Around the Water Cooler this morning, we look at decanting (of trusts, not wine), a fascinating story of business succession done well from Canada, the 100th anniversary of the estate tax and September interest rates.

On August 2, 2016, the IRS issued proposed regulations which would eliminate a common estate tax planning technique for transfers of ownership interests in family-controlled entities, like family limited partnerships and family limited liability companies.  Holly Bastian and Lynn Pearle describe the proposed regulations and the impact on planning in Lexology.

Leah McElmoyl describes “

Around the water cooler this morning, there are articles on charitable remainder trusts, the net investment income tax, and a dispute brewing over the estate of Frank Zappa.

Amber Curto and Phil Jang in the National Review and Brude Udell in Kiplinger’s, examine the use of charitable remainder trusts.

In NIIT Again!, Keith