A long-term trust designed to preserve wealth across generations while minimizing estate taxes.
A federal tax on the transfer of the estate of a deceased person.
Understand the essentials of Form 706 for estate taxes and inheritances, complete with humor and financial wisdom!
A Generation-Skipping Trust (GST) is a type of trust that allows assets to pass directly to grandchildren or others, bypassing the children to minimize estate taxes.
Assets bequeathed to loved ones after an individual's demise.
An estate-planning tool that cleverly segregates income tax and estate tax treatments for effective wealth management.
Understanding Irrevocable Trusts: The Unchangeable Anchor of Estate Planning
A Qualified Domestic Trust allows non-U.S. citizen surviving spouses to benefit from the marital deduction on estate taxes.
A trust designed to reduce gift tax when transferring a personal home.
A simple explanation of the Unified Tax Credit and its hilarities.
The unlimited marital deduction allows an individual to transfer an unrestricted amount of assets to their spouse free from tax, making estate and gift taxes as absent as your neighbor’s lawn care on a Saturday!
