Waiting to See What Happens in 2020 May be Unwise No one can predict the 2020 election but if the Democrats sweep seems pretty likely harsh estate tax, and perhaps wealth tax, legislation will follow.
If you are like many wealthy taxpayers, your CPA and/or tax attorney have just finished a grueling, down-to-the-deadline, tax filing for gift tax returns. Many of these gift tax returns were triggered
Gifting interests in a closely held business can be an effective estate planning technique. It can save on estate taxes and reward family members for their hard work in running the family business while
Financial advisors have been overseeing estate planning and asset management for their clients for centuries. In recent years, however, the introduction of new asset types and the implementation of new
Whenever I give a talk about estate planning, I ask the audience to guess the percentage of Americans who do not have a will. Various studies show that most adults have not prepared a legal will. But point
One of the most common estate planning tools right now is the use of non-reciprocal spousal lifetime access trusts (“SLATs”). We’ll explain that common planning technique and then why the way many folks