Table Of Content

CUMULATIVE INDEX This index includes all the material published in Estate PLANNING, Volume 24 Administration Post-Employment Health Coverage for Payment of Estate Taxes, Rules CA-6, S.Ct. in Hubert Fails to Provide Needed Executives and Their Families, by 24 EP 127, Mar/Apr97 Guidance, by Jerald David August and Jonathan W. Harris, 24 EP 59, Feb97 Stock Subject to Sale to Third Party James J. Freeland, 24 EP 299, Failed to Qualify for QTIP Treatment, Aug/Sept97 Current Literature 24 EP 437, Nov97 Business Insurance Analyzed in New Sums Received in Negligence Actions Charitable Contributions Book, 24 EP 294, July97 Included in Estate, 24 EP 285, July97 Charitable Lead Trusts Offer Tax and .Comprehensive New Estate Planning Taxpayers Liable for Gain on Nontax Benefits, by Edward N. Treatise, 24 EP 453, Nov97 Appreciated Stock Transferred to Polisher and Edward Kessel, 24 EP New Book Analyzes Choice of Entity, Charities, 24 EP 325, Aug/Sept97 114, Mar/Apr97 24 EP 453, Nov97 Verbal Disclaimer Was Held Not Valid, 24 EP 286, July97 Choosing the Trustee of a Charitable New Handbook Analyzes Long-Term Remainder Trust, by Michael G. May, Care, 24 EP 141, Mar/Apr97 24 EP 172, May97 Revocable Living Trusts Examined in Drafting Suggestions Comparing a Charitable Remainder New Book, 24 EP 294, July97 Designing and Drafting Charitable Trust With an Outright Sale, by Louis Remainder Trusts After TRA ‘97, 24 H. Hamel, Jr., 24 EP 216, June97 Current Tax Developments EP 490, Dec97 Pooled Income Funds: A Good Vehicle Administration Expenses Do Not Up-Stream Planning for Baby Boomers, for Smaller Charitable Gifts, by John Reduce Marital or Charitable 24 EP 243, June97 H. Clymer, 24 EP 310, Aug/Sept97 Deductions, Holds S.Ct. in Hubert, 24 Prop. CRT Regs. Permit Flip Unitrusts EP 247, June97 Elder Law but Tighten Other Provisions, by John Alimony Arrearages to Mother’s Estate Supreme Court Upholds State Statutes H. Gardner and Dale R. Baumann, 24 Taxable to Sons, 24 EP 183, May97 Barring Physician-Assisted Suicide, 24 EP 358, Oct97 Decedent’s Estate Includes Value of Five EP 392, Oct97 Supporting Organizations: A Good and Five Power, 24 EP 132, Alternative to Private Foundations, by Mar/Apr97 The Elderly ‘ Gerald B. Treacy, Jr., 24 EP 17, Jan97 Discount for Minority General Substituted Judgment: Medical and Partnership Interest Allowed, 24 EP Financial Decisions by Guardians, by Charitable Giving 34, Jan97 Elizabeth G. Clark, 24 EP 66, Feb97 Charitable Planning With Life Equitable Tolling of Statute of Who Will Ensure That a Patient’s Living Insurance, 24 EP 77, Feb97 Limitations Not Allowed for Refund Will Is Enforced?, by Julian S. Bush, New Tax Law Restores Favorable Claims, Rules $.Ct., 24 EP 282, July97 24 EP 195, June97 Treatment for Gifts of Appreciated Gifts Made by Attorney-in-Fact Stock to Private Foundations, 24 EP Excluded From Estate, 24 EP 330, Estate Planning 389, Oct97 Aug/Sept97 Steps.to Take When Stolen Art Work Is Income From Partnerships Was UBTI, Found in an Estate, by Robert E. Closely Held Businesses Causing Taxation of All CRUT Madden, 24 EP 459, Dec97 Planning for the Family-Owned Business Income, 24 EP 179, May97 Strategies After TRA ‘97 for Clients Exclusion Under TRA ‘97, by Andrew Interest on Loan to Pay Estate Tax Was With Highly Appreciated Stock, by M. Katzenstein