Topic
Gift tax
397 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…
Warner Norcross + Judd LLP
What the IRS’s $736 Million GRAT Case Means for Multigenerational Families
For multigenerational families, a grantor retained annuity trust, or GRAT, has long been one of the most dependable tools for moving wealth to the next generation without triggering a large…
Thompson Coburn LLP
Gift on Trust Termination; Limited Partner Self-Employment Status; GST ETIP Rule
Webinar This course is drawn from Steve Gorin’s 3rd quarter 2026 newsletter. First, the Tax Court held that remaindermen who consented to trust termination and distribution to the income beneficiary…
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…
Wills, Trusts & Estates Prof Blog
Annual Mortimer Hess Memorial Lecture on Estate and Gift Taxation
By Teddy Groce
Tuesday, June 16, 2026 | Lecture: 5:30 pm – 7:00 pm | Reception: 7:00 pm – 8:00 pm Format: In PersonProgram Fee: There is no fee for this event, please sign in…
Wills, Trusts & Estates Prof Blog
The Logic of the Transfer Taxes: A Guide to the Federal Taxation of Wealth Transfers — 3rd edition
Laura E. Cunningham | Noel B. Cunningham | Miranda Perry Fleischer Here is the publisher's description of this book: The Logic of the Transfer Taxes: A Guide to the Federal…
21st Century Taxation
Time to Increase the Annual Gift Exclusion Amount?
IRC Section 2503(b) provides an exclusion from gift tax of any gift (other than a gift of a future interest in property) for the first $10,000 given to someone by…
Texas Agriculture Law Blog
2026 Federal Estate and Gift Tax Exemption Information
We are ringing in 2026 with a change to the federal estate tax exemption. Understanding how estate and gift taxes are calculated and knowing the current exemption amounts are key…
Future Focused
Ep. 60 – Looking Back, Planning Ahead: Estate Planning in 2026
By Michael T. Clear, Erin D. Nicholls
In the latest episode of Future Focused: Sophisticated Estate Planning, Michael Clear and Erin Nicholls discuss the implications of the OBBBA legislation on estate and gift planning strategies, including why…
Wills, Trusts & Estates Prof Blog
Why investing in a Trump Account could complicate your taxes
[Special thanks to Joel C. Dobris (Professor of Law, UC Davis School of Law) for bringing this article to my attention.] Parents considering the new “Trump Accounts” for their children could…