Should You Be A Personal Representative or Trustee?
March 14th, 2024Originally posted on Forbes.com Introduction So, Aunt Jane just asked you to be the trustee of her trust. You were flattered and, of course, accepted. But what did […]
Originally posted on Forbes.com Introduction So, Aunt Jane just asked you to be the trustee of her trust. You were flattered and, of course, accepted. But what did […]
Originally posted on WealthManagement.com A recent Chief Counsel Memorandum (CCM) issued by the Internal Revenue Service may have a chilling effect on modifications to all types of irrevocable trusts. CCM 202352018 […]
Originally posted on Forbes.com Introduction and Background Let’s start with a quick refresher to set the stage for an important issue confronting many people who have created trusts. […]
Originally posted on Forbes.com Introduction to the CCA In a recent Chief Counsel Advice (CCA) issued November 28, 2023 the IRS took the position that modification of a […]
Originally posted on Forbes.com Immediate Action Advisable The Corporate Transparency Act (“CTA”) is a new federal law that may affect you in significant and unexpected ways. Since the […]
Originally posted on Forbes.com Lesson To Learn So the moral of this tax tale is that you have to be careful about making sure you file the right […]
Date and Time: Thursday, September 21, 2023 4-5:00 pm ET Register Here Course Description: Practitioners are quite aware that in 2026 the Federal estate and gift, estate and GST […]
Originally posted on Forbes.com Living Together But Unmarried: Can A Special Trust Protect You? Lots of people live together outside of marriage. And as marriage rates have declined, […]
Date and Time: September 7, 2023 4-5:30 pm ET Register Here Course Description: Do assets in an irrevocable grantor trust that are not included in the settlor’s gross estate […]
Originally posted on Forbes.com Simple Definition of Descendant Here is a simple definition of “descendant” from a trust document: “References in this Trust Agreement to a person’s “children,” […]