If you have extra funds and want to support a cause, a charitable trust might be an option. “A charitable trust can only be set up to give money to a charitable cause, but it also is a valued way to ...

Quick Read A concentrated single-stock position worth $2.4M with only $180K cost basis creates a $2.22M embedded capital gain ...

When Terrence Hahn left Honeywell as head of its home and building technologies division this year, he had amassed a lot of company stock over 11 years and was facing a huge capital gains tax bill if ...

Although many investment assets have lost value in the past year, individuals coming to CPAs for estate planning advice often hold highly appreciated assets, and many want to make significant ...

What is a charitable lead trust? A charitable lead trust (CLT) is designed to accomplish philanthropic objectives at a time when the grantor(s) can take advantage of the high gift and estate tax ...

Last week, we discussed charitable lead trusts and split-interest trusts in general. In this episode, Dale, Anneke, and I take a deep dive into the world of charitable remainder trusts, focusing on ...

A federal district court has permanently barred a tax professional and his company from organizing, promoting, selling, or marketing tax schemes involving charitable remainder annuity trusts (CRATs).

Learn how trust funds work, their benefits, and the differences between revocable and irrevocable funds. Understand how they ...

Attorneys at Skadden, Arps, Slate, Meagher & Flom LLP discuss the legal and reputational risks that arise when charitable ...

Former campers have joined the Meredith Neck and Islands Alliance, and other Lakes Region residents, in opposing the proposed ...