Is Your Estate Plan Ready for Future Estate Tax Law Changes?
The year 2017, when the Tax Cuts and Jobs Act was signed into law, seems like a long time ago.… Read More
Category: Estate Tax
Have Grandkids? Opening 529 Plan Accounts Can Benefit Them and Your Estate Plan
The cycle continues: Your adult children — one of the first generations to benefit from Section 529 plans — are… Read More
It’s Time to Take Another Look at the Stepped-Up Basis Rules
Thanks to a generous federal gift and estate tax exemption amount ($13.61 million for 2024), only the wealthiest of families… Read More
Estate Planning Pitfall: You Didn’t Retitle Assets to be Included in a Trust
There are numerous benefits of using trusts in your estate plan. For example, trusts can maximize the tax code provisions… Read More
Should You Place Your Home in a QPRT?
If you own your principal residence, you may be able to benefit from its build-up in equity, realize current tax… Read More
Estate Planning Pitfall: You Missed the Estate Tax Filing Deadline
You likely don’t need to be reminded about filing your federal income tax return on time. Indeed, the tax filing… Read More
Overlooking Foreign Assets Can Be Detrimental to An Estate Plan
When working with an estate planning advisor, it’s critical to disclose all your assets. Importantly, any foreign assets you might… Read More
Are Changes Coming for the Gift and Estate Tax Exemption?
Under current estate tax law, taxpayers benefit from the most generous gift and estate tax regime in history. Indeed, in… Read More
Glossary of Estate Planning Terms
Estate planning has a language of its own. While you may be familiar with common terms such as a will,… Read More
Does Your Estate Plan Account For Generation-Skipping Transfer Tax?
Does your estate plan call for making gifts to your grandchildren or other loved ones more than one generation below… Read More
