Formula Gift

The uncertainty that drove a significant amount of estate planning at the end of 2020 has carried over into the new year, with many attorneys drafting trusts for clients in an effort to use the relatively high gift and estate tax exemption…

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…

For most wealthy married property owners, the marital deduction is the most important estate tax planning benefit available under current law. Although the Economic Recovery Tax Act of 1981 made the federal marital deduction "unlimited" for…