Insurance Planning & Risk Management When It Comes to LLCs, Pay Attention to Liability Direction When properly structured, the use of SMLLCs in conjunction with an MMLLC provides important upward and downward liability protection benefits while reducing the number of tax returns that need to be prepared.
Financial Planning Compensation Considerations for Foundation Insiders Many foundations have family members serve on their board, however sometimes foundations have trouble deciding whether or how much to pay those family members. Careful consideration must be taken when deciding these factors.
Estate Planning The No Claw-Back Rule In April 2022, the IRS issued proposed regulations creating exceptions to the No Claw-Back Rule. This threatens the ability to benefit from the current all-time high estate tax exclusion amounts.
Estate Planning Biden Green Book Proposals The Green Book contains the Administration’s policy tax and budget policy goals for the coming year. This year’s Green Book proposes significant changes to the current estate tax planning regime.
Estate Planning Estate Planning Strategies for Married Couples in the New Decade For the first half of the new decade a married couple may be able to transfer approx. $23 million without triggering any federal estate tax for their heirs.
