News

Firm Recognition:

We are pleased to have been recognized for the quality of our work by the following:

U.S. News & World Report- Best Law Firms® - Our firm received a Tier One (highest) Regional ranking in its 2018 Edition of "Best Law Firms" for both Trusts & Estates Law and Tax Law. 

Michael Karlin was elected on May 1 as one of 13 new Fellows of the American College of Tax Counsel, a group of America’s leading tax lawyers, with membership reserved for no more than 700 tax lawyers nationwide who have made an exceptional contribution to their chosen profession. 

Who’s Who Legal Private Client 2019 listed Michael Karlin as one of just seven private client lawyers recognized in California

Jane Peebles is a Fellow of the American College of Trust and Estate Counsel (ACTEC). 

Jane Peebles has again been voted by her peers as a Best Lawyer in America in Trusts and Estates for the 12th year in a row.

Our Southern California Super Lawyers

  • Jane Peebles is a Super Lawyer in the field of estate planning, Michael Karlin is a Super Lawyer in the field of Taxation, and Thomas Giordano is a Super Lawyer Rising Star.  Super Lawyers is a rating service of outstanding lawyers from more than 70 practice areas who have attained a high-degree of peer recognition and professional achievement. The selection process is multi-phased and includes independent research, peer nominations, and peer evaluations.  The objective of Super Lawyers is to create a comprehensive, credible, and diverse listing of dynamic attorneys that can be used as a resource for consumers and attorneys searching for outstanding legal counsel.

Other News

November 2020  Jane Peebles will present on U.S. Tax rules regarding cross-border grant making at the International Fundraising Across Borders online conference on November 18, 2020 to November 20, 2020.

October 2, 2020 - Michael Karlin moderated a panel at the online Fall meeting of the American Bar Association Section of Taxation entitled "Tax Residence and Nexus in the Time of the Plague", speaking with Heather Ripley of Alston & Bird and joined by Jim Wang, Attorney-Advisor, U.S. Department of Treasury and Lara Banjanin of the Office of Associate Chief Counsel (International), Branch 1, Internal Revenue Service.  The slides from the panel will be available in early November.

September 29, 2020 -  Michael Karlin was quoted extensively in a Tax Notes news story concerning the consulting fees paid to Ivanka Trump and allegedly deducted on President Trump's tax returns.

August 17, 2020 - Michael Karlin and Stanley Ruchelman of Ruchelman P.L.L.C. published a comprehensive guide to the issues for non-U.S. persons acquiring a personal use residence in the United States.  The article is available here.

June 25, 2020 - Jane Peebles presented at the Western Regional Planned Giving Conference in Costa Mesa, on Retirement Planning With Charitable Remainder Trusts and Charitable Gift Annuities.

May 12, 2020 - Jane Peebles taught her course in Cross-Border Philanthropy for the Certified Specialist in Planned Giving program at Cal State Long Beach for the 18th year.

May 8, 2020  Michael Karlin has been elected as one of 13 new Fellows of the American College of Tax Counsel, a group of America’s leading tax lawyers. Membership is reserved for tax lawyers who have made an exceptional contribution to their chosen profession. Fellows must be nominated for the honor of membership and must then undergo a rigorous screening process prior to being elected as Fellows of the College.

May 1, 2020 – Michael Karlin has established the “Tax Residence and Coronavirus Working Group”, a group of over 70 prominent international tax lawyers and accountants advocating for action by the Treasury Department and the IRS to provide relief to non-U.S. individuals unable to leave the United States due to the coronavirus pandemic and who may involuntarily become U.S. residents and subject to other tax burdens.  Following the release by the IRS of Revenue Procedures 2020-20 and 2020-27 and some FAQs, the group has held a Zoom meeting with government representatives and will shortly be submitting comments on several issues.  If you are a tax professional and would like to participate, please contact Michael Karlin.

March 24, 2020 - Jane Peebles and Jeannette Yazedjian presented at the CEB-UCLA Estate Planning Institute regarding international estate planning.

March 22, 2020 - Michael Karlin, on behalf of the Los Angeles International Tax Club, submitted a letter to Treasury, IRS and Congress, requesting guidance on IRC section 7701(b) definition of resident alien to allow aliens to exclude days of presence during national emergency and to expand medical condition exception.  The letter is available here

January 15, 2020 - Michael Karlin and Bianca Ko presented “U.S. Houses and Other Private Use Assets Held by Non-resident Aliens in the United States” to a meeting of the STEP Los Angeles branch

2019

Jane Peebles spoke at the November 20 meeting of the Los Angeles Estate Planning Council on Retirement Planning with Charitable Remainder Trusts and Charitable Gift Annuities.

Thomas Giordano and Jacqueline Yu presented on November 12 at the Beverly Hills Bar Association and on November 14 at the South Bay Bar Association Probate Section luncheon on the topic of U.S. income, estate and gift taxation of foreign persons.

Maria-Soledad Otero and Jeannette Yazedjian published an article, “Trust But Verify: The Taxation of Foreign Beneficiaries of U.S. Trusts” published in University of Southern California Gould School of Law 71st Tax Institute – Major Tax Planning 2019 2-1.

Thomas Giordano participated in the third and final installment in the series “International Aspects of Tax Cuts and Jobs Act 2017” for the Taxation Section of the California Lawyers Association.  This session focused on repatriation planning with the new participation exemption as well as changes in the foreign tax credit regime and previously taxed earnings and profits regime.

Jeannette Yazedjian presented at Macfarlanes International Lawyers’ Gathering on “High-Net- Worth Individuals on the Move: The Impact on Corporate and Trust Residence” in London, UK on October 3.