Trusts

Biden’s 2023 budget could be DOA, but advisors still have to shepherd clients tired of yet another round of talk about tax increases.

Harold Hamm, the founder of Continental Resources, will pass a stake of his company worth $2.3 billion to each of his five children.

Rich investors with sizable business losses are caught in pandemic tax hell amid IRS delays.

Gift tax returns and the wealth transfer strategies they reflect don’t face the same IRS logjams as individual returns.

Spousal lifetime access trusts are surging in popularity, but they aren’t as simple as some advisors or clients may think.

Build Back Better legislation contains provisions that, collectively, would cause seismic changes in the estate planning world.

Good luck getting in to see an estate planner if you don’t already have one. Cross your fingers if you do.

Policies held in grantor trusts would be subject to estate tax under Democrats’ plan, the latest blow to wealth management for the affluent.

The use of a SLAT to eliminate the risk of changes in the estate and gift tax system can help separate legacy assets from lifetime assets.

The agency will consider whether to require affluent taxpayers to pay tax on transfers to trusts made under higher exemptions that expire come 2026.