Archive: Estates and Trusts

Whenever there is a change to estate tax laws, it can be particularly consequential to our clients. Assets that comprise a Decedent’s (deceased person’s) “taxable estate” are assets considered under the Decedent’s control as of the date of his/her death.  Assets under a Decedent’s control and part of his/her taxable estate may be exposed to...

As we age, the adage “you can’t take it with you” begins to hit home.  Indeed, many of our estate planning clients consider inter vivos (during lifetime) gifts to family members as part of their estate planning. Let’s bust three of the most common myths that exist about lifetime gifting.   Myth 1 – The recipient of...