As the law progresses, the historic nature of a trust as a fiduciary relationship seems to be giving way to a new approach to treat a trust as a separate legal entity.

Lifetime gifts maximize the value of a portability election.

The IRS has granted relief from penalties for those designated beneficiaries who failed to take a required minimum distribution from an inherited IRA under the SECURE Act Proposed Regulations.

While President Biden’s recent budget proposal contained many new tax proposals, it also included some provisions, aka ‘revenue generators,’ that result from changes to some common estate planning concepts. Many

An estate planning technique that is getting a lot more attention these days, as 2026 and the reduced applicable exemption amount fast approaches, and estate illiquidity is a genuine concern, is the use of an intergenerational split-dollar arrangement.

If an individual owns some guns, or a gun collection, the use of a gun trust may make good sense to facilitate the use and transfer of such firearms on the owner’s death.

FinCen just published its final rules with regard to beneficial ownership information reporting. The good news is that estate planning trusts are exempt from such reporting. The

Look forward to some corrective legislation from Congress in 2023 to ‘fix’ some of the problems associated with the SECURE Act 2.0 and, in particular, the opportunity of individuals who are over age 50 to make catch-up contributions to their retirement account.

The Proposed Regulations with regard to the deductibility of debts and expenses of a decedent’s estate are precipitating some strong opposition due to their failure to take into consideration reality, especially when it comes to a family held business as a part of the decedent’s estate.

There is a growing sense that Congress will tackle its ‘improved’ retirement planning legislation after the midterm elections, with yet another change in the investment universe of 401(k) plans.