August 22, 2024
Asset Protection Trusts and Income Tax Planning- An Overview of the DING
Asset protection trusts (APTs) and incomplete grantor trusts (IGTs) for gift tax purposes have a bewildering history when it comes to the IRS.
Read MoreAugust 22, 2024
Asset protection trusts (APTs) and incomplete grantor trusts (IGTs) for gift tax purposes have a bewildering history when it comes to the IRS.
Read MoreAugust 21, 2024
A surviving spouse named as the sole beneficiary of a qualified plan retirement account can elect to be treated as the employee-participant to arguably extend the period of distribution from that inherited retirement account.
Read MoreAugust 19, 2024
The SECURE Act 2.0 of 2022 created significant changes to and incentives for qualified plans.
Read MoreAugust 14, 2024
The use of multiple Trusts might be a good way for a donor to make lifetime gifts.
Read MoreAugust 14, 2924
A probate court can deny a trustee its fees, including attorneys’ fees it incurs regarding the Trust, when the court finds that there has been a breach of fiduciary duty.
Read MoreAugust 8, 2024
Use caution when using a transfer-on-death or a payable-on-death beneficiary designation.
Read MoreAugust 7, 2024
Some married individuals who want to adopt estate planning strategies to transfer wealth at little or no transfer tax exposure might want to take a look at a remainder purchase marital trust while prevailing interest rates are, relatively speaking, high.
Read MoreAugust 5, 2024
As 2026 inches closer, we can expect a huge number of gifts to be made to use the donor’s large available bonus applicable exemption amount until it expires on 12/31/25.
Read MoreAugust 2, 2024
A new Department of Labor Fiduciary Rule has been published that would cover advice to roll retirement funds into an IRA which is intended to address perceived conflicts of interest.
Read MoreJuly 31, 2024
Protecting a trust beneficiary’s interest in a Trust in a divorce proceeding is becoming more and more difficult as states seem to ignore separate property principles.
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