/Passle/5fb3c068e5416a1144288bf8/MediaLibrary/Images/2024-12-30-05-40-55-591-677232671715f948c199bc6e.jpg)
Three digital asset organizations have jointly filed a lawsuit challenging the Internal Revenue Service’s (IRS) new digital asset broker...
/Passle/5fb3c068e5416a1144288bf8/SearchServiceImages/2024-12-23-19-15-57-907-6769b6edaf5165a8c2b5f821.jpg)
On December 18, 2024, Senators Mike Lee (R-UT) and Jeff Merkley (D-OR) introduced the bipartisan Auto Data Privacy and Autonomy Act (the...
/Passle/5fb3c068e5416a1144288bf8/SearchServiceImages/2024-12-23-17-50-47-766-6769a2f7237b4a42b39b4e9b.jpg)
On December 10, 2024, the federal government unsealed an indictment in federal court in Indiana, charging Chinese national Guan Tianfeng...
/Passle/5fb3c068e5416a1144288bf8/SearchServiceImages/2024-12-22-02-14-15-120-676775f7611d3ad079e13d19.jpg)
On December 18, 2024, the European Data Protection Board (EDPB) issued an opinion on personal data use in artificial intelligence (AI) in...
/Passle/5fb3c068e5416a1144288bf8/SearchServiceImages/2024-12-13-20-54-40-741-675c9f10e06e54924ecd3a9d.jpg)
On December 10, 2024, President-elect Donald Trump announced that FTC commissioner Andrew Ferguson will chair the agency, while...
/Passle/5fb3c068e5416a1144288bf8/SearchServiceImages/2024-12-13-14-18-35-559-675c423be06e54924ecc7e45.jpg)
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....
/Passle/5fb3c068e5416a1144288bf8/SearchServiceImages/2024-12-05-21-08-32-348-67521650543d00e4d8987093.jpg)
In 2024, there was much legislative activity in New York that affected the Private Wealth realm. A brief summary of the 2024 changes...
/Passle/5fb3c068e5416a1144288bf8/SearchServiceImages/2024-12-05-21-06-03-775-675215bb9d1b2f2128ba90ec.jpg)
Uniform Directed Trust Act and Uniform Fiduciary Income and Principal Act Become Effective As reported in Katten's 2023 Year-End...
/Passle/5fb3c068e5416a1144288bf8/SearchServiceImages/2024-12-05-21-05-27-505-67521597543d00e4d8986e94.jpg)
It has been back to business as usual for the Internal Revenue Service (IRS) and Department of the Treasury in 2024. US tax authorities...
/Passle/5fb3c068e5416a1144288bf8/SearchServiceImages/2024-12-05-21-07-24-028-6752160c543d00e4d8986ff9.jpg)
The following is a summary of some of the key legislative and judicial updates from Illinois in 2024. Control and Protection of Trust...
/Passle/5fb3c068e5416a1144288bf8/SearchServiceImages/2024-12-05-21-03-02-095-675215069d1b2f2128ba8ece.jpg)
The Setting Every Community Up for Retirement Enhancement Act of 2019 (the SECURE Act), was originally signed into law on December 20,...
/Passle/5fb3c068e5416a1144288bf8/SearchServiceImages/2024-12-05-21-04-24-314-67521558543d00e4d8986dd7.jpg)
President-Elect Donald Trump has not published a comprehensive tax plan as of the time of this writing, but he and Vice President-Elect...
/Passle/5fb3c068e5416a1144288bf8/SearchServiceImages/2024-12-05-21-01-59-552-675214c7fa1fda719169f0c9.jpg)
The "big ticket" item of the Tax Cuts and Jobs Act (TCJA) is the significant increase to the lifetime gift, estate and...
/Passle/5fb3c068e5416a1144288bf8/SearchServiceImages/2024-12-05-15-39-41-888-6751c93dfa1fda71916935e0.jpg)
Federal Estate, GST and Gift Tax Rates The federal estate, gift and GST applicable exclusion amounts are as summarized below. In simple...
/Passle/5fb3c068e5416a1144288bf8/SearchServiceImages/2024-12-05-21-10-51-817-675216dbfa1fda719169f6af.jpg)
Several legislative proposals and new laws have been introduced in Florida affecting Private Wealth. A brief summary of the 2024 changes...
/Passle/5fb3c068e5416a1144288bf8/SearchServiceImages/2024-12-05-21-09-51-028-6752169ffa1fda719169f61f.jpg)
It has been a quiet year in Texas on the Private Wealth front as the Texas State Legislature enjoyed its biennial recess. Nevertheless,...