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
The rules for revoking an irrevocable trust
By Tom NawrockiMany states let clients terminate a trust and transfer its assets to another trust, also known as decanting."
June 07, 2016
New Estate Planning Strategies for a Post-Portability WorldIn particular, if your clients are still relying on credit shelter trusts set up before 2013, beware the adverse tax consequences.
June 03, 2016
Here are 9 ways to preempt a will contestWill contests are a frustratingly common occurrence among heirs who feel they havent gotten their just rewards.
June 03, 2016
Here are 9 ways to preempt a will contestWill contests are a frustratingly common occurrence among heirs who feel they havent gotten their just rewards.
May 24, 2016
9 reasons why clients might want to set up a trust in NevadaNevada has no state or corporate income tax, so income generated by a trust would never be taxed at the state level.
May 17, 2016
Best (and Worst) Places to Die in 2016While the federal estate tax is static, states continue to move chess pieces across the estate planning board, Adrienne Penta says.
May 16, 2016
The Bay State Difference for Estate TaxesIn Massachusetts, wealthy married decedents can take advantage of a separate state GTIP election.
May 10, 2016
Eye on testamentary trusts: 7 benefits for clientsThe benefits of a testamentary trust may outweigh one notable drawback among clients for whom probate is a long way off.