Trust Planning
Keep up with the latest developments in trust planning to help clients protect their assets for the benefit their heirs.
Is Setting Up a Trust in South Dakota Really Worth It?
By Alexis LeondisFor those with only a few zeroes in their fortunes, it might not be worth the hassle.
October 08, 2021
Gramercy Advisors Sues Jacksonville Jaguars Owner in Tax Avoidance CaseBillionaire Shahid Kahn sued Gramercy after the IRS and state authorities disallowed tax losses he had claimed.
September 29, 2021
Many With Guardians Have 'Britney Spears' Problems, Witnesses Tell CongressA Texas consultant said guardianship courts need helping getting the Social Security Administration to listen.
September 28, 2021
Richest Americans Use This Trust to Avoid Estate Taxes: ProPublicaLaurene Powell Jobs, Charles Koch, Michael Bloomberg and other members of the top 0.1% have relied on grantor retained annuity trusts.
September 09, 2021
Taxpayer-Friendly Trust Laws Are Florida's Latest AttractionUnder the new Uniform Directed Trust Act and Community Property Trust Act, Florida is even more hospitable to directed trusts or community property trusts.
August 12, 2021
Could This Trust Replace the Stretch IRA? Jeffrey Levine Weighs 10 Pros, Cons of CRUTsCharitable remainder unitrusts can provide similar benefits for some investors, but there are many caveats, the CPA says.
August 04, 2021
17 States With Their Own Estate, Inheritance TaxesIn these states and the District of Columbia, the exemption is often smaller than the federal exemption, capturing more decedents.
July 28, 2021
Ed Slott: This Big Mistake Sets Up Clients for Inherited IRA ProblemsIn a speech to the American Institute of CPAs, the tax expert outlined the nuances of inherited IRAs, especially after the Secure Act.