This practical program is designed to provide you with actionable insights on over three hundred pages of new IRS policies and procedures from both Treasury Regulations and PLR’s, related to contributions made to Irrevocable Trusts. In 2016, the Service issued substantial new guidelines which modified and clarified long-standing code provisions relating to tax treatment of […]

Designation of IRA and other retirement account beneficiaries can be a complicated decision for most clients, and Trusts which hold individual retirement accounts are even more complicated. When they converge — for instance, when someone names a trust as a beneficiary to an IRA — things can go very wrong, and that can be very […]

Understanding the estate planning process can be a formidable process for even the best attorney. Estate and Elder law are among the fastest growing practice areas offering both young and established attorneys opportunities for rapid growth in their practices. As current clients continue to grow older, will you position yourself to offer legal services required […]

President Donald Trump signed the $1.5 trillion tax overhaul into law on Friday, December 22, 2017. Starting next year, the new law will give big cuts to corporations and wealthy Americans and more modest reductions to other families. Trump continued to pitch it as a win a for the middle class, insisting that even though polling […]

Read Article Here Transcript: Why does the Supreme Court’s recent decision in Clark v. Rameker, 134 S. Ct. 2242 (2014) – which resulted in a good deal of disarray in the estate planning community – bode well for estate attorneys? A 2015 study by the Investment Company Institute revealed that there are more than $7.6 trillion worth of assets […]

What is captive insurance and why is it useful to your clients?  Captives provide an unusual opportunity for clients to better manage risk than traditional insurance policies, and have unusually good tax benefits, when properly structured. While over 90% of the FORTUNE 1000 has used captives for generations, their use by smaller companies has only […]

This program is designed for the new and experienced lawyers, accountants, and paralegals and for the experienced estate and trust lawyer who wishes to brush up on her or his skills. The program examines key concepts in estate administration such as deductions vs credits, 1041’s vs 706 and advanced estate administration for estates with assets […]

Employers are responsible to withhold, deposit, report and pay federal employment taxes for their employees. Employers facing cash flow crunches or shortages often turn to the withheld taxes as a source of business finance through either sloth, willful neglect, or the mistaken belief that they can catch up on the payments without penalty.  These employers […]

Retirement accounts often represents a sizable portion of a client’s net worth, and properly designating your client’s IRA and other retirement account beneficiaries is critical in successfully implementing any estate plan. Nonetheless, client’s and their advisor’s routinely drop the ball on both the successful design and implementation of retirement plan beneficiaries within their plans. When […]