and Lisa C. McArthur, Deductible, 24 EP 36, Jan97 John A. Hartog, 24 EP 414, Nov97 24 EP 465, Dec97 Intrafamily Sale of Remainder Was Bona Fide, 24 EP 440, Nov97 Estate Tax Closely Held Businesses and Life Insurance Was Not Included in Insured’s Estate, 24 EP 181, May97 Reconciling Diverse Authorities on Sales Valuation Marital Deduction Disallowed due to of Remainder Interests, by Joseph C. Family Limited Partnerships: Meet Condition Subsequent, 24 EP 129, Kempe, 24 EP 119, Mar/Apr97 Section 2703, 24 EP 235, June97 Mar/Apr97 Taxpayers’ Appraisers in a Tax Court Marital Deduction Not Reduced by From Howard M. Zaritsky Slump, 24 EP 90, Feb97 Secured Debts, 24 EP 327, Aug/Sept97 Gifts for a Disabled Donor: Choose Valuing Undivided Interests: A New New Tax Law Raises Unified Credit and Your Weapons, but Do Not Go Approach to an Old Problem, 24 EP 495, Dec97 Provides Relief for Small Businesses, Unarmed, 24 EP 456, Nov97 24 EP 397, Oct97 Mésdefined Term Impedes Ability of Post-Death Events Considered in New Ruling to Simplify End-of-Year Compensation Determining Claim, 24 EP 443, Nov97 Gifts Made by Check, 24 EP 144, New Developments Create Opportunities Reasonable Certainty of Death Mar/Apr97 via Gifts of Stock Options, by Daniel Prevented Use of Actuarial Tables for On Avoiding the Cutting Edge, 24 EP H. Markstein, III, and L. Wayne Valuation, 24 EP 33, Jan97 48, Jan97 Pressgrove, Jr., 24 EP 403, Nov97 State Apportionment Statute Controlled Sauce for the Goose? IRS Rejects 502 CUMULATIVE INDEX This index includes all the material published in Estate PLANNING, Volume 24 Administration Post-Employment Health Coverage for Payment of Estate Taxes, Rules CA-6, S.Ct. in Hubert Fails to Provide Needed Executives and Their Families, by 24 EP 127, Mar/Apr97 Guidance, by Jerald David August and Jonathan W. Harris, 24 EP 59, Feb97 Stock Subject to Sale to Third Party James J. Freeland, 24 EP 299, Failed to Qualify for QTIP Treatment, Aug/Sept97 Current Literature 24 EP 437, Nov97 Business Insurance Analyzed in New Sums Received in Negligence Actions Charitable Contributions Book, 24 EP 294, July97 Included in Estate, 24 EP 285, July97 Charitable Lead Trusts Offer Tax and .Comprehensive New Estate Planning Taxpayers Liable for Gain on Nontax Benefits, by Edward N. Treatise, 24 EP 453, Nov97 Appreciated Stock Transferred to Polisher and Edward Kessel, 24 EP New Book Analyzes Choice of Entity, Charities, 24 EP 325, Aug/Sept97 114, Mar/Apr97 24 EP 453, Nov97 Verbal Disclaimer Was Held Not Valid, 24 EP 286, July97 Choosing the Trustee of a Charitable New Handbook Analyzes Long-Term Remainder Trust, by Michael G. May, Care, 24 EP 141, Mar/Apr97 24 EP 172, May97 Revocable Living Trusts Examined in Drafting Suggestions Comparing a Charitable Remainder New Book, 24 EP 294, July97 Designing and Drafting Charitable Trust With an Outright Sale, by Louis Remainder Trusts After TRA ‘97, 24 H. Hamel, Jr., 24 EP 216, June97 Current Tax Developments EP 490, Dec97 Pooled Income Funds: A Good Vehicle Administration Expenses Do Not Up-Stream Planning for Baby Boomers, for Smaller Charitable Gifts, by John Reduce Marital or Charitable 24 EP 243, June97 H. Clymer, 24 EP 310, Aug/Sept97 Deductions, Holds S.Ct. in Hubert, 24 Prop. CRT Regs. Permit Flip Unitrusts EP 247, June97 Elder Law but Tighten Other Provisions, by John Alimony