Lots of people live together outside of marriage. And as marriage rates have declined, cohabitation rates have risen. While you might have love in your eyes, cohabitation can bring tax and legal risks ...

Q: My husband is the beneficiary of a trust established for him by a relative. He and I also have a joint trust. Our children are the ultimate beneficiaries of both of them. We were thinking about ...

The decedent died in 2011, and her surviving husband, as representative of the decedent’s estate, made a QTIP election under IRC Section 2056(b)(7) to treat a $54 million residuary trust as a QTIP ...

There are lots of well-paying trust management jobs, but companies are increasingly having trouble filling them. A new donation to the University of Delaware’s Alfred Lerner College of Business and ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Trusts are common, but there are numerous variations, and there ...

Establishing a Crummey trust is something you might consider if you’d like to leave assets to your heirs while avoiding gift taxes. One unique provision of this type of trust is the Crummey power, ...

Today's gifts might be tomorrow's treasures. With the $12.92 million lifetime estate and gift tax exemption and the $17,000 annual gift tax exclusion being at all-time highs and indexed for inflation, ...