With most tax planning, there are certain strategies that are generally effective and shouldn’t be ignored. The same holds true…
Because of the COVID-19 pandemic and the resulting economic turndown in some areas, you may have family members in need…
An irrevocable trust has long been a key component of many estate plans. But what if it no longer serves…
In some cases, it may be desirable to move a trust to a more favorable jurisdiction. But moving a trust…
The “sandwich generation” is a large segment of the population. These are people who find themselves caring for both their…
Owning assets jointly with one or more of your children or other heirs is a common estate planning “shortcut.” But…
One benefit of the current federal gift and estate tax exemption amount ($11.7 million in 2021) is that it allows…
If you and your spouse have similar irrevocable trusts that benefit each other, it’s important to know that the trusts…
Even though the federal gift and estate tax exemption is currently very high ($11.7 million for 2021), there are families…
It’s been estimated that there are roughly 5 million family-owned businesses in the United States. Annually, these companies make substantial contributions…