The Internal Revenue Code provides each taxpayer's estate with an estate tax exemption of $5,490,000 (adjusted annually), and allows the...

Each taxpayer is allowed - for federal gift, estate, and Generation Skipping Tax purposes - an exemption of $5,490,000 (for 20017 - the...

The Generation Skipping Transfer Tax was instituted in 1986. Events and Transfers subject to this tax occur in various situations. And...

Income tax is - or should be - part of modern estate planning. This is one of a series of entries on this "hot" topic. State...

So much of estate planning has focused on protection of the "non-taxable threshold" - otherwise known as a "credit shelter trust". In...

"Portability" of a decedent's unused federal estate tax exemption refers to the election to add the exemption of a "first to die" spouse...

Assets are often held in trust for the trust beneficiary (as opposed to being distributed to the beneficiary) with the hope that trust...

Congress had all good intent when they introduced the idea of rolling a decedent's unused federal estate tax exemption over to his or her...