LEGAL DEVELOPMENTS: Estate Taxes
IRS Announces 2017 Estate, Gift and GST Tax Limits. The IRS has announced that, for 2017, the lifetime gift and estate tax exemption...
WHEN TO DECANT AN IRREVOCABLE TRUST
Many families use irrevocable trusts to make gifts to their children and loved ones, as these trusts offer certain income and estate tax...
Do You Need a Revocable Living Trust?
A revocable living trust may be used as a substitute for a Last Will and Testament. The revocable living trust can provide for the...
Be Proactive!
Proposed Regulations Affecting Valuation of Family-Controlled Entities Long-awaited proposed regulations were recently issued by the U.S....
TIME IS OF THE ESSENCE FOR FAMILY BUSINESS SUCCESSION PLANNING
Long-awaited proposed regulations were recently issued by the U.S. Treasury. These regulations would, if adopted, have a significant...
Retirement Plan Trusts
Given the enormous amount of wealth held in retirement accounts, it is critical that individuals properly name the beneficiaries of these...
A Guide to Estate Planning Post-Divorce
WHAT YOU NEED TO PROTECT YOURSELF, YOUR ASSETS AND YOUR FAMILY POST-DIVORCE Divorce can be a painful and overwhelming process, riddled...
Qualified Personal Residence Trusts (QPRTs)
A qualified personal residence trust (QPRT) is one of the most effective estate planning techniques available to wealthy families. A...
Gifting to Minor Children and Grandchildren in Trust
The annual federal gift tax exclusion allows an individual to gift up to $14,000 (or $28,000 if spouses elect to split gifts) in 2016 to...
Estate Planning Techniques in this Low Interest Rate Environment
There are a number of estate planning techniques that work more effectively in a low interest rate environment. Accordingly, our current...
