Community Property Estate Planning Not So Simple
May 7th, 2023Originally posted on Forbes.com Some Background If you live in a community property state with your spouse, or if you had lived in a community property state with […]
Shenkman Law
Step Transaction Doctrine May Ruin Your Estate Plan
May 7th, 2023Originally posted on Forbes.com The What Doctrine? While the step-transaction doctrine might sound arcane it is one of many tax constructs that might well undermine steps you might […]
Analysis of the Biden Administration’s Fiscal Year 2024 Revenue Proposals
April 27th, 2023This article was originally posted on Steve Leimberg’s Estate Planning Email Newsletter as Archive Message #3209. President Biden has issued his budget on March 9, 2023, the “General Explanations of the […]
How To Ruin Your Kids With A Lousy Estate Plan
April 13th, 2023Originally posted on Forbes.com Introduction Estate planning is primarily about the transmission of wealth. However, it should be about much more. Many people don’t want to delve into […]
5 Biggest Mistakes on Health Care Proxies
April 3rd, 2023Originally posted on Forbes.com Everyone age 18 and over should have a health care proxy document signed (think kids off to college, and yourself, not just an elderly parent). […]
Back End Slats – A SLAT, ILIT, DAPT, Or SPAT By Another Name?
March 23rd, 2023Originally posted on Forbes.com We lawyers love fancy names and acronyms. It keeps the estate planning process mythical and a bit veiled. Reality is, many of the fancy names […]
Clean Out Your Estate Planning Attic Introduction
March 20th, 2023Originally posted on Forbes.com Cleaning out your attic is one of those unpleasant projects that is typically delayed, deferred, and dodged as long as possible. Not much fun. The […]
Administration’s Greenbook Proposal Will Make Trust Reporting Horrendous: Privacy Is Dead
March 20th, 2023Originally posted on Forbes.com Introduction to the Proposal The Biden Administration has just issued the “General Explanations of the Administration’s Fiscal Year 2024 Revenue Proposals.” While some pundits […]
Free Webinar: My trust has been paying state income tax forever. Can I reduce or avoid state income tax?
March 15th, 2023Date and Time: March 16, 2023 4-5:00 pm ET Register Here Course Description: State income taxes can be onerous. Rates can reach 14%+ and the effects of a high state […]
Corporate Transparency Act Affects Your Estate Plan
March 13th, 2023Originally posted on Forbes.com Introduction A recent federal law, the Corporate Transparency Act (not so affectionately called by the acronym “CTA”) may have a significant and perhaps disturbing […]