Turney P. Berry describes a potentially promising transaction that’s been made possible by the enormous increase in transfer tax exemptions.

Robert F. Sharpe, Jr. explains the effect of changes in the federal estate and gift tax laws on philanthropic estate planning.

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.

What to do with existing policies.

Recent decision allows Montana fraudulent transfer finding to affect protections of a self-settled trust.