Trusts are ubiquitous in asset protection and estate planning. Regardless of a client’s wealth level, he should be using trusts to avoid problems such as a minor child inheriting money outright; ...

The goal of tax planning is to arrange your financial affairs so that you pay as few taxes as possible, and so the taxes you do pay are as low as possible. Here are four basic ways to reduce your ...

This is the first installment of a two-part article on the federal estate tax. Part 1 discusses the unified federal estate and gift tax rules, the exemption amount, the definition of a gross estate, ...

In late 2021, the IRS announced that it would be adjusting tax brackets for the 2022 tax year to account for inflation. That means that people who were previously in higher tax brackets may have moved ...