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With a federal estate tax rate of 40%, estate planning conversations often start and stop with the relatively high federal exemption (currently $15 million for individuals and $30...
A $15 million federal exemption won't stop your home state or the IRS from demanding a massive cut of what you've spent a lifetime building. Even... <p>The post Life Insuranc...
On May 12, 2026, a Bill entitled the “Fair Trusts for Fiscal Responsibility Act” was introduced in the Senate by Sen. Patty Murray and co-led by Sen. Ron Wyden. The proposed legisl...
Inheritance tax used to be a worry for the wealthy, but now soaring numbers of bereaved families with modest estates are being hit with a bill.
IHT revenues continue to be boosted by frozen nil‑rate bands
Martin M. Shenkman and Joy Matak report on the legislative trend to increase taxes and recommend that practitioners discuss with clients this evolving estate-planning environment.
New options to explore with your clients.
How a deceivingly simple estate-planning tool can leave beneficiaries exposed.
Ultra-high-net-worth individuals and families face a valuation environment that is far more complex than simply determining the worth of an asset. In the context of trust, gift, an...
Federal employees and spouses often hear the phrase: "It's an inheritance, so it's tax-free." But is that actually true? In this FERS Federal Fact Check episode, Micah Shilanski,...
Feature on Estate Planning & Taxation
It is often said that inheritance tax is hated by the many and paid by the few. But the few have been growing in number and facing bigger bills.
Last month, New York’s governor announced that the State’s FY 2027 budget will include the enactment of an annual surcharge on second homes in New York City that are valued at $5 m...
In our third installment recapping states’ efforts to impose new taxes on high net worth individuals, we provide updates on Washington’s Millionaires Tax, New York State’s efforts...
Understand what families should know about credit shelter trusts and estate taxes to protect your wealth and secure your legacy. What Families Should Know About Credit Shelter Trus...
The proposed tax would be levied at 1% of the purchase price and would be paid by the buyer.
Selling a house should be the simple part. You find a buyer, agree on a price, sign approximately nine hundred documents, and wonder why everyone in real estate owns the same navy...
This Tax Day, a Windermere estate planning attorney is offering free consultations to help Florida families keep more of what they built. The post Pathway Law Says Stop Letting the...
Levy on inherited farms and family businesses worth £2.5m or more comes into force 6 AprilA new inheritance tax regime for UK farms and family businesses comes into force on Monday...
Estate planning for couples moving between community property and common law U.S. jurisdictions
It's a subject that no one likes to think about, much less speak about with loved ones. But spending even just a few hours planning your finances for when you are gone can spare te...
If you plan to pass down your home, there’s a hidden cost many families don’t see coming until it’s too late. Probate—the legal process of...
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