Recently the Investment Company Institute (ICI), an association that represents mutual fund companies and similar investment companies, conducted a survey of the prevalence of IRAs held in American households.

The SEC has proposed a new rule that would substantially curtail the use of AI and predictive data analytics now used to guide investors.

The IRS and victimized investors are aggressively pursuing charitable income tax deduction promoters.

File IRS Form 5329 annually to gain the shortest IRS statute of limitations when it comes to contributions to retirement accounts and taking required minimum distributions (RMDs) from retirement accounts.

It is important to keep in mind that in order to qualify as an annual exclusion, the gift must be of a present interest and that gifts to grandchildren in trust have additional requirements to be met in order to qualify for the generation skipping transfer tax annual exclusion opportunity.

Can a party request a jury trial in a probate court proceeding to modify the terms of a trust? Probably not, but who really knows?

The SECURE Act 2.0 expanded the use of a qualified charitable distribution (QCD) to include a transfer to a split-interest charitable entity.

Expect the federal gift tax annual exclusion amount to increase to $18,000 per donee starting in 2024.

One of the filing deadlines for the Corporate Transparency Act just got extended.

Gift-splitting by spouses is an effective way to use both spouses’ applicable exemption amounts when only one spouse owns the asset to be gifted. The challenge is to comply with the technical rules to timely make the election to ‘split-gifts.’