Modern trust drafting and planning is changing how irrevocable trusts should be planned, drafted, and administered, and how practitioners should advise clients. One of the significant ways in which trust […]
The high federal estate tax exemption may have reduced the urgency of estate tax planning, but it does not reduce its critical importance. Herewith, an examination of the broad utility […]
Congress gave us all the lovely New Year’s gift of a new tax act. For most taxpayers it’s a wonderful gift that will change the face of planning. For the […]
Although revocable living trusts are nearly ubiquitous in estate planning, their typical use is to minimize ancillary probate or to avoid probate entirely. Whatever the merit and value of these […]
Originally appeared in Estate Planning, a Thomson Reuters publication. Copyright 2012 Thomson Reuters/Tax & Accounting. Although physicians generally take advantage of the newest medical advances when care for their patients, […]
Originally appeared in Estate Planning, a Thomson Reuters publication. Copyright 2012 Thomson Reuters/Tax & Accounting. Pro athletes require financial and estate planning similar to most high net worth clients. However […]
Originally appeared in Estate Planning, a Thomson Reuters publication. Copyright 2011 Thomson Reuters/Tax & Accounting. Why does an estate planner need to understand the impact of chronic obstructive pulmonary disease […]
Originally appeared in Estate Planning, a Thomson Reuters publication. Copyright 2010 Thomson Reuters/Tax & Accounting. Intra-family sale transactions have become almost ubiquitous in estate planning for larger estates. In particular, […]
Originally appeared in Estate Planning, a Thomson Reuters publication. Copyright 2003 Thomson Reuters/Tax & Accounting. Saving for college costs is a priority for many clients. The 2001 Tax Act made […]
Originally appeared in Estate Planning, a Thomson Reuters publication. Copyright 1999 Thomson Reuters/Tax & Accounting. Although family limited partnerships (FLPs) and limited liabilities companies (LLCs) (sometimes referred to collectively in […]