In this Article, we provide a summary of recent developments impacting Connecticut estate planning and probate practice. In Part I, we discuss 2010 legislative developments. In Part II, we provide a survey of selected 2010 case law relevant to the field

We present an argument from micro-economic foundations suggesting that the federal Alternative Minimum Tax has potentially salutary – and heretofore unrecognized – effects that counteract pathologies of state budgets over the business cycle. AMT liability increases with income, and acts to...

In this Article, we provide a summary of recent developments impacting Connecticut estate planning and probate practice. In Part I, we discuss 2009 legislative developments. In Part II, we provide a survey of selected 2009 case law relevant to the field

We present an argument from micro-economic foundations suggesting that the federal Alternative Minimum Tax has potentially salutary – and heretofore unrecognized – effects that counteract pathologies of state budgets over the business cycle. AMT liability increases with income, and acts to...

As recent events illustrate, state finances are pro-cyclical: during recessions, state revenues crash, worsening the effects of economic downturns. This problem is well-known, yet persistent. We argue here that, in light of predictable federalism and political economy dynamics, states will be...

This is a companion piece to an article that carefully analyzes tuition tax credit scholarship programs now popular around the country. This article offers a model statute for states considering or improving such programs that addresses concerns raised in my previous article. The companion...

A proposal decouples NY from federal tax computations to tax billionaires on unrealized appreciation. If enacted, the proposal generates basis discontinuities across borders but enhances state revenue and may prove attractive to many states. The article reviews how states seek to enhance...

Tax deductions and tax credits for educational expenditures are proliferating across states. For example, in Minnesota taxpayers can deduct up to $1625 for elementary students or $2500 for secondary students for tuition, textbooks, transportation, academic summer camps, and summer school....

Fiscal disparities occur when economic resources and public service needs are unevenly distributed across localities. There are two equity concerns associated with fiscal disparities. First, as Yinger (1986) shows, it is not considered fair to require two otherwise-identical households to pay a...

This Article provides a summary of recent developments affecting Connecticut estate planning and probate practice. Part I discusses 2014 legislative developments. Part II surveys selected 2014 case law relevant to the field