With the federal estate tax exemption now set at a robust $11,180,000 per person (thank you Tax Cuts and Jobs Act),
Irrevocable Trusts and Trying to Break (Or At Least Bend) Them
Category: Geoffrey N. Taylor
What Passes for a Valid Will in Michigan, Digital Style
A recent Michigan Court of Appeals decision addressed whether a note a decedent left on his cellphone can constitute the decedent’s will
Meal and Entertainment Deductions after the Tax Cuts and Jobs Act
By Geoffrey N. Taylor The Tax Cuts and Jobs Act made significant changes to the ...
The Federal Estate Tax – Dying a Slow Death?
Among the sweeping tax law changes made by the massive Tax Cuts and Jobs Act (“Act”) are provisions that will result in many fewer estates being subject to federal gift and estate taxes.
Top Ten Nontax Reasons to do Estate Planning
Among the many tax issues our lawmaking friends in Washington, D.C. are debating is the fate of the federal estate tax.
Qualified Dispositions in Trust – Michigan Joins the Ranks of States Offering Asset Protection Trusts – Part 2
My previous article, Got Creditors? New Michigan Trust Can Protect You, introduced the Qualified Dispositions in Trust Act