In estate planning, taxpayers and their advisers may overlook the potential generation-skipping transfer tax implications of ...

Control your legacy and avoid errors with a life insurance trust.

Under US tax law, individuals who give up citizenship or relinquish a long-term green card (held for eight years or more) may be subject to the exit tax provisions under the internal revenue code ...

Protect your family's wealth with an Irrevocable Life Insurance Trust (ILIT)! Learn how to legally avoid estate taxes and secure generational wealth. Trump’s $10 billion IRS lawsuit hits stumbling ...

For years, affluent Marylanders routinely crossed the border to Delaware or Virginia when setting up complex trusts, attracted by those states’ stronger liability shields and more permissive trustee ...

A family trust can be a powerful tool—but it’s not right for everyone.

A trust can be a valuable way to protect your estate, but there are many considerations to make when choosing the right type of trust for your needs. For example, does a revocable trust become ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Forbes contributors publish independent expert analyses and insights. I write about charitable giving and estate planning ideas. Many taxpayers created irrevocable trusts and transferred significant ...

My husband is 70 and I’m 68. He just began taking Social Security from which he gets $4,700 a month. I am going to wait until I’m 70 before I collect Social Security, at which time I’ll receive $3,000 ...