By Genevieve M. Moore , Morrison & Foerster LLP As the year winds down, many of our clients are taking advantage of the unprecedented opportunity to make gifts of up to $5,120,000, per donor, free of any federal gift tax. Since the federal generation... Read More
I have written in the past about designing Trusts for children. Indeed, you can see under the "Most Popular Posts" section of my blog, a post devoted to the subject. In planning for children, the question always comes up: upon the death of... Read More
If the estate planning lawyers you know are looking even more pallid than usual this morning, its likely because of this story in today's WSJ : A type of trust used by the wealthy to shelter assets from estate taxes for hundreds of years, or even... Read More
If the estate planning lawyers you know are looking even more pallid than usual this morning, its likely because of this story in today's WSJ : A type of trust used by the wealthy to shelter assets from estate taxes for hundreds of years, or... Read More
Happy New Year The end of the year and the start of a new one is the traditional time for retrospectives and predictions. In the estate world, the dominate theme in 2011 was the extraordinary asset transfer opportunities available to the wealthy... Read More
If a property owner intends for property to remain in trust for the use and enjoyment not only of the owner's children, but for future generations of descendants, a "dynasty trust" can be an excellent vehicle to accomplish this objective... Read More