Featured Articles

Pre-nups for Seniors

Recent developments in New York and Florida have placed a spotlight on a new phenomenon, the predatory marriage to a terminally ill person shortly before the person’s death in order to gain access to the person’s wealth. This is not the Anna Nicole Smith situation, a May-December marriage with money as an obvious object. Rather, […]

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Advanced Family Business Planning

The American Family Business Institute, an advocate for small businesses, has long argued that the burden of death taxes (estate and inheritance taxes) impairs the ability of keeping family businesses going after the death of the founder. They note that 70% of family businesses do not survive to the second generation, and 90% fail to […]

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Alternate Valuation

The standard rule for valuing estate assets is to use the fair market value on the date of death. If the value is high enough, a federal estate tax will be due. A long-standing choice permits an estate’s assets to be valued instead at an alternate valuation date, six months after the individual’s date of […]

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