All Wealth Planning Content

Paying for the (Grand) Child’s Education: Making Educated Choices

Sharon L. Klein |
Wealth Planning

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 funding front.


Benefiting from Intrafamily Sales

Marguerite Weese |
Wealth Planning

In a perfect world, creating and implementing your estate plan would be a straightforward process. Your intended distribution of assets would meet your goals and your family would see the plan as equitable to everyone.

In reality, however, developing an effective estate plan can be a challenge both emotionally and financially. For example, you may own an illiquid asset that comprises a large part of your estate, such as a closely held business or income-producing real estate.


Minimizing or Eliminating State Income Taxes on Trusts

Richard W. Nenno |
Wealth Planning
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An important four-part series that discusses a host of issues involving state income taxes on trusts. Part One provides an overview of the various approaches to taxation of trust income, then reviews the various constitutional restrictions, as reflected in numerous federal and state cases.Part Two further examines these aspects, beginning with a discussion of the seminal U.S. Supreme Court case of Quill Corp. v.