Tariff and tax law uncertainty challenge freeports that have been used for centuries by the wealthy to store and transfer ...

Properly established and maintained, an incomplete gift nongrantor trust may play a valuable role in some clients’ estate ...

Taxpayers may be subject to the risk that an IRS examination could increase (or create) a gift tax or estate tax liability many years after a gift is made. Practitioners can help clients limit this ...

"This article will discuss a proposed statute to apply a no-contest or in terrorem clause to trusts. It will also discuss a ...

Distributing or delaying your family wealth depends entirely on your family situation. Revocable trusts help you avoid ...

The budget reconciliation bill passed by the House of Representatives on May 22, 2025 (the “Reconciliation Bill”), contains a ...

On May 22, 2025, the U.S. House of Representatives approved H.R. 1, also known as the “One Big Beautiful Bill Act” (the House Bill). The House ...

An illustration of a magnifying glass. An illustration of a magnifying glass.

The new changes are set to make the rules more robust and protect the role of employee ownership trusts (EOTs). With increases to capital gains tax (CGT), the popularity of EOTs is likely to grow.

WASHINGTON (AP) — House Republicans are advancing President Donald Trump’s big bill of tax breaks, spending cuts and beefed-up border security as Speaker Mike Johnson attempts to pass the ...

The Court was also persuaded by the range of other documentary evidence, including financial statements and tax returns, that the Property was held for the trust. The Court found that Norma’s estate ...

A new vape tax could be off the table after a legislator pulled the proposal from his bill in the Louisiana House on Wednesday. But state Rep. Ken Brass, D-Vacherie, said the Senate will consider ...