Wilmington Trust and Family Business Magazine hosted a business valuation webinar on August 8, featuring our own Alvina Lo and Jonathan Fitzgerald. The webinar provided a comprehensive look at how the sweeping changes enacted under the Tax Cuts and Jobs Act of 2017 impact business owners, including strategies on how to optimize the new tax advantages. A
Establish your trust in the right state, the First State. Recent changes in the federal tax laws have provided a renewed focus on state income taxes and strategies available to minimize these taxes. While personal trusts have been used most commonly as estate and gift tax planning vehicles, they now have increased importance as tools
The Sunshine State offers a host of financial and tax benefits. Florida residents likely enjoy significantly reduced tax obligations compared to many other states. Florida does not impose a personal income tax, an inheritance tax, a gift tax, or an intangible personal property tax. The more ties you have to Florida, the more likely your
