Legislature Attempts to Reverse State Supreme Court's Bracken Decision

Earlier this year, the Washington state legislature made changes to the Washington state estate tax designed to limit the impact of the Bracken decision. The legislature made other changes to the state estate tax, which have been discussed in a previous post. In re Estate of Bracken, 175 Wn.2d 549 (2012) involved a husband whose Will directed a portion of … Continue reading »

Planning for Community Property: A Primer for the Other 40½ States

For otherwise savvy planners practicing outside the community property states – Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, Wisconsin, and since 1998, Alaska, under a nonmandatory “elective” regime [1] – community property is often the largest “blind spot” in their practices. Although no one seems to keep statistics about this sort of thing, it would not be at … Continue reading »