Robert F. Sharpe, Jr. explains how clients can combine their love for their heirs with the desire to help them be responsible.

David A. Handler and Alison E. Lothes highlight the most important tax law developments of the past month.

Associate legal editor Anna Sulkin discusses this month's cover.

Editor in Chief Susan R. Lipp discusses this month's issue.

Pulling the plug early on an underwater grantor-retained annuity trust can help turn failure into success.

Wealthy donors are not yet scared off from some Democratic senators' plans to increase taxes on the top 1 percent.

As wine families tend their grapes, so too should they tend their business succession planning.