As a business owner or member of a wealthy family, you may have heard about the looming “sunset” of the federal gift and estate tax exemption. Unless Congress acts, the current lifetime exemption amount of assets you can transfer without paying any federal gift and/or estate tax will sunset on Dec. 31, 2025.
May 15, 2024 – With business transactions accelerating again this year, we are seeing more owners and executives experiencing liquidity events. This article seeks to prepare those who are anticipating or have recently had a financial windfall with an approach that can improve their long-term outcomes.
November 19, 2021 – To reinforce goals and navigate around pitfalls, successful families are faced with a number of foundational decisions on how they want to allocate their wealth.
October 22, 2021 – The House Ways and Means Committee has proposed new tax legislation related to the potential new infrastructure plan. The changes result in increased taxation on high-income earners and corporations.
