A recent California Supreme court decision, Dynamex operations W., Inc. v. Superior Court, 4 CAL 5th 903 913 (2018) redefined the...

If you have Philanthropic desires, and would like to be financially rewarded at the same time, then donating your IRA assets to a charity...

By now, you are likely aware that there are 10,000 Baby Boomers daily turning 65. These Baby Boomers are now beginning to seriously think...

The government has put on our plates a once in a million, lifetime gift of a $5,000,000 tax break. Never before has this type of gift...

One of the most important decisions in drafting a trust is who will act as trustee. The obvious choices are friends and family, but this...

With the passage of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (Relief Act) , many planners...

There are four elements to estate tax planning available to you and only four: Gifts, Discounts, Charity, and Life Insurance. The...

In a recently issued IRS Internal Legal Memorandum (ILM), the IRS indicated interest paid on estate taxes accrued during the extension ...

An Exemption Trust, by any other name, is still an exemption trust; however it has also been called a bypass trust, B-trust, credit ...

You have just created a revocable inter-vivos trust (traditionally referred to as a “living trust”). Your attorney has advised you to ...

Prior to August 5, 1997 gifts made could be revalued by the IRS years after the transaction took place imposing taxes and penalties....

It happens when people don’t plan for the future; it happens when they don’t prepare for the high cost of dying. Unless proper ...

Knowing the basic rules of the Generation-Skipping Transfer (GST) tax will help reduce or even eliminate the impact of this tax. The...

By now you are aware that come 2013 we may see an entirely new estate and gift tax landscape. If Congress fails to make changes to the ...

“No taxation without representation” was often heard during the Revolutionary times. We, as Americans, have had a long history of ...

In the past digital assets have not been considered in the estate planning process. However, with technological advances occurring ...

A recent decision of the tax court has held that the use of joint tenancy among married couples holding their community property in ...

Protecting the assets of an estate from high taxes is just one aspect of a well designed financial plan, but it may be the most...

Oftentimes it is desirable to name the child as a direct beneficiary of the life insurance policy on the life of the parent. This may be...

Thanks to a 1997 law that finally goes into effect January 1, 2001, taxpayers will see a reduction in the capital gains rate for...