Arrearages to Mother’s Estate Supreme Court Upholds State Statutes H. Gardner and Dale R. Baumann, 24 Taxable to Sons, 24 EP 183, May97 Barring Physician-Assisted Suicide, 24 EP 358, Oct97 Decedent’s Estate Includes Value of Five EP 392, Oct97 Supporting Organizations: A Good and Five Power, 24 EP 132, Alternative to Private Foundations, by Mar/Apr97 The Elderly ‘ Gerald B. Treacy, Jr., 24 EP 17, Jan97 Discount for Minority General Substituted Judgment: Medical and Partnership Interest Allowed, 24 EP Financial Decisions by Guardians, by Charitable Giving 34, Jan97 Elizabeth G. Clark, 24 EP 66, Feb97 Charitable Planning With Life Equitable Tolling of Statute of Who Will Ensure That a Patient’s Living Insurance, 24 EP 77, Feb97 Limitations Not Allowed for Refund Will Is Enforced?, by Julian S. Bush, New Tax Law Restores Favorable Claims, Rules $.Ct., 24 EP 282, July97 24 EP 195, June97 Treatment for Gifts of Appreciated Gifts Made by Attorney-in-Fact Stock to Private Foundations, 24 EP Excluded From Estate, 24 EP 330, Estate Planning 389, Oct97 Aug/Sept97 Steps.to Take When Stolen Art Work Is Income From Partnerships Was UBTI, Found in an Estate, by Robert E. Closely Held Businesses Causing Taxation of All CRUT Madden, 24 EP 459, Dec97 Planning for the Family-Owned Business Income, 24 EP 179, May97 Strategies After TRA ‘97 for Clients Exclusion Under TRA ‘97, by Andrew Interest on Loan to Pay Estate Tax Was With Highly Appreciated Stock, by M. Katzenstein and Lisa C. McArthur, Deductible, 24 EP 36, Jan97 John A. Hartog, 24 EP 414, Nov97 24 EP 465, Dec97 Intrafamily Sale of Remainder Was Bona Fide, 24 EP 440, Nov97 Estate Tax Closely Held Businesses and Life Insurance Was Not Included in Insured’s Estate, 24 EP 181, May97 Reconciling Diverse Authorities on Sales Valuation Marital Deduction Disallowed due to of Remainder Interests, by Joseph C. Family Limited Partnerships: Meet Condition Subsequent, 24 EP 129, Kempe, 24 EP 119, Mar/Apr97 Section 2703, 24 EP 235, June97 Mar/Apr97 Taxpayers’ Appraisers in a Tax Court Marital Deduction Not Reduced by From Howard M. Zaritsky Slump, 24 EP 90, Feb97 Secured Debts, 24 EP 327, Aug/Sept97 Gifts for a Disabled Donor: Choose Valuing Undivided Interests: A New New Tax Law Raises Unified Credit and Your Weapons, but Do Not Go Approach to an Old Problem, 24 EP 495, Dec97 Provides Relief for Small Businesses, Unarmed, 24 EP 456, Nov97 24 EP 397, Oct97 Mésdefined Term Impedes Ability of Post-Death Events Considered in New Ruling to Simplify End-of-Year Compensation Determining Claim, 24 EP 443, Nov97 Gifts Made by Check, 24 EP 144, New Developments Create Opportunities Reasonable Certainty of Death Mar/Apr97 via Gifts of Stock Options, by Daniel Prevented Use of Actuarial Tables for On Avoiding the Cutting Edge, 24 EP H. Markstein, III, and L. Wayne Valuation, 24 EP 33, Jan97 48, Jan97 Pressgrove, Jr., 24 EP 403, Nov97 State Apportionment Statute Controlled Sauce for the Goose? IRS Rejects 502 Discount Based on Aggregating Medicaid by Bruce L. Stout, 24 EP 269, Separate Gifts, 24 EP 344, Aug/Sept97 A Creative Strategy for Protecting the July97 When Can an Estate Deduct Expenses of Home for Medicaid Purposes, by Maintaining and Selling the Decedent’s Alexander A. Bove, Jr., 24 EP 22, Retirement Planning Residence?, 24 EP 248, June97 Jan97 A Marriage of Convenience: