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On December 10, 2024, Pesident-elect Donald Trump announced that FTC commissioner Andrew Ferguson will chair the agency, while nominating...
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In a 9-8 en banc decision, the U.S. Court of Appeals for the Fifth Circuit blocked the Nasdaq board diversity rules, ruling that the U.S....
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In 2024, there was much legislative activity in New York that affected the Private Wealth realm. A brief summary of the 2024 changes...
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Uniform Directed Trust Act and Uniform Fiduciary Income and Principal Act Become Effective As reported in Katten's 2023 Year-End...
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It has been back to business as usual for the Internal Revenue Service (IRS) and Department of the Treasury in 2024. US tax authorities...
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The following is a summary of some of the key legislative and judicial updates from Illinois in 2024. Control and Protection of Trust...
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The Setting Every Community Up for Retirement Enhancement Act of 2019 (the SECURE Act), was originally signed into law on December 20,...
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President-Elect Donald Trump has not published a comprehensive tax plan as of the time of this writing, but he and Vice President-Elect...
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The "big ticket" item of the Tax Cuts and Jobs Act (TCJA) is the significant increase to the lifetime gift, estate and...
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Federal Estate, GST and Gift Tax Rates The federal estate, gift and GST applicable exclusion amounts are as summarized below. In simple...
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Several legislative proposals and new laws have been introduced in Florida affecting Private Wealth. A brief summary of the 2024 changes...
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It has been a quiet year in Texas on the Private Wealth front as the Texas State Legislature enjoyed its biennial recess. Nevertheless,...
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Remote Electronic Notary Act As discussed in last year's advisory, the North Carolina Remote Electronic Notary Act (referred to as RENA...
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In an important decision regarding plastic recycling and disposal, the New York Supreme Court has dismissed the NY Attorney General's...
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The European Securities and Markets Authority (ESMA) has recently published a consultation seeking feedback (Consultation) on draft...
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The UK’s All-Party Parliamentary Group (APPG) on investment fraud and fairer financial services (a group of thirty Members of Parliament...