¹For a discussion of the JGTRRA tax rate changes, see Hegt, JGTRRA Cuts Rates, Increases Some Deductions and Credits,  this issue.

² Rev. Proc. 2002-70, IRB 2002-46, 845.

³These jurisdictions are: Kansas, Maine, Maryland, Massachusetts, Minnesota, Nebraska, New Jersey, New York, North Carolina, Oregon, Pennsylvania, Rhode Island, Vermont, Virginia, Washington, Wisconsin and the District of Columbia. The Illinois legislature voted to decouple on June 2, 2003; the bill awaits the governors signature at press time.

⁴For further discussion, see Whitlock and Vogel, Split-Dollar Life Insurance Alert!, 34 The Tax Adviser 479 (August 2003).

⁵TD 9032.

⁶Notice 2003-33, IRB 2003-23, 990; see Scarpa, Tax Clinic, Electing to Treat a Revocable Trust as Part of an Estate, 34 The Tax Adviser 455 (August 2003).

⁷Rev. Rul. 2002-39, IRB 2002-27, 33.

⁸Rev. Rul. 2002-86, IRB 2002-52, 993.

⁹Rev. Rul. 2003-13, IRB 2003-4, 305

¹⁰Rev. Rul. 2003-40, IRB 2003-17, 813.

¹¹Rev. Proc. 2003-42, IRB 2003-23, 993.

¹²Notice 2003-19, IRB 2003-14, 703.

¹³See note 8, supra.

¹⁴Audrey J. Walton, 115 TC 589 (2000); see Whitlock and McNamara, Significant Recent Developments in Estate Planning (Part II), 32 The Tax Adviser 618 (September 2001).

¹⁵Patricia A. Schott, 319 F3d 1203 (9th Cir. 2003); see Tax Trends, Qualified Annuity Can be Based on Two Lives, 34 The Tax Adviser 297 (May 2003).

¹⁶William A. Cook, 269 F3d 854 (7th Cir. 2001).

¹⁷IRS Letter Ruling (TAM) 200319001 (12/17/02).

¹⁸Est. of Duilio Costanza, 320 F3d 595 (6th Cir. 2003).

¹⁹Est. of Albert Strangi, TC Memo 2003-145.

²⁰Est. of Morton B. Harper, TC Memo 2002-121.

²¹Est. of Theodore Thompson, TC Memo 2002-246.

²²Blaine P. Kerr, 113 TC 449 (1999), affd, 292 F3d 490 (5th Cir. 2002).

²³Est. of Charles Reichardt, 114 TC 144 (2000).

²⁴Est. of Albert Strangi, 115 TC 478 (2000).

²⁵Rosalie Gulig, on Behalf of Est. of Albert Strangi, 293 F3d 279 (5th Cir. 2002).

²⁶See note 19, supra.

²⁷For more details, see Pannese, Tax Clinic, Tax Court Upholds FLP Disallowance, 33 The Tax Adviser 628 (October 2002).

²⁸For a discussion, see Olshin, Tax Clinic, Sec. 2036 and FLPs, 34 The Tax Adviser 191 (April 2003).

²⁹David A. Kimbell, Sr., 244 FSupp2d 700 (ND TX 2003).

³⁰Charles T. McCord, Jr., 120 TC No. 13 (2003).

³¹See Frederic W. Proctor, 142 F2d 824 (4th Cir. 1944).

³²Est. of Melvin Atkinson, 309 F3d 1290 (11th Cir. 2002).

³³Est. of Ralph Davis, TC Memo 2003-55.

³⁴ Betty R. Brown, 329 F3d 664 (9th Cir. 2003).

³⁵Est. of Robert Sansone, 36 Fed. Appx. 603 (9th Cir. 2002).

³⁶Generally, to qualify the remainder interest for a charitable deduction, it must take the form of either a CRAT or a charitable remainder unitrust. Sec. 664, which defies such trusts, does not permit the noncharitable payment to fluctuate. Thus, the inclusion of the cost-of-living language tainted the charitable deduction.

³⁷Rev. Rul. 2003-61, IRB 2003-24, 1015.

³⁸Est. of Constance Grant, 294 F3d 352 (2d Cir. 2002).

³⁹Succession of Betty Helis, 52 Fed. Cl. 745 (2002), remd, 7/12/02.

⁴⁰IR 2003-77 (6/13/03).

⁴¹IRS Letter Ruling 200323010 (2/19/03).

⁴²Rev. Proc. 2001-38, 2001-1 CB 1335.

⁴³Similarly, the IRS National Office continues to be very understanding in granting Regs. Sec. 301.9100 relief to practitioners who failed to timely allocate GST exclusions on gift tax returns. The AICPA Trust, Estate and Gift Tax TRP will be encouraging the IRS to issue guidance in the form of a revenue procedure or revenue ruling to further streamline or simplify the process of correcting GST errors.

⁴⁴Sandra L. Craft, 122 SCt 1414 (2002).

⁴⁵Elbert L. Hatchett, 6th Cir., 6/4/03.