Estate Taxes

The federal tax code exerts an outsized influence on public perceptions of virtually every area of tax law. Perhaps that is understandable, given the wide applicability of that law. After all, its provisions apply across the nation and therefore affect more than 300...

Many parents give deeply of time and treasure to cherished children. To a great extent, such gifts are a natural expression love.  But it is possible, at any age, to give too freely. With younger children, giving too freely may make them selfish and less able to...

Taw laws are constantly changing. It's a classic example of the old adage that "the only constant is change." In the field of estate planning, the estate tax has been an excellent example of this in recent years. Those changes have greatly affected the estate planning...

Massachusetts is one of the states that ed the way on the recognition of same-sex marriage. Several more states have followed in the last couple of years. And now, for purposes of federal tax returns, the rest of the country has followed as well. The Treasury...

It sounds like a bad estate planning dream. Is it really possible that the IRS would try to collect estate tax from a beneficiary more than a decade after the death of a parent who was trying to pass his estate along to his children? The answer, unfortunately, is yes....

Trusts and estates is one of the most traditional areas of the law. But the law regarding same-sex couples is changing fast, creating new structures that will give rise to new traditions. Last week's U.S. Supreme Court decision striking down key elements of the...