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Finding Out About Your Inheritance

July 25, 2023
You may not always know it if you have an inheritance coming. And in some cases, you may not even know the individual has passed on.
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Family Vacation Home for Generations?

July 24, 2023
The family vacation home is often a point of pride, a place for reconnecting and making memories. A vacation home, whether it’s in the mountains, near the sea, on a lake, or on a farm, can have sentimental as much as economic value.
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Considerations for Selling Your Business

July 21, 2023
All business owners will have to exit their business either through retirement or undertaking a new endeavor. Some will leave it to a successor, while others will sell. Regardless of what you choose to do, it is never too early to start planning.
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Tax Portability for Second Marriage?

July 20, 2023
The family’s attorney and family office advisors should exercise caution in a marriage in which there are children from a prior marriage or other nonstandard family situations.
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Not Eligible for Section 1014 Step-Up

July 19, 2023
On March 30, 2023, the Internal Revenue Service issued Revenue Ruling 2023-2, which directly impacts a wide range of irrevocable trusts, including grantor retained annuity trusts, qualified personal residence trusts, insurance trusts and other intentionally defective ‘grantor trusts.’
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Expiration of Tax Cuts

July 18, 2023
This sunsetting creates a big imperative for business owners to take a closer look at tax planning, and not treat a grim fiscal inevitability like another unfortunate surprise.
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Estate or Heirs Pay Taxes?

July 17, 2023
The heirs of an estate can be liable to pay the estate or income taxes (and perhaps other obligations) of the estate.
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Estate Planning for Modern Blended Family

July 14, 2023
The modern blended family has far more needs when it comes to estate planning than a traditional family. Here are some challenges, tips and solutions.
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Splitting Property Among Heirs?

July 13, 2023
If you thought that doing your taxes got complicated when you acquired more assets, wait until you try to split them up among multiple children when planning their inheritance.
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Why Use a Trust?

July 12, 2023
When you think of a trust, you may have visions of contentious family gatherings in an attorney’s office after the death of a patriarch or matriarch.
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