1,291 results found

Families change. Dynasty trusts set up by one generation may stop fitting the family that inherits them. Over time, grandchildren and great-grandchildren can end up wanting very different things from the same pool of assets. In PLR 202641001, released October 9, 2026, the IRS approved a trustee’s plan to split a long-standing family trust into three equal trusts. It concluded that the division would not trigger generation-skipping transfer (GST), income, or gift tax consequences.

With the year ending, individuals and married couples have a valuable opportunity to reduce their taxable estates through strategic gifting. Understanding the $19,000 annual gift tax exclusion per recipient, along with unlimited direct payments for medical and educational expenses, can help you maximize tax-efficient wealth transfers before December 31.

Asset intensive businesses face a host of challenges to ensuring that they are optimizing the value captured from their assets.

Today's families are increasingly global, with assets, homes, citizenships, and loved ones spanning multiple jurisdictions. Michael Clear hosts a conversation with Carolyn Reers and Suzanne Shier about the forces driving cross-border planning challenges, from globally mobile families and international philanthropy to cultural competency, compliance, and succession laws around the world.

The Office of the Comptroller of the Currency, Federal Reserve Board and FDIC (collectively, the "agencies") final rule increasing the major asset prohibition thresholds for management

An audience of approximately 80 judges and attorneys was in attendance.

The IRS recently announced minimum interest rates that need to be charged to avoid gift, estate, and generation-skipping taxation ("transfer taxes") on intrafamily obligations.

Laura Zwicker, Private Client Services Group Chair, authored "Navigating International Legal Considerations for Advisors Serving Multi-National Families: Part 2" in Trusts & Estates.

The window of opportunity to benefit from valuation discounts when transferring assets to family members may be closing very soon.

On August 2, 2016 the U.S. Treasury Department issued proposed regulations addressing transfers between family members of interests in family-controlled entities.

Ropes & Gray – in conjunction with leading law firms across Europe – has updated its CSRD Transposition Tracker. View the updated Tracker here. The Tracker describes Corporate Sustainability Reporting...

In this episode, in recognition of Women's History month and Pay Equity day, hosts and Seyfarth partners Tonya M. Esposito and Tracee E. Davis are joined by Elisa Luque...

USA Today recently featured insights from Evan Morgan, a principal in the tax advisory group at Kaufman Rossin, regarding the new "Trump Accounts" for children.

Last week, on 10 October, the European Commission hosted the first of a series of online workshops and roundtables with stakeholders as part of its consultation on the SFDR (which we covered here).

Miami Shareholder Scott J. Bakal authored an Op-Ed for Israel's economic journal Globes.

Dan Pascucci of Mintz Levin's Litigation Practice discusses the importance of selecting the appropriate venue when pursuing assets that have been fraudulently moved across international borders.

Baker Botts was honored to host a taping of Bloomberg Wealth with David Rubenstein at our annual partner conference in Washington, DC. Mr. Rubenstein interviewed John Arnold.

Greta Thunberg's sail across the Atlantic to attend the UN's Climate Action Summit was an exhilarating event not just for climate change activists but for the investment community as well