Experienced trusts and estates attorneys consistently observe how proper planning can mean the difference between a thriving legacy and a fragmented enterprise. For family-owned life insurance businesses, the stakes are...more
7/17/2025
/ Beneficiaries ,
Business Ownership ,
Buy-Sell Agreements ,
Estate Planning ,
Estate Tax ,
Family Businesses ,
Family Limited Partnerships ,
Gift Tax ,
Irrevocable Life Insurance Trusts ,
Life Insurance ,
Limited Partnerships ,
Succession Planning ,
Tax Planning ,
Trusts ,
Wills
$50,000 or $2.72 million? Those are the penalty amounts for the non-willful failure to timely file to report foreign financial accounts at issue in U.S. v Bittner, which will be argued before the U.S. Supreme Court in...more
10/6/2022
/ Beneficiaries ,
Dual Citizenship ,
Failure to Report ,
FBAR ,
Foreign Bank Accounts ,
Foreign Financial Accounts ,
Grantor Trusts ,
IRS ,
Mutual Funds ,
SCOTUS ,
Trustees