588 results found

The June Section 7520 rate for use in estate planning techniques such as CRTs, CLTs, QPRTs and GRATs is 4.2%, a slight decrease from the May rate of 4.4%.

On March 5, 2026, the staff of the SEC's Division of Investment Management (the "Staff") published four new frequently asked questions (the "FAQs") addressing Rule 12d1-4...

October 2021 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts

Irrevocable trusts are often viewed as rigid, permanent components of an estate plan designed to preserve wealth, minimize taxes, and protect assets.

On November 30, 2018, the Administrator of the Colorado Uniform Consumer Credit Code (the "Administrator") took Colorado's longstanding litigation against marketplace lenders Avant

In a pair of decisions in 2015, the United States Bankruptcy Court of the District of Delaware determined that neither the first lien notes trustee nor the second lien notes trustee of EFIH was entitled to receive a make-whole on the repayment of the corresponding indebtedness.

Many foreign grantors establish foreign trusts to benefit themselves and their foreign beneficiaries. It is not uncommon, however, for a foreign beneficiary to relocate to the United States.

Do you or did you have a wealthy relative from a different country? Did that relative make you a beneficiary of a non-U.S. trust? Lucky you. But beware that free wealth.

Young athletes are earning significant income through NIL deals before turning professional, yet traditional financial advisory models introduce legal and estate planning too late in their careers. How can the sports industry better protect athletes' wealth by establishing coordinated advisory teams, trust structures, and comprehensive planning during the NIL era rather than waiting until after major contracts are signed?

Given the potential reduction of the federal gift tax exemption in the years ahead, the socioeconomic uncertainties caused by the Coronavirus pandemic, and historically low interest rates, ...

Important federal interest rates continue to hold relatively steady. The October Section 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs is 0.4%, which is...

The "Bipartisan Budget Act of 2018" added the "Newman's Own" exception to the private foundation excess business holdings rule, allowing business owners to make a charitable contribution of 100% ...

On January 1, 2024, the CTA went into effect. The CTA aims to combat illicit financial activity and enhance national security interests by requiring certain entities to file beneficial ownership information reports ...

The United States Department of the Treasury's Financial Crimes Enforcement Network ("FinCEN") has issued a final rule, available here, establishing beneficial ownership reporting requirements...

When multiple family members seek estate planning services together, can one attorney represent everyone? This article examines the complex ethical boundaries that govern attorney-client relationships in family estate planning, exploring when joint representation is permissible and when conflicts of interest require separate counsel.

The new Missouri Family Trust Company Act allows families to establish their own family-owned and -controlled private trust companies, which can hire banks and public trust companies to assist with investment and management functions.

The Texas Legislatures recently passed a bill that takes effect on September 1, 2021 that extends the rule against perpetuities to 300 years for trusts.

So, you're cruising along in the pre-FATCA/CRS world.