Congress recently passed sweeping legislation, which includes many changes to tax policy, spending, and entitlement programs. One of the most significant changes for estate planning is an increase in the federal estate and gift tax exclusion.

Most clients I work with voice concern about the amount of federal estate taxes that their families will have to pay after their death. They have heard about the “death tax” and worry that the

If you have close relatives, like parents, who are citizens and residents of a foreign country, there is a chance you might receive a gift or inheritance from them at some point in your life.

Capital gains tax is a type of tax you have to pay when you sell an appreciated asset. You calculate it by subtracting your purchase price (known as the cost basis) from how much you

The Tax Cuts and Jobs Act was signed into law on December 22, 2017. It represents the most significant tax overhaul in decades. Although efforts by the House of Representatives to completely repeal the federal

NB: For information on the current state of the estate tax in light of the Tax Cut and Jobs Act, click here. One of the biggest issues of concern for my clients is the federal

The IRS recently announced the estate and gift tax limits for 2016. In 2016, the exemption amount for individuals increased from $5.43 million to $5.45 million, which means that individuals can leave that much to

A couple of months ago, after the Supreme Court ruled that Section 3 of the Defense of Marriage Act was unconstitutional, I explained that there was still uncertainty about the impact the decision would have

NB: For information on the state of the estate tax in light of the Tax Cut and Jobs Act, click here. For more than a decade, the estate tax was in a state of flux.