The sun has risen again. How you and your family can benefit from a (legal) late portability election.

July 6, 2017

The concept of “portability” is still relatively new in the law of estate planning, having become available only after 2011. Since then, it’s been both a blessing (for its tax saving benefit) and a curse (because of rules that seemed to be constantly shifting). Fortunately, the IRS has recently clarified some important deadlines about portability. Continue reading

Trusts Now Offer More Compelling Reasons to Exist

February 24, 2017:   Trusts have been viewed in the past mostly as vehicles that avoid or minimize estate taxes. However, now with married couples having close to an $11 million exemption from such taxes, let alone the new Washington DC administration’s likelihood of repealing the federal estate tax, trusts that offer other advantages take the spotlight. Continue reading