Section 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs is 5.2%, an increase from the ...

As we start the new year, this Federal Tax Update highlights estate planning-related federal tax information as you consider 2025 planning options.

Sometimes, when the grantor of the trust can’t fund it ... Chrisyugolaw@gmail.com. Chris’ information is meant to be general in nature. Specific legal, tax, or insurance questions should ...

As we approach the end of 2024, I asked our state legislators to share what they were most proud of in their work in Harrisburg. Sen. Lisa Baker Senate Judiciary Committee Chair Sen. Lisa Baker, ...

California would like to crack down on a type of trust that lets the very wealthy avoid state income and federal gift taxes.

Estate taxes are a form of transfer tax that affects the very wealthy. For multimillionaire households, avoiding the estate ...

Although the valuation discounts provide benefits for gift and GST purposes, care must be taken that the donor not retain powers that may cause estate tax inclusion issues. Id. § 2036. Grantor Trusts ...

This Notice is meant to provide you information about the sources ... these distributions for federal income tax purposes.

They’re getting value for what they pay. Here in Montana, Gov. Greg Gianforte is planning on making the income tax more regressive (the rich pay less) and handing out a rebate. Why not balance ...

Notification of Sources of Distributions Pursuant to Section 19(a) of the Investment Company Act of 1940 The Fund ...

When our new Republican Legislature convenes, tax cuts will no doubt be high on the agenda again. If they would like to do something toward atoning for their property tax fiasco and their cuts for ...

Michigan taxpayers with past-due tax debts should be aware of an aggressive scam making the rounds through the U.S. Postal Service, according to the Michigan Department of Treasury. In the scheme, ...