Tax Reimbursement Clauses - How to Incorporate Tax Reimbursement Clauses in Your Trust Managing Attorney, Yaser Ali, published a new article this week alongside renowned national experts, Martin Shenkman and Jonathon Blattmachr on Tax Reimbursement Clauses in the ABA...
Trust us, your future self will thank you As the new year begins, it's a great time to reflect on the past and start planning for the future. One important aspect of this planning should be considering your estate and tax planning. Here are a few reasons why the new...
As the year comes to a close, it's important to start thinking about your tax strategy for the upcoming tax season. Our attorneys, Abboud Chaballout and Yaser Ali presented a webinar on year-end tax planning strategies last night, covering loss harvesting, roth...
Should I name my trust as the beneficiary of my retirement accounts? In our last post, we discussed the importance of funding your trust and outlined the process for updating various assets. One of the most complicated issues for clients is how to handle retirement...
Donor Advised Fund vs. Private Foundation Donor advised funds (DAF) and private foundations are both great tools for helping charities while saving income taxes. While the creation of private foundations used to be the norm, more and more people are considering donor...
Advantages of Investing in Opportunity Zones The new federal tax law passed in 2017 included an Investing in Opportunity Act. The Act established Opportunity Zones and Opportunity Funds. The Opportunity Zone Act was designed to stimulate investment in federal and...
What is a Charitable Lead Trust? How does it work? What type of client could use one? (Our second in a multi-part series on advanced estate planning topics) A charitable lead trust (CLT) is essentially the reverse of a charitable remainder trust. It is an irrevocable...
What is a Charitable Remainder Trust? (This is going to be the first in a series of advanced estate and charitable planning topics we are going to be covering each week) A charitable remainder trust (CRT) is a powerful charitable vehicle that provides two...
Some Tax Suggestions for the End of 2018 The Tax Cuts and Jobs Act of 2017 should have taxpayers thinking about things they can do – even in late December of 2018 – to help save on their federal taxes. While it’s great to focus on the holidays, focusing on taxes can...
The Utah Jazz upset the Los Angeles Clippers and advanced to the second round of the NBA playoffs today. But even some of the most loyal NBA fans probably didn’t know that thanks to a recent move by the team’s owners, the Jazz are now owned by a “Legacy Trust” and...
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