Estate Planning

Rethinking estate planning for family businesses

Fifth Circuit holds grantees responsible to pay IRS, but limits amount, including interest, to total fair market value of gift

It depends. | Sergey_P/iStock/Thinkstock Over the last few days, top portfolio managers and financial advisors have declared the recent volatility a good buying opportunity. But investors aren’t as sure, according to a recent poll by Eaton...

Court rules wife's portion of late author's $86 million estate tax-free.

Historical Society loses lawsuit against Foundation for money to preserve Sagtikos Manor on Gardiner’s Island

Estate planning mistakes are common. Too often, there’s failure to execute a last will and testament or update beneficiary information on life insurance and qualified retirement accounts. Luckily, most estate planning attorneys can ably...

Surface Transportation and Veterans Health Care Choice Improvement Act provides clarification of this issue

An ideal time to talk to children | Guillermo Lobo/iStock/Thinkstock According to a Visa survey, children in the U.S. this year receive an average of $3.19 per tooth from the Tooth Fairy, a 24-cent drop from 2014. Younger children, who can...

Deliberate thought on what your client’s POA should say concerning gifts is vital to his financial security and accomplishing his planning goals

The latest fight has been settled. | Evening Standard/Getty Images Another example of what happens when the wealthy die without a will: The latest in a long line of conflicts among the surviving members of Jimi Hendrix’s family settled out...