The ruling underscores importance of careful will drafting and estate administration.

Nicolas Puech wants to leave his sizable inheritance to his 51-year old gardener.

The Trump-era tax cuts largely gutted the federal estate tax by massively increasing the individual estate and gift tax exemption to roughly $13 million for 2024.

Issue involved whether adopted individuals qualified as descendants.

A Supreme Court case about unrealized capital gains has implications for Biden’s proposed tax on the very wealthy.

Suspicious conditions lead to claims of undue influence.

As usual, the challenge is communication.

The new rule gives more time for companies created in 2024 to file initial beneficial ownership reports.

Advances in AI and automation have made it possible for advisors to effortlessly add trust and estate administration services to their practices.

They could expand the number of accounts that qualify as DAFs and the pool of persons subject to applicable excise taxes.