The Credit Using a CRAT to Pay for Long-Term Shelter Trust and Qualified Plan and Generation-Skipping Tax Care Insurance, by Brian E. Barreira, IRA Benefits, 24 EP 83, Feb97 Allocating a Client’s GST Exemption 24 EP 99, Mar/Apr97 Most Effectively, by Michael D. Retirement Plans Mulligan, 24 EP 147, May97 New Fiduciary Decisions Informed Consent by Spouse Necessary Impact of Generation-Skipping Tax on Analyzing Eligibility for Medicaid to Waive Plan Benefits, by Mervin M. Life Insurance Trusts, by Robert J. Benefits, 24 EP 499, Dec97 Wilf, 24 EP 251, July97 Adler, 24 EP 105, Mar/Apr97 Antenuptial Agreement and Conflicts of Naming Children as Beneficiaries of Law, 24 EP 42, Jan97 Retirement Plan Assets, by Martin Insurance Trends and Topics Breach of Fiduciary Duty as Silfen, 24 EP 163, May97 Independent Tort, 24 EP 500, Dec97 New Laws Make Broad Changes in The Advantages of Transferring Low- Breach of Fiduciary Duty: Independent Retirement Plans and IRAs, by Noel C. Yielding Assets Into an Annuity and Tort, 24 EP 42, Jan97 Ice, 24 EP 8, Jan97 Life Insurance, 24 EP 334, Aug/Sept97 Breach of Fiduciary Duty: Retaining Postmortem Strategies to Shift A Checklist of Steps to Help Protect Stock, 24 EP 449, Nov97 Retirement Plan Assets to the Spouse, You From an Errors and Omissions Creditors’ Claims Against IRA Denied, by Bruce D. Steiner, 24 EP 369, Oct97 Lawsuit, 24 EP 135, Mar/Apr97 24 EP 42, Jan97 < Recent Developments Highlight Plan Congressional Leaders Continue to Due Process and Notice to Creditors, 24 and IRA Beneficiary Designations, by Focus Attention on Estate Tax EP 451, Nov97 Karl W. Schettenhelm, Jr., 24 EP 274, Reform, 24 EP 290, July97 Exercise of Power of Appointment July97 Details of the Mutual Benefit Settlement, Upheld, 24 EP 139, Mar/Apr97 Should Retirement Distributions Be 24 EP 137, Mar/Apr97 Impact of S/L on Legal Malpractice, 24 Accelerated or Deferred?, by Richard Insurers Continue to Reduce Realty EP 188, May97 S. Franklin, 24 EP 257, July97 Holdings, 24 EP 291, July97 Limits of Equitable Adoption Doctrine, Life Insurance Policies With Contractual 24 EP 95, Feb97 Software Review Maturity Beyond Age 100 More Privacy of Revocable Trust Agreements, BNA 706 Preparer for Windows Speeds Widely Available, 24 EP 186, May97 24 EP 501, Dec97 Automated Preparation of Estate Tax Major New Developments Result in Reforming a Trust due to Scrivener’s Returns, 24 EP 190, May97 Banks Actively Selling Life Insurance, Error, 24 EP 449, Nov97 Intuitive Estate Planner Performs a 24 EP 39, Jan97 Rights of Inheritance Determined by Wide Range of Calculations and New Model Regulation for Illustrations, Courts, 24 EP 292, July97 Planning Functions, 24 EP 398, Oct97 24 EP 187, May97 Sale by Attorney-in-Fact and Lackner 6-in-1 LITE Estate Product Guarantees for Universal Life Ademption, 24 EP 43, Jan97 Administration System Simplifies Bring This Policy Form Closer to Settlor as Trustee of Revocable Trust, Accounting, Tax Returns, 24 EP 45, Whole Life, 24 EP 447, Nov97 24 EP 95, Feb97 : Jan97 Split-Dollar Update, 24 EP 291, July97 Slayer Statute and Joint Tenancy, 24 EP U.S. Trust’s Practical Drafting Now Variable Annuities Add Provisions to 500, Dec97 Available on CD-ROM, 24 EP 341, Increase Liquidity, 24 EP 336, Standing to Sue Charitable Trustee, 24 Aug/Sept97 Aug/Sept97 EP 450, Nov97 Statutes