With the federal estate tax exemption now set at a robust $11,180,000 per person (thank you Tax Cuts and Jobs Act),
Irrevocable Trusts and Trying to Break (Or At Least Bend) Them
Category: Estate Planning and Probate
What Passes for a Valid Will in Michigan, Digital Style
A recent Michigan Court of Appeals decision addressed whether a note a decedent left on his cellphone can constitute the decedent’s will
Ensuring a Basis Step Up at the First Spouse’s Death
With the increase in the Federal estate tax exemption to $11,180,000,
Reviewing Estate Plans as a Result of New Tax Act
Our estate planning attorneys have received numerous questions regarding the effect of the recent Tax Cuts and Jobs Act (“TCJA”) on existing estate plans.
Incorporating Income Tax and Basis Planning Into an Estate Plan
For many years, one of the primary goals of estate planning has been the minimization of federal estate tax
The Federal Estate Tax – Dying a Slow Death?
Among the sweeping tax law changes made by the massive Tax Cuts and Jobs Act (“Act”) are provisions that will result in many fewer estates being subject to federal gift and estate taxes.