02 Nov Let Your Spouse Decide Later
Most estate plans are built on assumptions. How large the estate will be. What the tax law will look like. Whether the surviving spouse will need the money or can...
Most estate plans are built on assumptions. How large the estate will be. What the tax law will look like. Whether the surviving spouse will need the money or can...
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Many buy-sell agreements rely on valuation formulas that become outdated as a business grows.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...