Insights

Trusts & Estates  |  By Michael J. Moss, CPA, JD

65 Days Can Make All the Difference

Trusts and Estates: Should You Make the Election?Trust and estate fiduciaries, take note: you still have time to improve your 2018 tax position. The U.S. Tax Code gives fiduciaries of trusts and estates the option to make additional distributions to...

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Issues and Opportunities in Estate Planning Under the New Congressional Leadership

By: Ladidas Lumpkins and Alfred Pruskowski The political ground appears to be shifting on the taxation of assets that are transferred among family members as part of their estate planning. While many details have yet to emerge, there are...

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Trusts & Estates  |  By Mark J. Ackerman, CPA, TEP, AEP

Portability of the Unused Spousal Exclusion

The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 introduced the concept of portability.  Portability allows the executor of a deceased spouse’s estate to transfer any unused estate tax exemption to the surviving...

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Trusts & Estates  |  By Mark J. Ackerman, CPA, TEP, AEP

Social Security Retirement Benefits

Social Security was created in 1935 to help Americans supplement their retirement income. The idea of Social Security is universal for Americans, but it is a complex system and can often cause confusion. Full retirement age is the age at which you...

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