Marital/Community Property

Estate planning for clients who have blended or stepfamilies often presents significant and perplexing challenges for estate planners in the substantive planning. As if that was not difficult enough, estate planners may also encounter…

Matrimonial Issues and Trust Planning: Using a separate/special revocable trust to preserve the separate property characterization of particular assets and to avoid commingling.

This presentation will cover the use and operation of joint revocable trusts in general, for both taxable and non-taxable estates, and will also examine the Alaska Community Property Trust, and explain why it’s a relatively simple thing to…

In this world of constant uncertainty, only one thing is clear, planners need a roadmap in order to be successful in crafting strategies to preserve and protect their clients’ wealth.

For decades, the primary focus of estate planning lectures and publications was about preserving the maximum value of an estate, primarily through estate tax planning.

This Article analyzes Alaska's new community property law, which permits married residents to elect a community property regime. This Article analyzes the tax aspects when a resident establishes a community property trust. Specifically,…

The state of Alaska has adopted a new community property law which a married couple may elect to treat all of their assets or specific assets as community property. This article discusses the estate planning uses and implications of…

The Alaska Community Property Act, signed into law in May, allows a married Alaskan or an Alaskan married couple to elect for some or all of his, her or their property to become community property, and permits married persons not resident…

Demographers contend that more than one-half of all marriages in America will end by divorce rather than by death. As a consequence, practitioners often are required to undertake estate planning for a property owner who is in a second or…