Assisted lawyers and accountants nationwide in obtaining difficult rulings, audit results, or other favorable outcomes from the Internal Revenue Service.
Represented four generations of family members in estate planning, estate administration, trust administration, investment management, construction projects, real estate issues, alternative energy issues, family business succession, charitable giving and other matters for over 30 years.
Obtained permission from the IRS to file a Form 8939, Allocation of Increase in Basis for Property Acquired From a Decedent, after its January 17, 2012, due date.
Assisted in the formation of private trust companies despite the lack of Treasury-IRS guidance.
Obtained letter rulings from the Internal Revenue Service to facilitate the division, reformation, or early termination of long-term trusts with assets valued in excess of $100 million.
Bloomberg Quotes Michael Barker, Andrea Chomakos on N.C. Trust Tax SCOTUS Case
April 19, 2019
Bloomberg Tax Quotes Michael Barker on Sanders’ Proposed Estate Tax Hike
February 8, 2019
Forbes Quotes Ron Aucutt on SCOTUS Hearing of Trust Industry Income Tax Issue
January 22, 2019
N.C. Supreme Court: Income Taxation of Out-of-State Trust Is Unconstitutional
June 18, 2018
Update: Further Changes Announced to the Non-Domiciles Regime
August 31, 2016
UK Budget Residential Property Alert - March 2016
March 24, 2016
North Carolina Changes Trust Code and Permits “Living Probate”
August 19, 2015
Trends and Developments in Fiduciary Law