Many of us have created trusts for a large variety of reasons. Among other attractions, trusts can offer privacy, disability planning, probate avoidance, tax avoidance, asset management, and creditor protection for our loved ones. In addition, many Americans have created po ...
2018 Estate and Trust Tax Planning
Inflation Adjustments and Initial Observations on the 2017 Tax Act’s Impacts: In late October, the Internal Revenue Service issued its inflation-adjusted exemptions, exclusions and tax brackets to be used for 2018 federal tax returns. See generally, Internal Revenue Notice 2 ...