A large part of business sucession planning is structuring the transfer of business ownership. While outright transfers can be less complex, transferring ownership in trust can provide practical benefits that are worth...more
6/30/2025
/ Beneficiaries ,
Business Ownership ,
Business Succession ,
Estate Planning ,
Family Businesses ,
Fiduciary Duty ,
Grantor Trusts ,
Risk Management ,
S-Corporation ,
Shareholders ,
Tax Planning ,
Trusts
Business succession planning and estate planning are often linked together, particularly in the case of closely held family businesses. In the case of a shareholder who wishes to pass along their shares of an S corporation as...more
6/11/2025
/ Beneficiaries ,
Business Plans ,
Business Succession ,
Closely Held Businesses ,
Estate Planning ,
Family Businesses ,
Filing Requirements ,
Grantor Trusts ,
Internal Revenue Code (IRC) ,
IRS ,
S-Corporation ,
Shareholders ,
Tax Planning ,
Taxation ,
Trusts
With the looming elections, tax planners have taken time to consider what the future of Estate and Gift Tax planning might be under the new Congress. Every new Congress considers changes to the Internal Revenue Code of 1986,...more
11/4/2024
/ Beneficiaries ,
Closely Held Businesses ,
Donald Trump ,
Estate Planning ,
Estate Tax ,
Estate-Tax Exemption ,
Fair Market Value ,
Family Limited Partnerships ,
Gift Tax ,
Gift-Tax Exemption ,
Green Book ,
Heirs ,
Internal Revenue Code (IRC) ,
IRS ,
Kamala Harris ,
Legislative Agendas ,
Proposed Rules ,
Regulatory Agenda ,
Tax Cuts and Jobs Act ,
Tax Planning ,
Transfer of Assets ,
Treasury Regulations ,
Valuation ,
Wealth Management
When considering an estate plan, clients who own firearms should remember that very often, their firearms require special consideration and planning, particularly given the intricacies of federal, state, and local gun laws...more
10/18/2023
/ Beneficiaries ,
Estate Planning ,
Firearms ,
Gun Laws ,
Inheritance ,
NRA ,
Personal Property ,
Regulatory Requirements ,
Strategic Planning ,
Transfer of Assets ,
Trustees ,
Trusts