Lowenstein Sandler PC

10/17/2024 | Press release | Archived content

Lowenstein Private Client Services National Chair Beth Shapiro Kaufman to Author ACTEC’s Capital Letters

The American College of Trust and Estate Counsel (ACTEC) has announced that ACTEC Fellow Beth Shapiro Kaufman will assume authorship of Capital Letters. succeeding ACTEC Past President Ronald D. Aucutt in this esteemed role. The publication examines legislative and regulatory process behind estate tax reform, related congressional tax deliberations of the U.S. Congress, and administrative developments at the Treasury and IRS.

This month, Kaufman and Aucutt co-authored Capital Letter No. 62: Final Basis Consistency Regulations, Like Earlier GST Election Regulations, Are Very Responsive To Public Comments, which addressed the final basis consistency regulations and the generation-skipping transfer tax election regulations issued last May.

Beth Shapiro Kaufman leads Lowenstein's Private Client Services practice. She has decades of experience advising high-net-worth individuals on sophisticated estate planning issues, with a focus on tax efficiency. Kaufman is recognized for her deep experience in estate, gift, and generation-skipping transfer taxes, and frequently represents clients before the IRS in ruling requests, audits, and other tax matters. Kaufman's prior experience in the U.S. Treasury Department's Office of Tax Policy-where she was Attorney Advisor and later Associate Tax Legislative Counsel-give her deep insight into tax policy affecting trusts and estates. She also teaches LL.M.-level classes on the generation-skipping transfer tax as an Adjunct Faculty member at Georgetown University Law Center.

Established in 1949, The American College of Trust and Estate Counsel (ACTEC) is a national, nonprofit association of approximately 2,400 lawyers and law professors from throughout the United States and abroad. ACTEC members (Fellows) are peer-elected on the basis of professional reputation and expertise in the preparation of wills and trusts, estate planning, probate, trust administration and related practice areas. The College's mission includes the improvement and reform of probate, trust and tax laws and procedures and professional practice standards. ACTEC frequently offers technical comments with regard to legislation and regulations but does not take positions on matters of policy or political objectives.

All Capital Letters, including the latest Capital Letter No. 62 with a preface from Aucutt and Kaufman, can be found on ACTEC's website.

About Lowenstein Sandler LLP
Lowenstein Sandler LLP is a national law firm with over 350 lawyers based in New York, Palo Alto, New Jersey, Utah, and Washington, D.C. The firm represents leaders in virtually every sector of the global economy, with particular emphasis on investment funds, life sciences, and technology. Recognized for its entrepreneurial spirit and high standard of client service, the firm is committed to the interests of its clients, colleagues, and communities.