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This memorandum provides an update regarding certain tax and trust law changes of interest to individual clients, as well as related planning opportunities that clients may wish to consider.

The trustee of a trust that owns an interest in a family limited liability company did not have a conflict of interest merely because he also owned an interest in the company individually.

Florida's newest trust laws taking effect this summer are turning up the heat in what is already a hot estate planning scene. With the federal estate and gift tax exemption for U.S. citizens...

With continuing uncertainty regarding the federal estate tax laws, the Spousal Lifetime Access Trust (SLAT) is a popular option that helps high net-worth individuals maintain flexibility while maximizing their financial planning.

Earlier this week, the Consumer Financial Protection Bureau ("CFPB") won an important court ruling in a long-running case against student loan securitization trusts.

It is a rare day that the Court of Appeals, New York's highest Court, deals with trust and estate matters, let alone something as granular as the validity of an in terrorem clause.

The Internal Revenue Code permits a surviving spouse to utilize or "port" the deceased spousal unused exclusion ("DSUE") if: (1) the executor of the estate of the deceased spouse files...

On January 11, 2019, the United States Supreme Court granted certiorari in North Carolina Department of Revenue v. The Kimberly Rice Kaestner 1992 Family Trust ("Kaestner").

The February Section 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs is .6%, which is unchanged from the January rate.

As a follow up to our Insight from November 3, 2022, regulations under the Corporate Transparency Act ("CTA") requiring reporting of beneficial...

So, do you have a desire to gift or bequeath money to your favorite charitable organization, but are concerned that either (i) you will need the income generated by the property during your retirement or ...

The Sixth Circuit Court of Appeals recently took up the controversial issue of whether a liquidating trustee's lawsuit, alleging breach of fiduciary duty against a corporate debtor's officers...

On March 20, 2024, Gov. Tony Evers signed Senate Bill 759, also known as the Wisconsin Trust Code Trailer Bill or the "Trailer Bill."

In a previous ke kumu article, we introduced the newly adopted Hawaiʻi Uniform Trust Code ("UTC"), which went into effect on January 1, 2022.

Florida recently enacted two major pieces of legislation that provide significant new estate planning opportunities for families with ties to the sunshine state.

Family offices face unprecedented challenges in managing risk across complex, globally dispersed enterprises. This examination reveals how centralized control structures, clear role definitions, and strategic communication frameworks enable family offices to navigate physical, digital, and operational threats. Discover the essential three-P framework—people, processes, and preparation—that empowers these organizations to protect wealth and respond decisively when risks emerge.

On April 23, 2014, Mississippi Governor Bryant signed House Bill 846, titled the "Mississippi Qualified Disposition in Trust Act."