• For the Second Consecutive Year Chambers Awards Pam Duffy The National “Real Estate Lawyer Of The Year”

    NEW YORK; January 15, 2013 – On the evening of January 15th, leading practitioners joined Chambers & Partners at the Harvard Club in New York City to recognize the most outstanding performances by female lawyers over the past year. In an unprecedented accomplishment, Coblentz Patch Duffy & Bass is proud to announce that Pamela Duffy has again received national recognition as the “Real Estate Lawyer of the Year” from Chambers and Partners USA Women in Law Awards, the most comprehensive national awards for female lawyers in the USA. Chambers and Partners is the internationally renowned publisher of the world’s leading guides to the legal profession. Chambers’ Women in Law Awards assembles the women stars of the U.S. legal community who have been consistently ranked as top lawyers by Chambers and Partners for many years.

    “I would like to congratulate all of the outstanding nominees. I’d also like to congratulate Chambers, on its tremendous leadership in recognizing the extraordinary women lawyers in this country and throughout the world. The nominees are all superb lawyers; they would be on any list – gender-based or otherwise – of the most important contributors to the state of the law. They are also critical leaders in advancing fairness and equality under the law. I am honored to be in such company,” said Pamela Duffy.

    Pamela Duffy was awarded “Real Estate Lawyer of the Year” for the second consecutive year for her exemplary professional achievements along with her commitment to furthering the advancement of women in the law and her support of her community. The “Lawyer of the Year” award is given to the top women lawyers in each chosen practice area of the legal profession; women who have also helped pave the way for women in law to succeed. We congratulate Pam on this tremendous and well-deserved second recognition.

    Categories: News
  • Exempt Organizations Alert: Public Charities Take Note

    Certain so-called “Type III Non-functionally Integrated” supporting organizations operated in connection with public charities may be significantly affected by final and temporary regulations published by the U.S. Department of the Treasury on December 28, 2012. Click here for the alert.

  • Family Wealth Alert: Congress Addresses Estate, Gift and GST Tax Law

    The American Taxpayer Relief Act of 2012 (ATRA), signed by President Obama on January 2, 2013, prevents steep increases in estate, gift and generation-skipping transfer (GST) tax that would have otherwise applied in 2013.  ATRA makes the exemption from each of these taxes $5 million, indexed for inflation after 2010 ($5.25M for 2013), and increases the tax rate from 35% to 40%.  ATRA also continues to allow “portability” of any unused estate tax exemption from a deceased spouse to his or her surviving spouse.  All changes are effective for individuals dying and gifts made after 2012.  Finally, the annual gift exclusion is increased to $14,000 for 2013.