Historically, only the very wealthy engaged in generation-skipping estate planning. Families and individuals who do not think of themselves as "very wealthy," however, also can reap significant benefits from this type of...more
We recently wrote about a window of opportunity to take advantage of the rising estate and gift tax exemption before it sets.
It is becoming clearer that the window may be shutting fast. The opportunity to take advantage...more
The amount that you can give to your children during life or leave to them after death estate tax-free currently is at a historically high level.
As of January 1, 2021, an individual can give or leave $11.7 million and a...more