Tax and Estate Planning

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Thinking Strategically About Charitable Giving
William Blair & Company
Enhancing the impact that you and your family can have in supporting causes near to your hearts also requires more than just generosity and good intentions. It takes careful planning and an in-depth
Ten Minute Interview: Estate Planning for Personal Collections
Foley & Lardner
To develop an effective succession plan for your personal collections and tangible assets—including art, fine jewelry, wine, and antiques—you must understand their monetary value.
Federal Estate & Gift Tax Projected Exemption Amounts
Waller Lansden Dortch & Davis (now part of Holland & Knight)
Under the Tax Cuts and Jobs Act of 2017, the federal estate tax exemption was temporarily doubled through December 31, 2025. Effective January 1, 2026, the exemption limits are scheduled to be
Intergenerational Planning: How to Use Annual Exclusion Gifts Effectively
BMO Family Office
Many parents enjoy witnessing the positive effect a significant gift can have on their children's lives. For example, asset transfer can help children buy a home, raise a family, or start a
Settling the Affairs of a Loved One
William Blair & Company
Losing a loved one can be very difficult. Yet, as an executor, spouse, or family member, you need to take steps to ensure that your loved one's financial affairs are properly settled as part of
State Residency Changes: Tax Implications and Rules
William Blair & Company
Establishing residency in a state with lower tax rates can result in significant tax savings for some individuals and trusts. But changing residency is not as straightforward as it might seem.
The New Inflation Reduction Act Explained
Warner Norcross + Judd
The New Inflation Reduction Act (the "IRA") was passed with a simple majority vote in the U.S. The IRA would raise approximately $450 billion to pay for deficit reduction, clean energy, and
Charitable Giving 101: What You Need to Know About Tax Deductions, Trusts, DAFs, and QCDs
BMO Family Office
With an array of charitable giving options, it's important to understand how each gift could affect your annual deductions. Here's a quick guide to tax deductions, out-of-pocket
Ten Minute Interview: Entity-level Tax Selection
Foley & Lardner
In this ten minute interview, Brian Lucareli and Tim Voigtman of Foley & Lardner discuss developments regarding the entity-level taxation. Insights are provided on the impact of the SALT
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