With the arrival of the new year, revisions to the annual gift tax and estate tax exclusions will be going into effect, as recently announced by the Internal Revenue Service…

The estate tax exemption amount has more than doubled since 2017. However, unless Congress takes further action, the exemption amount authorized by the Tax Cuts and Jobs Act (TCJA) will…

Anyone experiencing the struggle of simultaneously caring for children and aging parents is part of the sandwich generation. Although “generation” is part of the phrase, it doesn’t refer to people…

Ken and Sue Weeks created an irrevocable trust called the Agusta [sic] National Trust. Two pieces of real estate were deeded to the trust. One deed misspelled the name of…

Most estate planning attorneys can help you craft an estate plan that minimizes or avoids probate altogether. Probate proceedings are part of the public record and can be very time-consuming…

Many family circumstances can increase the risk of probate litigation.  High-risk factors that often bring about probate litigation can include sibling rivalry, second marriages without a prenuptial agreement, and dysfunctional…

Preparing and organizing your financial information for when you are no longer capable will bring peace of mind to you today. At the same time, it may relieve your loved…

The United States Court of Appeals for the Third Circuit holds that checks cashed after the decedent’s death are still part of the taxable estate. In Estate of Demuth v.…

By Robert Steyer  The IRS on Aug. 25 announced a two-year moratorium on enforcing a provision of the SECURE 2.0 Act of 2022 that requires catch-up contributions for defined contribution…