Add Yahoo as a preferred source to see more of our stories on Google. Jane Buffett is alleging that the co-trustee is “mismanaging the trust and not acting in her best interests, including allegedly ...

Under the current lifetime gift tax exemption, in 2023 a person can make tax-free gifts of up to $12.92 million. At the end of 2025, that figure is expected to revert to the 2017 amount (indexed for ...

A recent gift tax case, which settled before trial, illustrates the tax-saving potential of gifts and sales to family trusts—and cautions about the risks involved. In 1994, after securing loans from ...

As the families you serve accumulate wealth, trusts offer protection, growth, and efficient transfer from an individual (or grantor) to beneficiaries. While previously thought to be reserved for the ...

As more South African families spread across the globe, long-established wealth structures are coming under pressure, particularly family trusts created at a time when beneficiaries still lived and ...

Lots of taxpayers have set up irrevocable trusts in recent years to use exemption (that is the amount you can give away without an estate or gift tax). In 2020 and 2021, the harsh Democratic estate ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Family trusts are useful for controlling and protecting ...