Transfer taxes

A View from the Experts: Select Insights from the 2018 Heckerling Institute on Estate Planning

Topics: Estate planning, Transfer taxes

Presenters at the 2018 Heckerling Institute on Estate Planning identified several enhanced areas of focus for legacy and life insurance planning post tax-reform, including (1) basis adjustment planning, (2) the potential benefits and pitfalls of portability, especially in light of the doubled federal transfer tax exemptions, and (3) the need to review and refresh existing…

Legacy Planning Post-Tax Reform – Part 1: Let Me Count the Ways: 5 Questions for Non-Taxable Estates

Topics: Tax reform, Transfer taxes

The doubling of the federal gift, estate, and generation-skipping transfer (“GST”) tax exemptions ($11.18 million in 2018) has drastically reduced the number of individuals whose estates will incur a federal estate tax. Yet, potential estate tax exposure should not be the sole motivator for legacy and life insurance planning.

Decoding Tax Reform: The Transfer Tax Impact

Topics: Tax treatment, Transfer taxes

Tax reform legislation (“H.R. 1”) was signed by the President on December 20th, enacting numerous immediate changes affecting all areas of the Internal Revenue Code (“Code”), including changes to gift, estate, and generation- skipping transfer (“GST”) taxes. Effective January 1, 2018, H.R. 1 doubles the base exemption level for the gift/estate and GST tax from…

The Hits Just Keep on Coming: 2016 Gift, Estates & Trusts Priorities – IRS Names Grantor Trusts Among New Items.

Topics: Estate planning, Grantor trusts, Transfer taxes, Trusts

The WRMarketplace is created exclusively for AALU Members by the AALU staff and Greenberg Traurig, one of the nation’s leading tax and wealth management law firms. The WRMarketplace provides deep insight into trends and events impa cting the use of life insurance products, including key take-aways, for AALU members, clients and advisors. The AALU WRNewswire…

Market Watch – Planning Before Interest Rates Rise.

Topics: Estate planning, Grantor trusts, Transfer taxes, Trusts

Thursday, September 17, 2015WRM#15-34 The WRMarketplace is created exclusively for AALU Members by the AALU staff and Greenberg Traurig, one of the nation’s leading tax and wealth management law firms. The WRMarketplace provides deep insight into trends and events impacting the use of life insurance products, including key take-aways, for AALU members, clients and advisors....

Portability of Estate and Gift Tax Exclusion – Final Regulations Issued.

Topics: Transfer taxes

Thursday, July 16, 2015WRM#15-26 The WRMarketplace is created exclusively for AALU Members by the AALU staff and Greenberg Traurig, one of the nation’s leading tax and wealth management law firms. The WRMarketplace provides deep insight into trends and events impacting the use of life insurance products, including key take-aways, for AALU members, clients and advisors.…

Crummey Powers – Crummy or Essential? It’s More Than Just Moving Paper.

Topics: Estate planning, ILIT, Transfer taxes, Trusts

Thursday, July 2, 2015WRM#15-24 The WRMarketplace is created exclusively for AALU Members by the AALU staff and Greenberg Traurig, one of the nation’s leading tax and wealth management law firms. The WRMarketplace provides deep insight into trends and events impacting the use of life insurance products, including key take-aways, for AALU members, clients and advisors.…

Portability 101 – How it Works and When it Makes Sense.

Topics: Tax treatment, Transfer taxes

Thursday, May 21, 2015WRM#15-18 The WRMarketplace is created exclusively for AALU Members by the AALU staff and Greenberg Traurig, one of the nation’s leading tax and wealth management law firms. The WRMarketplace provides deep insight into trends and events impacting the use of life insurance products, including key take-aways, for AALU members, clients and advisors.…