Carl Holborn

IRS Invalidates Discounts Used in an FLP Formed Shortly Before Death

The recent Tax Court case Estate of Anne Milner Fields v. Commissioner underscores the risks involved when transferring assets to…

1 day ago

Super Lawyers Recognizes 30 O’Neil Cannon Attorneys

Each year, Super Lawyers surveys the State of Wisconsin’s 15,000 attorneys and judges, seeking the State’s top attorneys. Recently, Super Lawyers published its lists…

7 days ago

What is the Difference Between a Private Foundation and a Donor-Advised Fund?

When high-net-worth individuals and families incorporate charitable giving into their estate planning, they often consider donor-advised funds and private foundations…

1 month ago

20 O’Neil Cannon Lawyers Selected as 2025 Best Lawyers; Another 5 Named Best Lawyers: Ones to Watch

We are pleased to announce 20 of our lawyers have been included in the 2025 Edition of The Best Lawyers…

3 months ago

Tax and Wealth Advisor Alert–IRS Announces Changes to Estate and Gift Tax Exemptions for 2024

The IRS allowed amounts of the federal gift, estate, and generation-skipping transfer tax exemptions will materially increase in 2024. With…

1 year ago

Super Lawyers Recognizes 28 O’Neil Cannon Attorneys

Each year, Super Lawyers surveys the State of Wisconsin’s 15,000 attorneys and judges, seeking the State’s top attorneys. Recently, Super Lawyers published its lists…

1 year ago

19 O’Neil Cannon Lawyers Selected as 2024 Best Lawyers; Another 4 Named Best Lawyers: Ones to Watch

We are pleased to announce 19 of our lawyers have been included in the 2024 Edition of The Best Lawyers in…

1 year ago

Tax and Wealth Advisor Alert–Understanding the “Step-Up in Tax Basis”: A Summary of IRC Section 1014 and Double Stepped-Up Basis for Marital Property in Wisconsin

When a loved one passes away, the emotional toll can be overwhelming, and dealing with the complexities of tax implications…

1 year ago

Tax and Wealth Advisor Alert–Section 1202 Stock: An Attractive Tax Benefit for Investors in Small Businesses

Investors in small closely held businesses looking for ways to reduce their tax liability might want to consider taking advantage…

1 year ago

Tax and Wealth Advisor Alert: Powers of Appointment – A Tool to Add Flexibility Into an Estate Plan

A power of appointment is a legal instrument that grants an individual (the "appointee") the authority to decide how a…

1 year ago