Estate and Elder Law

Recent Posts

QPRTS and PRTS: Planning Strategies for Transferring Family Homes
Posted on 13 Aug 2010 by Nancy G. Henderson

As an alternative to gifting direct interests in a family home to children, a donor can establish an inter vivos trust for the benefit of children or other family members and make gifts of interests in the property to such a trust during life. There are... Read More

Outright Gifting of Property Interests
Posted on 9 Aug 2010 by Nancy G. Henderson

From the donor's perspective, the simplest alternative for transferring a family home to children and grandchildren is to make outright gifts of real property interests. In this Analysis, Nancy G. Henderson discusses gifting with the annual exclusion... Read More

Primary Tax Considerations in Planning for Succession to Family Homes
Posted on 9 Aug 2010 by Nancy G. Henderson

Estate planning for the succession to family properties requires careful consideration of a number of complicated, and sometimes conflicting, tax laws. In this Analysis, Nancy G. Henderson discusses primary tax considerations in estate planning for family... Read More

Tax Planning Strategies for Transferring Family Homes: Dynasty Trusts
Posted on 13 Aug 2010 by Nancy G. Henderson

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

Transferring Family Homes: Family Limited Partnerships, LLCs, and Trusts
Posted on 10 Aug 2010 by Nancy G. Henderson

An alternative to gifting direct interests in a family home to children or other family members is to transfer the property to a family limited partnership (FLP) or a limited liability company (LLC) and to make gifts of interests in the partnership or... Read More

Tax Planning Strategies for Transferring Family Homes: Dynasty Trusts
Posted on 13 Aug 2010 by Nancy G. Henderson

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

QPRTS and PRTS: Planning Strategies for Transferring Family Homes
Posted on 13 Aug 2010 by Nancy G. Henderson

As an alternative to gifting direct interests in a family home to children, a donor can establish an inter vivos trust for the benefit of children or other family members and make gifts of interests in the property to such a trust during life. There... Read More

Transferring Family Homes: Family Limited Partnerships, LLCs, and Trusts
Posted on 10 Aug 2010 by Nancy G. Henderson

An alternative to gifting direct interests in a family home to children or other family members is to transfer the property to a family limited partnership (FLP) or a limited liability company (LLC) and to make gifts of interests in the partnership... Read More

Outright Gifting of Property Interests
Posted on 9 Aug 2010 by Nancy G. Henderson

From the donor's perspective, the simplest alternative for transferring a family home to children and grandchildren is to make outright gifts of real property interests. In this Analysis, Nancy G. Henderson discusses gifting with the annual exclusion... Read More

Primary Tax Considerations in Planning for Succession to Family Homes
Posted on 9 Aug 2010 by Nancy G. Henderson

Estate planning for the succession to family properties requires careful consideration of a number of complicated, and sometimes conflicting, tax laws. In this Analysis, Nancy G. Henderson discusses primary tax considerations in estate planning for... Read More