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Year-End Estate Planning for 2023 | Seyfarth Shaw LLP

A strong stock market and “soft landing” have generated significant wealth this year. The gift tax, estate tax and generation-skipping transfer tax are all imposed on the fair market. ....

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One Way to Secure Your Child's Inheritance in an Uncertain Tax Future

Sometimes it might take an IDGT, or intentionally defective grantor trust, to preserve generational wealth. But how does that work? As high-net-worth clients age, they become more focused on how their accumulated wealth will be distributed to their heirs. Naturally, most parents want their children to inherit as much wealth as possible, which drives a quest to shield those heirs from unnecessary taxation when they inherit. Estate Planning and Unequal Inheritances: Talking Is Key Currently, feder ....

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Building customized and flexible estate plans in a changing political landscape

Effective strategies depend on attention to ever-changing laws and to the clients' personal circumstances. ....

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