Blog

The final part of our blog post series focuses on four common planning techniques under current law.   Each strategy is summarized along with a description of how proposed legislation would limit its effectiveness:   Intentionally Defective Grantor Trusts (IDGTs) An IDGT is a great way to remove appreciation from a...

Part Two of our blog post series focuses on Senator Bernie Sanders’ proposal to change the estate and gift tax laws.  While President Biden’s proposal did not change the existing estate and gift tax laws, Bernie Sanders’ “For the 99.5% Act” proposes significant changes to the current estate and gift...

Now that the democrats have control of all three branches, there have been a few estate planning proposals that could significantly alter the estate planning landscape.  Over a series of three blogs, I will discuss: President Biden’s proposal to treat gifts/death as a realization event Senator Bernie Sanders’ proposal to...

After the 2020 election and Georgia runoffs, Democrats now control both the House and the Senate.  This has the potential to have a significant impact on estate and wealth transfer planning in 2021 and going forward.  Part of President Biden’s tax agenda includes reducing the estate tax exemption to Pre-TCJA...