Trusts can play an important role in reducing estate taxes, but the tax benefits depend on how the trust is structured. For ...

Its effectiveness depends on the interaction of drafting, local law, tax calculation, fiduciary independence, valuation and ...

For some wealthy clients, charitable giving can come with a frustrating limitation: They may not have enough itemized deductions to get the full tax benefit they expect. Processing Content A ...

This week, the federal government introduced into parliament proposed changes to discretionary trusts, imposing a new minimum 30% tax rate on income from trusts. While these trusts can have legitimate ...

For Massachusetts residents, gifting cash to an irrevocable trust can reduce federal and state estate tax, even if your ...

A charitable remainder unitrust or annuity trust could help inherited individual retirement account heirs push back the additional income and accompanying taxes; a non-grantor trust can tap into the ...

Learn how rising interest rates can affect estate-planning strategies, from charitable trusts and GRATs to tax-free wealth ...

Thoughtful planning can help taxpayers who own QSBS Shares multiply the QSBS Exclusion while simultaneously achieving their estate planning objectives. Section 1202 of the Internal Revenue Code ...

Wealth planning strategies are rarely about numbers alone, and traditional structures may not meet the complex long-term goals individuals seek to achieve. One planning concept that has gained ...

Labor's proposed trust tax could result in tax rates of 60 per cent in some circumstances as part of a crackdown on so-called "bucket companies" the government says are used to reduce tax.

Estate planning is the process of arranging how your assets will be managed and transferred during your life and after death — and for high-net-worth families, it extends far beyond a simple will into ...

This new act simplifies the rules for irrevocable trusts to mirror those in other jurisdictions, and it provides an opportunity for grantors to plan for new irrevocable trusts, and for grantors, ...