Insights
Estate, Wealth & Succession Planning
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October 30, 2024
IRS Increases 2025 Federal Estate Tax Exemption and Gift Tax Exclusions: Key Points for Taxpayers
Two tools can help clients with estate planning (1) the federal estate tax exemption; and the (2) annual and lifetime gift tax exclusions.
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October 24, 2024
The SECURE Act: Key Changes and Updates
SECURE Act 2.0, passed in December 2022, modified many of the original Act’s provisions, impacting traditional IRAs, Roth IRAs, and 401(k)s.
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October 17, 2024
Can an Irrevocable Trust Be Changed? Insights from Rupert Murdoch’s Case
The Murdoch's are battling over control of their multi-billion-dollar media empire, involving an irrevocable trust created in 1999.
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October 4, 2024
The Richard Simmons Estate Battle: A Lesson in Co-Trustee Conflicts
The recent case of Richard Simmons is a notable example of the conflicts that can arise when co-trustees are appointed to manage an estate.
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September 27, 2024
The Essential Need for Estate Planning: Insights from an Alaskan Legal Battle
A recent class-action lawsuit emphasizes the importance of comprehensive estate planning.
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August 12, 2024
Navigating Section 1014 and the TCJA: A Deep Dive into the IRS Ruling on Basis Adjustments
Staying informed about the political environment and legislative changes and understanding provisions like section 1014(a) is vital.
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August 5, 2024
The Future of Estate Planning: Preparing for Upcoming and Uncertain Legal Changes
Senator Elizabeth Warren seeks to address escalating interest rates and limited inventory in the “American Housing and Economic Mobility Act."
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August 2, 2024
Are You Ready for National Make-a-Will Month? Ten Essential Questions You Need to Answer
This "National Make-a-Will" Month, make sure that you’re ready; start crucial conversations and craft a plan that ensures peace of mind.
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July 19, 2024
FERPA Faux Pas: Avoiding Missteps as Your Child Steps into College
As your child heads off to college, familiarize yourself with FERPA, applicable local laws, the school's privacy policies, and their implications.
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July 19, 2024
Maximizing Wealth: The Worldwide Growth of Family Offices
Many wealthy families in the US and worldwide utilize family offices to manage their assets and various other needs.
