Installment sales to intentionally defective (grantor) irrevocable trusts (IDITs) have long been a popular estate-planning tool.1 In a typical IDIT sale, the seller establishes, funds and then sells an asset to an irrevocable trust designed to be...
Conservation easements in estate plans protect natural resources and may lessen tax burdens
It’s all about the beneficiary
Longevity risk is an essential planning concept that’s misunderstood by advisors and clients alike...
Courts reject claims of an enforceable right to inheritance
State of residence versus state of mind in applying slayer statutes
Know the rules and your duties