Social Security Old Age & Survivors Insurance benefits are now projected to be cut to 77% starting in 2033.

Foreign trusts frequently have annual FinCEN reporting requirements, which carry stiff penalties for their failure to report. The challenge is to determine when a trust actually exists under the laws of foreign nations, and in particular, civil law jurisdictions.

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.