In estate planning, taxpayers and their advisers may overlook the potential generation-skipping transfer tax implications of ...

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. The new year 2026 or straightforward concept. number 2026 written on the road ...

Recent legislative developments, including the One Big Beautiful Bill Act (OBBBA) and the resulting expansion of the federal lifetime gift and estate tax exemption, have created a significant planning ...

The current estate tax and trust exemption of $13.6 million per individual, or $27.2 million per married filing joint couple, will soon sunset. When it does, the exemption, adjusted for inflation, is ...

For trusts and estates professionals, the big question is what will happen to the estate tax exemption with President Donald J. Trump in the White House? “Everything else is all minor stuff,” said ...

Estate planners need to assess their clients' trust strategies as the expiration date on key Tax Cuts and Jobs Act provisions draws nearer, advisors say. Tax breaks for estates that were part of the ...

As an estate planning tool, the generation-skipping trust can offer investors some tax advantages and other perks. For the family that uses it, this can be a way to have the third generation inherit a ...