The federal transfer tax exemption amounts increased in 2024 and will be reduced by half at the end of 2025. This client update discusses federal and state transfer tax inflation adjustme...
This client update highlights certain considerations that may be relevant to estate planning clients looking ahead to year-end, including information about 2023 federal estate, gift and G...
This update summarizes certain federal and state transfer tax developments and reminds clients of certain wealth transfer strategies that could be advantageous in the current environment.
On September 13, 2021, the House Ways and Means Committee released its tax proposal (the Committee Proposal) for raising revenue to help fund President Biden’s Build Back Better Act.
For much of 2020, estate planning clients have been focused on continuing to take advantage of the historically high federal estate, gift and generation-skipping transfer tax exemption am...
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into law on March 27, 2020 and, as part of its broad financial assistance and economic relief provisions, con...
The coronavirus (COVID-19) is having an enormous impact on all of us globally. This Client Memorandum highlights estate planning matters that may be particularly relevant in the current e...
We anticipate that, for higher-net-worth individuals, much of estate planning in 2020 will be focused on continuing to take advantage of the current $11.58 million ($23.16 million combine...
