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...
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...
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...
Every business partnership eventually ends. Learn how a properly drafted buy-sell agreement protects owners, families, employees, and business value....
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 estate plans focus on transferring assets to children, but few address what happens if a child later divorces. An inheritance that is intended to stay within the family can...
Many business owners assume that forming an LLC automatically protects their business from personal creditors. In reality, some of the most important asset protection provisions are found not in the...
What if you could transfer millions of dollars to your children or grandchildren while making a gift that, on paper, is worth almost nothing? That’s exactly what a Grantor Retained...