The Vice President released her proposed economic and tax plan, in the form of the proposed American Housing and Economic Mobility Act of 2024 (sponsored by Senator Elizabeth Warren.) Since this is a campaign year, nothing will come of this proposed legislation, at least in 2024.

Asset protection trusts (APTs) and incomplete grantor trusts (IGTs) for gift tax purposes have a bewildering history when it comes to the IRS.

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.

The SECURE Act 2.0 of 2022 created significant changes to and incentives for qualified plans.

The use of multiple Trusts might be a good way for a donor to make lifetime gifts.

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.

Use caution when using a transfer-on-death or a payable-on-death beneficiary designation.

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.

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.

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.