Crummey Powers

Estate planners often worry about minimizing or avoiding estate taxation at death, but gift taxation must be considered when making transfers during lifetime. Smaller gifts can avoid gift taxation due to the gift tax annual exclusion, which…

This webinar will examine the options available in all InterActive Legal practice systems to add powers of appointment and beneficiary withdrawal rights to trusts.

Unless falling under an exception, exclusion or special rule, a generation-skipping transfer tax is imposed by Code Sec. §2601 whenever property is transferred through or around one younger generation (such as the generation of the…

Unless falling under an exception, exclusion or special rule, a generation-skipping transfer tax is imposed by IRC §2601 whenever property is transferred through or around one younger generation (such as the generation of the transferor's…

Life insurance has always been important in estate planning for both tax and non-tax reasons. Traditionally, individuals have acquired life insurance to meet a variety of concerns;