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...

Over the last year or so, you have probably encountered numerous versions of “waivers” or “disclosures”, not only in your doctors’ or ...

One of the most important aspects to consider when designing one’s trust is the role of a trustee and successor trustee. This often ...

We cannot avoid getting older, but we can avoid making mistakes with regards to our retirement planning. For many of us, our retirement...

Today there are over 20,000,000 blended families in the United States. It is not uncommon to bring together not only children of a ...

The use of a “Qualified Personal Residence Trust” (QPRT) can provide a strong form of asset protection against creditors. This plan is...

A popular strategy allowing for family members, i.e., parents, siblings, or spouses, to create a trust for the benefit of each other in ...

When it comes time to select a trustee for your living trust, which generally is established for family members, most of the time ...

The use of a Self-Cancelling Installment Note (SCIN) can be a very tax efficient method for transferring business interests to ...

Since many individuals with special needs are unable to obtain needed health coverage other than through Medical Assistance, it has...

With the new tax laws potentially changing in 2013, the question is whether you should sell appreciated capital assets in 2012 to take ...

Current tax laws provide an unprecedented opportunity allowing for the transfer of $5,120,000. On top of this phenomenal transfer of ...

The use of an irrevocable trust is probably one of the most effective estate planning strategies. A primary advantage is they allow ...