Estate taxes

While proceeds from life insurance are not subject to income tax, there are other taxes that will apply. But there are steps to take to avoid those liabilities too.

Both are structured to last a long time — sometimes forever. But beware of one-size-fits-all approaches.

Much of the latest guidance about setting up trusts is overly simplistic and can do a disservice to clients.

Financial advisors should immediately contact clients with prenuptial agreements to see if they’re impacted.

A majority of affluent Americans are likely to adjust their financial plans under the new law, according to the AICPA. Here's how advisors can help.

Addressing the subject of mortality can be tough — but advisors can help make the conversation less painful.

Only 17 states permit these trusts, which can play an important role in planning for income taxes and estate taxes.

Combating these misconceptions may help taxpayers maximize benefits.

When 2018 taxes are due in April 2019, millions of Americans could find themselves owing the government far more than was withheld.

Offering specialized planning is now essential to attract and retain HNW clients.

It’s a pretty safe bet that all those in the rarefied strata hold at least some municipal bonds.

Advisors and their clients may not yet realize how much the new regulations dramatically change their strategies.

The law has numerous income tax consequences for individuals and businesses.

The new law will affect how financial advisors and clients evaluate the pros and cons.

Seniors are less likely to itemize tax deductions this year as a result, an expert says.

The drastic changes are shaking up the status quo of estate planning. Here’s how financial planners need to change their approach.

The estate of Michael Jackson looks to have escaped a possibly hefty penalty for allegedly undervaluing the late singer’s assets.

“We’ve had tons and tons of interest from clients," one expert says.

Financial planners report wide demand to learn how to exploit changes in the tax code.

When giving cash gifts to grandchildren this holiday season, clients have options that can also help minimize their estate taxes in the future.