In their presentation, “Taking Care of Business: New Approaches to Business Succession Planning,” at the 59th annual Heckerling Institute on Estate Planning, Ellen K. Harrison and Natalie ...

The purpose trust has evolved into a powerful estate-planning trust in the United States. It’s a non-charitable trust without beneficiaries that generally perpetuates a purpose: to care for property.

The rise in the stock market over the past several years, teamed with the passage of the SECURE Act two years ago—as well as the scheduled 50% reduction in the size of the federal estate tax exemption ...

An Employee Ownership Trust holds a portion of ownership of a company for the benefit of a defined purpose, not an individual ...

The beginning of 2025 marked an uncertain year for estate tax planning purposes. With the estate tax exemptions set forth by ...

QPRTs are most appealing for individuals who have, or will have, a taxable estate for estate tax purposes at the time of their death. With interest rates continuing to rise, qualified personal ...

When a trust is created, three distinct roles define how it functions: the grantor, the trustee and the beneficiary. The grantor sets up the trust and contributes the assets. The trustee manages those ...

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. The Corporate Transparency Act (CTA) was established to tackle issues such as ...

This article discusses some strategies that married taxpayers can use to manage their estate tax liability by creating certain types of trusts. During the past 10 years, the federal estate tax has not ...

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. As the 2017 Tax Cuts and Jobs Act (TCJA) approaches its sunset on January 1, ...

The seeming finality of an irrevocable trust can sound scary to a lot of people. The whole idea that you are tying up large pools of your assets in a trust, and then giving control of that trust to ...