Trusts and Estates
Learn which trust is best for which clients, the tax benefits of different estate planning strategies and how to transfer wealth responsibly, as well as estate planning techniques that benefit families with special needs
IRS to Fix Inherited IRA Guidance That Confused Advisors
By Roger WohlnerThose who inherited an IRA in 2020 should wait for more guidance from the agency before taking a 2021 RMD, Ed Slott says.
April 21, 2021
Avoiding an Inherited IRA Tax Time Bomb Under the Secure ActWithout proper planning, the tax consequences of the new "10-year rule" for emptying inherited IRAs can be serious.
April 02, 2021
What Biden's $2T Infrastructure Plan Means for TaxesAlong with higher tax rates on corporations, Biden will focus on high-income earners to help fund the plan, attorneys say.
March 30, 2021
How 8 Advisors Would Respond to Sanders' Estate Tax Hike: Advisors' AdviceSen. Bernie Sanders' plan would spark a huge rise in demand for advanced trust, retirement and charitable planning, the advisors told ThinkAdvisor.
March 15, 2021
Biden Plans First Major Tax Hike Since 1993The White House has rejected the wealth tax proposed by Sen. Warren but is still targeting the wealthy in its expected suite of tax hikes.
February 24, 2021
BNY Mellon U.S. Master Trust Universe Returns 9.4% in Q4Non-U.S. equities topped U.S. equities in the trusts, BNY Mellon reports.
February 24, 2021
Estate Tax Changes Under Biden: Strategies for Affluent vs. Wealthy ClientsClients of different wealth levels have different goals, so positioning them for possible tax changes calls for different strategies.
February 04, 2021
Millennial Estate Planning Surges During Pandemic: SurveyIn their wills, millennials appointed pet guardians, donated organs and chose cremation over traditional burial.