Thomson Reuters today announced the release of the fourth edition of Tax Planning for Highly Compensated Individuals authored by Robert E. Madden, JD, LLM, on Thomson Reuters Checkpoint.
The new edition of this WG&L treatise provides thorough, in-depth and timely analysis of the latest regulations, case studies and practical financial planning strategies to assist practitioners in delivering the most effective guidance to reduce the overall tax burden and preserve the accumulated wealth and estate of executives and other highly compensated individuals.
“The combination of the 2012 tax law’s impact on the income and estate tax, the massive planning opportunities for same-sex couples since the Supreme Court’s decision in Windsor, many decisions relating to conservation easements, and the increased emphasis on income tax planning for estates mandated a new and totally revised edition,” said Madden, an estate and executive compensation planning attorney with Blank Rome LLP in New York, Washington DC and Virginia. Madden is also the co-author of a bi-monthly current developments column for Estate Planning Magazine, and has been named one of the top Washington DC, Estate and Probate Lawyers by Washingtonian Magazine.
The new edition offers integrated strategies, tools and techniques for effective income tax and estate planning, all in one volume. It also provides expert analysis on a variety of investment options including stock options, deferred compensation, fringe benefit packages, alternative minimum tax, pensions, 401(k) and IRA plans, charitable gifts, lifetime gifts, insurance trusts, irrevocable lifetime trusts, and more.
Some of the highlights of the fourth edition include:
- Expanded discussions of the American Taxpayer Relief Act of 2012.
- Effect of higher income tax rates for highly compensated individuals.
- Lengthy analysis of conservation easements and many decided cases in this area.
- New and expanded section on the use of disclaimers in estate planning.
- The Windsor case and its impact on planning for same-sex couples.
- Expanded analysis of intentionally defective grantor trusts.