This article reprint was recently published in Steve Leimberg’s Estate Planning Newsletter. A New York court has found that a QTIP Trust, created for New York purposes in 2010 when the federal estate tax lapsed for the year, was not includible in the estate of the surviving spouse for New York estate tax purposes. It’s probably
This article reprint was recently published in the Bloomberg BNA’s Estates, Gifts, and Trusts Journal. Simple annual exclusion gifting can be a very valuable source of funding. Leveraging annual exclusion gifting with trust structures can potentially enhance the benefits. Utilizing the 2018 $11.18 million gift tax exemption has the potential to powerfully impact the educational
With recent macroeconomic and geopolitical events, including Brexit, new questions have cropped up and market participants have been on the lookout for clues as to how the industry moves forward from here. Brexit has caused uncertainty in many markets, and because auto ABS paper has a relatively short maturity, the effects of Brexit remain to
