Featured Articles

Ask an Estate Planner: The Future of Estate Taxes

DEAR ESTATE PLANNER: I heard that the federal estate tax might be repealed? —TAX TARGET DEAR TARGET: Probably not this year. True, the House of Representatives passed an outright repeal of the federal estate tax and the federal generation-skipping transfer tax earlier this year. The repeal would take effect upon enactment. The legislation preserves the […]

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Charities and Will Controversies

A recent Tax Court decision shows how estates of well under $1 million still can run into significant tax trouble. Eileen Belmont’s 1994 will left all of her property to her mother, Wilma. It further provided that should Wilma die first, Eileen’s brother David was to receive $50,000, and the balance of the estate would […]

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Video: Planning a Will

Speaker: Martin M. Shenkman, CPA, MBA, PFS, JD Planning a Will: A will is a legal document in which you appoint guardians for minor children, designated a personal (called executor or personal representative) to handle your estate, create trusts for heirs, make bequests to friends and others, address how taxes on your estate should be […]

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