Avoiding a GSTT Asteroid FN1Revisiting a Dangerous Adversary: The Generation Skipping Transfer TaxBy: Robert L. Moshman, Esq."It hit with the force of 10,000 nuclear weapons. A trillion tons of dirt and rock hurtled into the atmosphere, creating a suffocating blanket of dust the...
Recently in Multigenerational Values Category
Ode to the Trust - 1st SonataBy: Martin M. Shenkman, CPA, MBA, JDEditor's Note: This is the first in a two-part article by Mr. Shenkman on the management of trusts. The second part will be published in one week.Summary: So...
FLP UpdateBy: Martin M. ShenkmanSummary: FLPs and LLCs remain the focus of many estate plans, and the tax implications are significant. Common use, however, does not imply simple or assured tax results. The following comments were gleaned from a presentation by...
The Perils of PortabilityRobert L. Moshman, Esq.I don't keep much stuff aroundI value my portabilitybut I will say that I have savedevery letter you ever wrote to me--"Soft Shoulder" by Ani DiFranco Portability of a decedent's estate tax exclusion amount to...
Continue reading "Estate Analyst: The Perils of Portability"
A New Perspective on Employee Stock Ownership PlansUsing ESOPs for inter-generational estate plansBy George G. Cassiere, ASA, CFA &Brian A. Eagle, J.D.IntroductionThe authors of this article have collectively implemented over 200 Employee Stock Ownership Plan ("ESOP") transactions and hundreds of...
Continue reading "A New Perspective on Employee Stock Ownership Plans"
Estate and Gift Taxes Reunited, Estate Planning for 2011& Voices of 2010By: Robert L. Moshman, Esq."Reunited and it feels so goodReunited 'cause we understoodThere's one perfect fitAnd, sugar, this one is itWe both are so excited 'Cause we're reunited, hey,...
Continue reading "Estate Analyst: Estate and Gift Taxes Reunited"
The Path Of Altruism: A Reflection On The Nature Of A Gift James E. Hughes, Jr., Esq. As I write this, America is approaching Christmas 2006. All over the country, attorneys and accountants are reminding their clients that it...
Continue reading "The Path Of Altruism: A Reflection On The Nature Of A Gift"
Beyond Traditional Estate Planning: Addressing The Personal Impact Of Inherited Wealth William Soskin, Attorney/CPA Traditional estate planning involves minimizing estate taxes, reducing administrative costs and drafting documents to accomplish non-tax goals. However, well-written documents do not assure...
Gerald Le Van The Le Van Company, LLC, Black Mountain, NC I. Beclouded by Croakspeak? Take Charge! Most of us who have estate plans can't tell you what's in them. We thought we understood at the time...
Sarah M. Johnson Venable LLP, Washington, D.C. Introduction The appointment of guardians for minor children is one of the most important aspects of a parent's estate plan. If called to serve, the ideal guardian will oversee the...
Continue reading "Planning Considerations In Naming A Guardian For A Minor Child"