Reviews the best investment strategies—and legal principles—for trustees to consider and follow when looking to balance various factors to carry out the trust purpose in the best interests of its beneficiaries.
Uncovers the emotional issues, testamentary plan structure, titling considerations and lifetime gifting issues around tangible property—and the high-level challenges when trying to plan for it.
Steps planners through requirements for quid pro quo (QPQ) gifts—payment made partly as a contribution and partly in consideration for goods or services—and the special rules regarding tax deductions.
Considers the latest best practices—as well as the family dynamics issues and tax considerations—for dealing with families who are thinking about selling their businesses.
Exposes the terms or language that practitioners who draft trust documents don’t always consider that can make it very hard for fiduciaries to enforce the grantor’s wishes.
