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Understanding Your Role as a Trustee for Your Family
Warner Norcross + Judd
Serving as a trustee for your family can be a valuable experience for you, while also providing an important service to your family. But before you accept the position, make sure that you understand
More Families Can Now Take Advantage of a $24.12 Million “Portable” Estate Tax Exemption
Waller Lansden Dortch & Davis (now part of Holland & Knight)
For families with significant wealth, a new IRS Revenue Procedure could result in millions of dollars in tax savings. The procedure makes the Deceased Spouse Unused Exclusion available up to five
Updated IRS Mortality Tables Will Shift the Economics of Life Expectancy-Based Estate Planning
Waller Lansden Dortch & Davis (now part of Holland & Knight)
With increasing interest rates, the Treasury Department's recent publication of long-awaited proposed regulations will change the life-expectancy factors used in life expectancy-based estate
What to Know About Incentives and Trusts
Baker Tilly
Many affluent parents have concerns about the impact a significant inheritance could have on their children. If you're not ready to give the bulk of your estate to charity but you are
Integrating Fiduciary and Family Office Structures with a Virtual Family Office
Willow Street Group
A private family trust company (PTC) often serves as an excellent governance framework and corporate structure for a virtual family office (VFO) by providing integrated, holistic oversight of
Collective Investment Trusts and Good Governance Considerations
Wilmington Trust
Interest in collective investment trusts (CITs) as plan investment options is steadily accelerating. As part of this growing attention, CIT governance practices, and the policies and procedures banks
Tennessee's Uniform Trust Code Revisions
Waller Lansden Dortch & Davis (now part of Holland & Knight)
Over the past decade, the Tennessee legislature has taken significant actions to provide a more practical statutory framework for trust administration. With the latest enhancements to the Tennessee
Boost Family Wealth with Dynasty Trusts
Baker Tilly
Compound growth over time—uneroded by taxes—is key to amassing substantial wealth, and that’s where dynasty trusts come in. It’s designed to minimize taxes over multiple
Charitable Lead Annuity Trusts and Illustration
Waller Lansden Dortch & Davis (now part of Holland & Knight)
A Charitable Lead Annuity Trust (CLAT) is an effective means to reduce current income taxes, transfer wealth to a family free of gift and estate tax, and benefit charity.  Here is an
Private Trust Company Overview
Willow Street Group
Also known as a family trust company, a private trust company (PTC) is an entity that allows families to unbundle fiduciary services in furtherance of family and financial goals. In this overview and