Beware of financial advisors and estate planning attorneys who suggest using a Charitable Remainder Trust (CRT) as the answer to the SECURE Act’s mandatory 10-year
Recently several new clients have arrived at my office explaining that they don’t need revocable trusts. “My banker told me simply to designate all of
Will the proposed tax legislation currently before Congress eliminate the step-up in tax cost basis? What exactly do I mean when I refer to a
In the 1970s my grandparents owned a men’s clothing store located in Indianapolis’ Westlane Shopping Center at 71st Street and Michigan Road. Next door was
Because in recent weeks I’ve seen so many erroneous gift tax returns, today’s column is devoted to what clients need to know before having their
The Bill Senator Bernie Sanders released his proposed tax reform legislation on March 25th which outlined major changes to the estate and gift tax rules.
In a recent column I discussed the benefits of embedding continuing testamentary trusts for your children and grandchildren into your revocable living trust. After your
Robert created a trust that first distributed the first $2 million to his wife, Linda before making $500,000 bequests to each of his two daughters,
Recently I’ve fielded many calls about advanced estate planning strategies, most likely brought on since the transfer of power in Washington to the Democratic party. President
It appears that Joe Biden will take the oath of office on January 20th as our nation’s 46th President. Reading his platform, proposed changes to