29 Sep Pay the Tax Now, Keep the Growth Forever
An intentionally defective grantor trust, or IDGT, is an irrevocable trust designed to do two things at once: remove assets from your taxable estate while keeping you responsible for the...
An intentionally defective grantor trust, or IDGT, is an irrevocable trust designed to do two things at once: remove assets from your taxable estate while keeping you responsible for the...
Everyone who's done serious estate planning knows the headline number: $15 million. That's the federal estate tax exemption per person, $30 million for a married couple, But there’s another federal...
A client called me last year with a problem he didn't know he had. In 2016, his estate planning attorney built exactly what the textbook said to build: an irrevocable...
I get this call a few times a year. A client owns commercial real estate in two or three states. They want to do a 1031 exchange. They believe the...
A client told me something I hear often from families with shore property: "Once you give up property on this island, you're not coming back. It's a one-way exit." He...
A business owner I work with sold his company for $40 million. Good outcome. He'd built it over 25 years. Before his earnout, his actual take-home was closer to $30...
A Grantor Retained Annuity Trust (GRAT) can be a powerful estate planning strategy for families whose assets exceed federal or state estate tax exemptions. By transferring appreciating assets into an...
Choosing the wrong buy-sell structure can create an unexpected tax bill years after a partner's death. Learn the difference between cross-purchase and redemption agreements, how each affects cost basis and...
Many buy-sell agreements rely on valuation formulas that become outdated as a business grows. Learn why stale valuations create disputes, funding gaps, and unnecessary legal costs—and how annual reviews help...
A Spousal Lifetime Access Trust (SLAT) can help married couples reduce estate taxes while preserving indirect access to transferred assets. Learn how SLATs work, their tax advantages, creditor protection benefits,...