This article was published in Steve Leimberg’s Estate Planning Newsletter and provides a discussion on the Ferri vs. Powell case. The Connecticut Supreme Court found that trust assets were moved out of reach of a divorcing wife through a ‘decanting process,’ but would be considered for alimony purposes. While about half the states provide statutory
As part of our three-part video series on gifting strategies for high-net-worth individuals and families, learn about some of the most effective ways to support your favorite charity. The strategy that is right for you will depend on your giving and personal financial goals, the assets you wish to give, and the complexity you are
As part of our three-part video series on gifting strategies for high-net-worth individuals and families, learn how you can fulfill your family’s philanthropic goals through a private foundation. Creating a private foundation allows a family to develop a family philanthropic mission and leverage the tax deductible nature of charitable gifts.