With private family trust company legislation, families with “reasonable” wealth can enjoy the same control and protection that the great industrial families have enjoyed for so many years.

While several states have statutory schemes that allow private family trust companies, a closer examination of such trust companies' exposure to various regulators suggests Nevada and Wyoming are ...

The Internal Revenue Service (IRS) recently issued Private Letter Ruling (PLR) 202504006, addressing several important estate and gift tax questions related to the division of a marital trust and ...

From the column: "“The people of Minnesota need to be able to keep more of their hard-earned dollars. … A tax hike on ...

While decanting an irrevocable trust can be a procedurally intricate process unto itself, the practitioner should also be weary of the multivarious tax recognition events, which can include income ...

While many states allow for the formation of PTCs, certain states have more favorable trust laws, taxation rates, and business-friendly environments. Some of the more popular states are Delaware ...

Considering a savvy move to bolster and shield your assets by transferring stock to a trust? There are significant tax implications associated with this strategic decision that you should keep in ...

To the Editor: Little attention has been given to the economic impact that eliminating the estate tax would have on the future creation of private foundations and the consequences for charities in ...

On April 29, Revenue Regulations (RR) No. 15-2025 was issued, revising and clarifying the tax treatment of private retirement benefit plans. This RR updates both employers and employees ...

As a non-resident, transferring foreign assets into a foreign trust will not trigger any tax liability for you in India.

How is a trust taxed on a property sale? Capital gains from the sale of the residential property can be assessed in the hands of the trustee or split between beneficiaries.

The growth of private funds within family offices, the transfer of baby boomers' wealth and changing tax regimes all amount to rising demand for private client work.