Trusts and Estates »
Trust and estate taxation is the merger of two certainties: death and taxes. Proper planning for transferring assets to children, charitable organizations or others can reduce taxes paid. From creating a will to making a gift or establishing a trust, this center contains information on the taxation of trusts and estates and gift taxes.
A Tax Free $650,000 Vacation
The name Karen Huff Klein became a household name after a video of her being verbally tormented by students went viral. Klein is a 68-year-old bus monitor for Athena Middle School in Greece, New
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Charitable Remainder Trust
Top Takeaways 1: Charitable Remainder Trust Basics For a Charitable Remainder Trust, the donor transfers assets, such as cash, stock or artwork, to a trust for a specified number of years. Each year, the
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Charitable Lead Trust
Top Takeaways 1: Charitable Lead Trusts Allows For Donations to Charity With Ability to Transfer to Heirs For some individuals wishing to give to charitable organizations, the charitable lead trust can offer a dependable
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The Basics of Crummey Trusts
A Crummey trust is a vehicle that allows parents to take advantage of tax planning through the use of the annual exclusion gift while also not handing over large amounts of money to their
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Transferring the Family Home To Children
The economy is currently in a recession with the real estate market seeing some of the biggest declines. Due to this decline people’s family homes probably have not appreciated much in value. One important
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Estate Planning for Same Sex Couples
Over the years, estate planning attorneys have drafted documents for same sex couples (legally married, civil union, or domestic partnership) without knowledge of whether the couple’s relationship would ever receive federal recognition. Only couples
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