05 Oct Your GST Exemption Won’t Allocate Itself
Every person gets a GST exemption. As of 2026, it's $15 million. That number is the total amount you can shield from the generation-skipping transfer tax across every trust you...
Every person gets a GST exemption. As of 2026, it's $15 million. That number is the total amount you can shield from the generation-skipping transfer tax across every trust you...
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...
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 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...
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,...
New York doesn't recognize estate tax portability. Learn how married couples can lose over $1 million in unnecessary estate taxes without proper planning....
Most parents spend years building trusts, structuring estate plans, and protecting family wealth for future generations. Yet one of the biggest threats to that legacy may come from a place...
A couple I know spent two decades building a business in New Jersey. They had a solid estate plan. Revocable trust, irrevocable trusts for the kids, powers of attorney, the...