As we are more than halfway through 2024, now is the time to start thinking about planning for the remainder of the year as well as potential planning opportunities for…
read moreMy client is charitably inclined. How should I be advising her as we approach the year-end? My client wants to make a charitable bequest through his estate plan – what…
read morePractitioners are quite aware that in 2026 the Federal estate and gift, estate and GST tax exemptions will be reduced by half. Clients might also be aware but have likely…
read moreIt is fairly common for a client to ask how an irrevocable trust might help a beneficiary to buy a house. There are many different options for how to handle…
read moreA client is buying life insurance, do they really need to set up an irrevocable life insurance trust (“ILIT”) to own that insurance? With high estate tax exemptions is that…
read moreState income taxes can be onerous. Rates can reach 14%+ and the effects of a high state income tax on trust income over years, or decades for long term trusts,…
read moreIn case you missed it, watch part one of our Estate Planning webinar series that will tackle the issue of grantor trusts and the burdensome income tax. Listen in as…
read moreThroughout 2021, SAX has been warning of dramatic and substantial structural changes that will severely impact estate planning opportunities. The recently proposed budget reconciliation package based upon the President’s Build…
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