Governing Spouse’s Forced TRA ’97 Share, 24 EP 339, Aug/Sept97 International Planning Testamentary Trusts and Medicaid Apparent Drafting Error in TRA ‘97 Estate Tax Planning for Nonresident Eligibility, 24 EP 96, Feb97 Creates Problem for Estates Selling Alien Business Owners, by Scott G, Trust Creation; QPRT; Revocable Trust, Appreciated Property, 24 EP 488, Dec97 Miller, 24 EP 377, Oct97 24 EP 138, Mar/Apr97 Planning Impact of New Expatriation Will Contests and Testamentary Trusts and Foreign Trust Tax Rules, by Leslie Capacity, 24 EP 337, Aug/Sept97 Despite IRS Disagreement, TC Confirms A. Share, 24 EP 51, Feb97 Approval of Crummey Powers, by U.S. Tax Planning for International Partnerships Rocco J. Labella and Sean M. Charitable Giving, by Richard A. Transferring a General Partnership Aylward, 24 EP 475, Dec97 Cassell, 24 EP 423, Nov97 Interest to a Living Trust, by Paul L. How Individual Trustees Can Avoid Liability and Breaches of Trust, by G. Vogel, 24 EP 210, June97 Life Insurance Michael Richwine, 24 EP 481, Dec97 New Alaska Trust Act Provides Many Changes Affecting Life Insurance Practice Estate Planning Opportunities, by Enacted by New Laws, by Kevin D. How to Use the Internet for Estate Jonathan G. Blattmachr, Richard S. Millard, 24 EP 3, Jan97 Planning and Tax Research, by Thwaites, Jr., and Howard M. Reverse Split-Dollar Life Insurance: Kenneth P. Barczak, 24 EP 430, Zaritsky, 24 EP 347, Oct97 What Are the Tax Effects?, by Thomas Nov97 State Income Taxation of Trusts: New C. Bilello, 24 EP 27, Jan97 Tips for Using the Internet to Best Case Creates Uncertainty, by M. Read Advantage, by Kenneth P. Barczak, 24 Moore and Amy L. Silliman, 24 EP Marital Deduction EP 384, Oct97 200, June97 New Regulations Approve Use of Structuring GRATs Under the Section Contingent QTIPs, by Lawrence Probate 7520 Regulations, by Charles F. Newman and Albert Kalter, 24 EP Planning for Possible Pretermitted Newlin and Gwendolyn S. Andrey, 24 265, July97 Children and Pretermitted Spouses, EP 156, May97 DECEMBER 1997 VOL 24 / NO 10 CUMULATIVE INDEX What Powers Can a Donor Retain Over G. Michael Richwine 481 Bruce D. Steiner 369 Transferred Property?, by Darin N. Debra A. Robinson 223 ~—sC Bruce L.. Stout 269 Digby, 24 EP 318, Aug/Sept97 Howard J. Saks 39, 135, 186, 290, 334, Richard S. Thwaites, Jr. 347 ; : ms Gerald B. Treacy, Jr. 17 Valuation Karl W. ger Jr. 27 Paul L. Vogel 210 Impact ofV aluation Discounts on Estate — T. oep aced in Pa Ronald R. Volkmer 42, 95, 138, 188, and Income Tax Basis, by Debra A. San ‘or J. Schlesinger 1,38 292. 337. 449. 499 Robinson and Edward J. Rappaport, Leslie A. Share 51 er ae 24 EP 223, June97 Nancy Shurtz 141, 294,453 Mervin M. Wilf 251 Martin Silfen 163 Howard M. Zaritsky 48, 144, 248, 344, Washin. gton Watch Amy L. Scialll;l ima. n 29 00 3477, 456 Legislative Prospects After the 1996 Elections, 24 EP 74, Feb97 Statement of Ownership, Management, and Circulation Menus of Legislative and Administrative (Required by 39 U.S.C. 3685) Actions Taking Shape, 24 EP 231, 7. Publication Title 2. Publication No 3. Filing Date 97 June Estate Planning 0997-140 10/1/97 4. Issue Frequency - Monthly except |5. No. of Issues Published 6. Annual Subscription Price AUTHOR INDEX Bi-Monthly in March and August Annually 10 $225.00 Robert J. Adler 105 7. Complete Mailing Address of Known