Clayton QTIP

Credit-Shelter Trusts (sometimes called “Bypass Trusts”) are a common feature in married estate plans when estate taxation is a concern.  While we cover credit-shelter trusts in our practice system training, most clients don’t need them,…

This month’s subscriber drafting webinar will focus on estate tax planning in states that have a separate state estate tax system with a state exemption that is lower than the federal exemption.  In that situation, there is an added layer…

Between a simpler estate plan that benefits the spouse and a more complicated bypass trust plan designed to reduce estate taxes. For many clients, the high federal estate tax exemption means their estate will not be subject to tax, but if…

With the amount of the federal estate tax exemption likely to drop to a lower, but as yet unknown, amount, more clients may be subject to estate taxation. This may mean that a bypass trust is the best plan for more clients, but when the…

Estate tax planning is currently on the back burner for most estate planners, because it’s not a concern for the vast majority of our clients. However, with the upcoming election and a dramatic new need for revenue, the estate tax exemption…

A recent InterActive Legal blog post discussed the benefits of using a Clayton QTIP. In this Subscriber Drafting Webinar, we will focus on how to draft an estate plan that incorporates this type of trust.

In this webinar, we will discuss drafting estate plans for married couples with a "wait-and-see" tax planning approach.

Post-mortem flexibility is imperative for Elder Law practitioners and their clients. Careful attention must be given to potential income, estate and gift tax issues and potential disqualifying transfers for Medicaid. What is favorable from…

Fiduciaries often face many tax options and elections during the administration of an estate or trust. The manner in which the fiduciary exercises, or does not exercise, tax elections and options will significantly affect one, some, or all…