Nevada Court Denies Permission to Decant Trust
April 9th, 2020WealthManagement.com Aug 07, 2019 Martin M. Shenkman Merging or decanting an old trust into a new and improved trust has become so popular that some have pushed the edges seeking […]
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Final Regs Zap $10,000 Annual SALT Limitation Workaround
April 9th, 2020WealthManagement.com Jun 25, 2019 Richard L. Fox, Jonathan G. Blattmachr, Martin M. Shenkman The Internal Revenue Service just issued final regulations (final regs) which, consistent with the proposed regulations (proposed […]
Trust Income Tax Basics
April 9th, 2020WealthManagement.com Mar 21, 2019 Martin M. Shenkman Trusts are ubiquitous in asset protection and estate planning. Regardless of a client’s wealth level, he should be using trusts to avoid problems […]
The Benefits of Incomplete Non-Grantor Trusts
April 9th, 2020WealthManagement.com Dec 03, 2018 William D. Lipkind, Martin M. Shenkman, Jonathan G. Blattmachr An incomplete non-grantor trust is a powerful planning tool; not just for the super wealthy, but for […]
Fourteen Tips for More Flexible Trusts
April 9th, 2020WealthManagement.com Nov 07, 2018 Louis S. Harrison, Kim Kamin, Martin M. Shenkman If you were creating a trust 100 years ago, what would have been on your mind? World War […]
Send Client Letter About Self-Settled DAPTs Post Wacker
April 9th, 2020WealthManagement.com Apr 05, 2018 Martin M. Shenkman, Alan Gassman Some have interpreted the recent Alaska decision in Toni 1 Trust v. Wacker, 2018 WL 1125033 (Alaska, Mar. 2, 2018) as […]
Tax Reform Opens the Door for Multi-Purpose ILITs
April 9th, 2020WealthManagement.com Jan 29, 2018 Barry D. Flagg, Thomas Tietz, Martin M. Shenkman The Tax Cuts and Jobs Act brings direct changes to the tax treatment of insurance and significant indirect […]
U.S. v. Balice: IRS Successfully Pierced Trust
April 9th, 2020WealthManagement.com Sep 05, 2017 Martin M. Shenkman The Internal Revenue Service successfully pierced the trust created by a taxpayer to satisfy a tax lien on the basis that the trust […]
SLATs Provide Flexible Plans for Many Clients
April 9th, 2020WealthManagement.com May 15, 2017 Andrew T. Wolfe, Martin M. Shenkman In the current environment of uncertainty, many married clients should consider implementing non-reciprocal spousal lifetime access trusts (SLATs). This strategy […]
Safeguard Trusts from Future Ex-Spouse of Beneficiary
April 9th, 2020WealthManagement.com Jan 05, 2016 Martin M. Shenkman Trusts are ubiquitous in planning, and one of the most common motivations for the use of trusts is to minimize the risk that […]