Why You Must Fear the Estate Tax
(Forbes) — the estate tax is dead! Long live the estate tax! Like a Phoenix flaming on the political wind, only to extinguish, then burst anew, this now-you-see-me, now-you-don’t tax is overlooked only at the peril of lasting prosperity. For exposed families,...
Should Inheritances be Equal or Fair?
Stanley H. Teitelbaum, Martin M. Shenkman A common issue for those trying to plan an estate, especially the dispositive provisions of a will or revocable trust, are the dispositive provisions. The issue is summarized in a short phrase: “equal versus fair.” The...
Popular Wealth Transfer Techniques to Leverage Exemptions Remain Viable
At the recently concluded 53rd Annual Heckerling Institute on Estate Planning in Orlando, Fla., discussions, unsurprisingly, once again centered around the high exemptions outlined in the 2017 Tax Cuts and Jobs Act. In light of the significant increase to the federal...
The State of Estate Taxes
Sen. Bernie Sanders (I-VT.) recently unveiled a plan to dramatically expand the federal estate tax on the wealthy, including a new 77 percent rate on billionaires’ estates, as leading Democratic politicians push new taxes on the richest Americans to combat...
