Although the IRS is now on high alert for wealthy individuals, new and existing planning opportunities are available, such as tax-free gifts and other advantageous planning.
Wealthy individuals and families should take...more
10/19/2023
/ Charitable Lead Annuity Trust ,
Estate Planning ,
Estate Tax ,
Generation-Skipping Transfer ,
Gift-Tax Exemption ,
Grantor Retained Annuity Trusts (GRATs) ,
Grantor Trusts ,
Inflation Reduction Act (IRA) ,
Internal Revenue Code (IRC) ,
IRS ,
Promissory Notes ,
Qualified Small Business Stock ,
Renewable Energy ,
Spousal Lifetime Access Trust (SLAT) ,
Tax Incentives ,
Tax Planning ,
U.S. Treasury ,
Wealth Management
As 2022 comes to a close, it is worth taking note of the current state of the legislative landscape that could affect estate planning opportunities in the coming year. This year, the Inflation Reduction Act was enacted into...more
Plan focuses on eliminating certain available estate planning opportunities and increasing rates for corporations and high net worth individuals.
The proposed tax plan from House Ways and Means Committee seeks to eliminate...more
10/1/2021
/ Capital Gains Tax ,
Corporate Taxes ,
Estate Tax ,
Grantor Retained Annuity Trusts (GRATs) ,
Grantor Trusts ,
High Net-Worth ,
Income Taxes ,
Irrevocable Life Insurance Trusts ,
New Rules ,
Qualified Small Business Stock ,
Tax Cuts and Jobs Act ,
Tax Planning ,
Valuation ,
Ways and Means Committee