Effect on trustees of trust-owned businesses.

An analysis of the different types of policies available.

Al W. King III discusses a powerful tool to reform, modify, modernize and remedy existing trusts.

Christopher P. Woehrle reviews the the excise tax on the richest private colleges and universities.

David A. Handler, Patricia H. Ring and Thomas Norelli highlight the most important tax law developments of the past month.

Associate legal editor Anna Sulkin discusses this month's cover.

Editor in Chief Susan R. Lipp discusses this month's issue.

IRS Notice 2018-61: Deductibility of Section 67(e) expenses confirmed.

IRS rules that such a modification won't jeopardize GST tax-exempt status.

Establish safeguards to diminish prospect of a challenge after the testator’s death.