22 Sep The Tax That Hits Your Grandchildren
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...
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 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 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...
This blog explores how trusts form the backbone of true legacy planning, contrasting revocable (living) trusts—which keep families out of court and maintain flexibility—with irrevocable trusts, which serve as advanced...