Topic
estate tax
1,089 published works
Journal of The Missouri Bar
Taxes in your practice: US Tax Court holds children liable for gift tax on termination of family trust
Scott E. Vincent is the founding member of Vincent Law, LLC in Kansas City.The U.S. Tax Court recently held residuary beneficiaries of a trust liable for gift taxes upon termination…
Wills, Trusts & Estates Prof Blog
Inheritance tax toll is mounting on UK family companies
By Teddy Groce
Family companies are used to dealing with Benjamin Franklin’s two certainties: death and taxes. Succession is a predictable challenge, though it is astonishing how often families foul it up. Taxation…
Wills, Trusts & Estates Prof Blog
CA. Billionaire’s Tax Proposal: FAQ
By Teddy Groce
Jane G. Ditelberg of The Northern Trust Institute has put together answers to seven prominent questions related to the upcoming Billionaire Tax Proposal in California. The Proposal will be voted…
Future Focused
A $13 Million Reminder: Domicile Planning Is More Than Paperwork
By Michael T. Clear, Samantha Mortara
The Snowbird's Dilemma, Revisited Earlier this year, we explored how a New York couple’s move to Florida fell short in the eyes of the New York Tax Appeals Tribunal, resulting…
Wills, Trusts & Estates Prof Blog
You Can Give Your Child More Tax-Free Money Than You Think
By Teddy Groce
America’s wealth divide is increasingly a generational one. From 1989 to 2022, households headed by people age 65 to 74 added $231,000 to their median net worth, while households headed…
Stratus Financial Partners Blog
Bigger is Not Always Safer
A life insurance death benefit can be a hidden risk when the payout doesn’t match your actual financial needs. A bigger policy might sound safer, but an oversized death benefit…
Wills, Trusts & Estates Prof Blog
Article: Of Billionaires and Puppies: The Case for Taxing the .15%
By Teddy Groce
Gary Cornell recently published Of Billionaires and Puppies: The Case for Taxing the .15%, 2026. Provided below is the Abstract: N. Gregory Mankiw's "Defending the One Percent"' remains among the most powerful…
Wills, Trusts & Estates Prof Blog
Was His Home Connecticut or Florida? The Difference Is a $13 Million Tax Bill
By Teddy Groce
After Jack Anderson died in 2015, an unexpected bill arrived. The state of Connecticut said his estate owed $13.2 million in estate and gift taxes. The executor of Anderson’s estate, a longtime…
Agricultural Law & Rural Practice | Solo Small Firm & General Practice Section
Gifting Appreciated Securities vs. Waiting for a Step-up in Basis
The significant appreciation in equity markets has left many investors holding assets with substantial built-in gains. In many cases, tax basis is very low relative to current value. This creates…
Hauptman & Haumptman Blog
How Death Taxes Get Paid – Part 3
I ended last week’s blog post with a hypothetical estate left by John Doe. John died with an estate totaling $2,500,000. Because he had no spouse or children, he left his estate…