Trusts can be drafted to be quite flexible. This article examines several ways you can... [Read more...]
New Estate Tax Proposal
A new estate tax proposal would lower the amount passing free from tax to $3.5... [Read more...]
State Income Taxation
States are all over the board in their taxation of income. Some tax at a... [Read more...]
State Income Taxation of Nongrantor Trusts
States are all over the board in their taxation of income. This is doubly true... [Read more...]
New Tax Proposals
There are two new tax proposals being floated. One is an income tax proposal and... [Read more...]
Tax Tips after New Year
The New Year is here. Can you do anything to reduce your tax liability for... [Read more...]
SALT Deduction Limit…Can You Get Around It?
The Tax Cuts and Jobs Act increased the standard deduction amount. However, it also limited... [Read more...]
The Little Things May be the Most Important
Your estate may be worth a little or a lot at your death. The items... [Read more...]
Domestic Asset Protection Trusts
Domestic Asset Protection Trusts are spreading to more jurisdictions. However, their protections may be waning.... [Read more...]
Turning the Page on 2018 and Looking Forward to 2019
As we turn the page and bid farewell to 2018, we look forward to 2019.... [Read more...]
How Are Trusts Taxed?
Trusts are useful vehicles both during life and after death. This article examines how trusts... [Read more...]
Proposed Regulations Address “Clawback” Issue
The Tax Cuts and Jobs Act temporarily doubled the amount which can be given free... [Read more...]