588 results found

An essential and often confused distinction in tax and estate planning is the difference between a "revocable trust" and an "irrevocable trust." Recent changes in Connecticut law...

As we reported in our Client and Friends memo last month, the Third Circuit published an opinion on March 19th finding that statutory trusts such as those that make up the National Collegiate...

New York lacks a formal slayer statute but applies a common-law "slayer rule" established in the landmark 1889 case Riggs v Palmer, which prevents individuals from profiting through their own wrongdoing.

As Treasury scrutinizes aggressive trust stacking strategies that multiply QSBS tax exclusions, venture-backed founders and investors face a critical window to optimize their tax planning. The article examines how this powerful wealth-building tool is evolving and what stakeholders need to consider before potential regulatory changes reshape the landscape.

The May § 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs is 2.4%, down 0.2% from April.

There are two schools of thought on naming at trust as a beneficiary of an IRA: (1) NEVER DO IT, and (2) do it if it meets your goals.

Several attorneys from the Non-Profit Organizations/Public Charities Division of the Office of the Attorney General (the Division) participated in an engaging panel discussion...

The Internal Revenue Code of 1986 (the "Code"), generally requires annual information reporting of a U.S. person's contributions to, ownership of, and distributions from, foreign trusts.

You may have had conversations with family members about whether you would be willing to serve as a trustee of a trust for the children of a family member, particularly in the event ...

Last month I explored the potential advantages of naming a corporate trustee, acknowledging that the decision is ultimately a matter of personal preference.

On Jan. 29 in San Francisco, former Google engineer Linwei Ding was convicted after trial of economic espionage and trade secrets theft for taking hundreds of Google's confidential documents on AI chip technology...

As personal and financial lives increasingly move online, estate planning must evolve to address digital assets ranging from email accounts and social media profiles to cryptocurrency and cloud-stored business records. Without proper planning, these assets can become inaccessible or lost upon incapacity or death, creating legal, financial, and emotional complications for loved ones and fiduciaries.

Estate planning is essential for professionals looking to secure their financial legacy and protect their assets. This comprehensive legal overview details the intricacies...

US institutional investors are governed by legal standards like those contained in the Employee Retirement and Income Security Act (ERISA) and similar laws that are relevant to their engagement with companies.

Constructing a sturdy and welcoming home worthy of the ages requires meticulous planning, thoughtful design, and great attention to detail.

On October 6, 2026, the Internal Revenue Service (IRS) released Revenue Procedure 2026-20, which clarifies, modifies, and supersedes Revenue Procedure 2025-31.

Trusts are a fundamental part of many estate plans because they provide asset protection and probate avoidance. Choosing the right trustee is a key consideration in establishing a trust.