Some people with substantial wealth have been hesitant to take advantage of the increase in the estate and gift tax exemption included as part of the 2017 Tax Cuts and Jobs Act. Questions about whether the Internal Revenue Service would clawback gifts to increase the size of estates once the exemptions revert to pre-TCJA levels...Read More

Supporting a favorite charity or philanthropic organization during your lifetime and/or after your death can be accomplished in several ways. A previous article discussed the benefits of private foundations and donor-advised funds. Determining the best strategy for charitable giving that takes into account estate tax considerations should begin with a consultation with your estate planning...Read More