Winthrop & Weinstine will be attending the American Bar Association’s (ABA) Section of Taxation. This is the premier event for lawyers interested in all aspects of tax law.  Join us in Washington, DC to learn from and meet with the country’s leading tax lawyers and government officials, discussing the latest federal, state, and local tax policies and more.

We will be participating on the following panel:

Sale, Exchange, and Basis Consequences of Dividing Properties
May 10 | 10:30 am
Vanessa Runtsch | Panelist

There are many forms of property division. Real estate lots may be subdivided or divided for purposes of depreciation; property may be divided into present and future interests (both using trusts and otherwise); income may be stripped from underlying assets; classes of partnership interests aggregated for basis purposes may be treated as divided when only one class is transferred; divorce may lead to property settlements; and so on. In each case, tax lawyers must determine how the division will be characterized, whether the division might cause a taxable event, and what basis and other tax characteristics of the former property the divided assets will inherit. The panel will review the existing guidance for many of these differing kinds of transactions, noting the considerable uncertainties that often apply.

Additionally, Winthrop is sponsoring the Private Funds Form and the Investment Management panels.