The FAST Act essentially allows the U.S. government to trap and hold U.S. citizens with alleged unpaid taxes. And it is.

Clients should file the penalty tax form whether they made the distribution or not.

Morgan Stanley has tripled its loans to high net worth individuals in the past five years while Goldman Sachs is expanding overseas.

These provisions are NOT an absolute safeguard against will or trust contests.

Paul Allen's family office, Vulcan Inc, has vast holdings that include real estate, art, sports teams and venture capital stakes.

Leverage the temporary increased exemption amount to realize permanent savings.

Paul Allen's art collection, which may be worth more than $1 billion, spans centuries from antiquities to contemporary art.

Estate planning causes people to face their own mortality; helping clients cope with this reality is vital.

Low tax rates could provide conversion opportunities for clients.

Encourage clients to gift now rather than as part of testamentary planning.