Office of Publication Contact Person Gwendolyn S. Andrey 156. Kim Morbey Ronald D Aucutt 231 31 St. James Ave., Boston, Suffolk , MA 02116-4112 Te# (l617 ) 292-8295 Jerald David- August 299 8. Complete Mailing Address of Headquarters or General Business Office Sean M. Aylward 475 Same as above KP ae nne 2 th P>. BaF errerez a k 430 T9. FSull Names and Complete Mailing Address of Publisher, Editor, and Managing Brian E. Barreira 99 Dale R. Baumann 358 Warren, Gorham & Lamont, a division of RIA Group, 31 St. James Ave., Boston, MA 02116-4112 Anne C. Bederka 341 Editor Frank S. Berall 488 Charis Emiey, 90 Fifth Avenue, New York, NY 10011 Thomas C. Bilello 27 Managing Editor Jonathan G. Blattmachr 347 John A. Bogdanski 90, 495 John Ensminger, 90 Fifth Avenue, New York, NY 10011 (OWN i ieee rt ee oe ee Alexander A. Bove, Jr. 22 Full Name Complete Mailing Address Julian S. Bush 195 Richard A. Cassell 423 Elizabeth G. Clark 66 Thomson Information Services Inc., 22 Pittsburgh St., Boston, MA 02210 11. Known Bondholders, Mortgagees, and Other Security Holders Owning or Holding 1 Percent or More John H. Clymer 310 of Total Amount of Bonds, Mortgages or Other Securities Darin N. Digby 318 John P. Edgar 33 David M. English 392 ' os oe as 4 Thomson Holdings Inc., 1 Station Place, Stamford CT 06902 Richard S. Franklin 257 12. For Completion by Non-Profit Organizations: N/A James J. Freeland 299 John H. Gardner 358 13. Publication Title 14. Issue Date for Circulation Data Below Louis H. Hamel, Jr. 216 h W H aa 59 Estate Planning August/September 1997 Jonat an : arris F 15. Extent and Nature of Circulation Average No. Copies Each Issue Actual No. Copies ofS ingle Issue John A. Hartog 414 During Preceding 12 Months Published Nearest to Filing Date Lisa H.R. Hayes 127, 179, 282, 325,437 f. TotalN umboefC orpi es( Netp resr un ee Edward G. Hei4 lman 398 oo 13700 David R. Hodgman 243, 490 (1)Sales through Dealers andC arriers 0 Albert K7a lter 265 c 2)Paid or ReSquSes ted Mai—l —Sub: e i 12240 Andrew M. Katzenstein 465 ic. Total Paid and/or Requested Circulation Donald H. Kelley 45, 190 Joseph C. Kempe 1 1 9 id. Free Distribution by Mail 5 i Edward Kessel 114 le. Free Distribution Outside the Mail Rocco J. Labella 475 ae gs Robert E.M adden 25), 197: 179, f. Total FreeD istribution (sum of 15d and 15e) 5 1 282, 325, 437, 459 an MLiicsah aCe.l MGeA Mrtahyu r 4{7625 a(1)Offince Usei, Leftovters, Sp oiled 1543 1459. Kevin D. Millard 3 i. Total (sum of 15g, 15h(1a)n d 15h(2) 13700 Scott G. Miller 3 oie Percent Paid and/or Requested Circulation 100% M. Read Moore 83, 200 16. This Statement of Ownership will be printed in the December 1997 Michael D. Mulligan 147 oe Sameer armen : " Charles F=. Newlin. 156 . Signature a> nd Titlea o!e i tor, : isher, Business ManagerY,D or UfO wner rate oles/9 Lawrence Newman 265 nor Abi 7 eil97 Edwa rd N . Pol is her 1 1 4 Feenify _a ll eee — on wae — is true and complete. | understand that anyone who a false or misleading L Ww si P e 403 information on this form or who omits material or information requested on the form may be subject to criminal sanctions Ed. warady neJ . Rraepspsagrpoovr te , jc. 223 (PiSnc luFdoinrgm fin3e5s 2a6n,d iSmepprits on1m9e9n5t) Faandc/soir mciilviel sanctions (including multiple damages and civil penalties). ESTATE PLANNING DECEMBER 1997 VOt 24 / NO £0 ®