The biggest obstacle to working with women in the throes of divorce is financial illiteracy—or rather, the fear of being perceived as financially illiterate.

From Park Avenue to Palm Beach, the conversation keeps turning to the same uncomfortable subject: an onslaught of taxes and the closing of the Billionaires’ Loophole.

Bridget J. Crawford, professor of law, Pace University School of Law in White Plains, N.Y., Kelly Purser, faculty of business and law, Queensland University of Technology in Brisbane, Australia and Tina Cockburn, faculty of law, Queensland...

Stephanie Emrick, attorney at Scruggs, Carmichael & Wershow, P.A. in Gainesville, Fla.

Thomas Simmons, professor, University of South Dakota Knudson School of Law in Vermillion, S.D.

Grayson M.P. McCough, the Gerald Sohn professor of law at the University of Florida in Gainesville, Fla.

The newly created non-required distribution period may negatively impact a trust’s current income beneficiary’s entitlement to all the trust’s net income.

Steps to make transfer of assets more efficient and with less wasted cost and time.

What to expect beginning in 2022.

When beneficiaries include charities, meeting the required minimum distribution rules can get complicated.