating Capital Gains to Distributable Net Income (DNI) and Allocating DNI to Charities in Estates and Trusts: Achieving Optimal Tax Treatment.”

Coryn Rosenstock Presenting with the Bar Association of Montgomery County, Estate & Trust Law Section

Gary Altman Named Finalist in Best of Bethesda 2023 - Estate Attorney

Withholding on Distributions to Foreign Beneficiaries of U.S. Estate Six-Step Process

I am asked this question often as an Estate Planning Attorney

December is the perfect time to discuss your philanthropic goals in your estate plan.

Donors To Donor Advised Funds Beware

“Taxachusetts” Strikes Again!

Thank You, Veterans!

International Tax Series Part 4: Reporting Obligations of Superannuation Accounts

« Previous 1 … 7 8 9 10 11 … 77 Next »