As we mourn the loss of a great actor who moved us with his performance as Mafia boss Tony Soprano in "The Sopranos", we also take this opportunity to look at the tax ramifications of his estate ...
Another estate litigation technique is an installment sale of income producing property to a grantor trust. A grantor trust, under the provisions of the Internal Revenue Code, is a trust that is not ...
A gifting strategy that allows a couple to take advantage of the gift tax exemption while retaining access to the funds is the Spousal Lifetime Access Trust (SLAT). The SLAT is an irrevocable trust ...
The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the "2010 Act") was enacted on December 17, 2010 and extended the provisions of the Economic Growth and Tax ...
The temporary regulations issued by the IRS on how to elect to use a deceased spouse's unused estate tax exclusion will apply to married spouses where the first spouse has died on or after January 1, ...
In order to better regulate charitable trusts, a new provision requiring trusts or wills to indicate sources of income from any amount the taxpayer will use for charitable purposes has been ...
