Grandparents and their grandchildren often have special bonds. However, another "family member" -- Uncle Sam -- likes to get heavily involved when grandparents want to transfer their wealth to the ...

The IRS has issued a private letter ruling on I.R.C. §§1001, 2041, 2501, and 2601 and Treas. Reg. §26.2601 confirming administrative trust modifications preserving generation-skipping transfer (GST) ...

Even if they must refer wealth families to a tax professional for a generation-skipping or dynasty trust, financial advisors ...

A dynasty trust is an irrevocable trust that's designed to preserve family wealth across generations. Learn about its ...

In many estate-planning practices across the country, conventional wisdom is to grant the beneficiary of a trust that isn’t exempt from generation-skipping transfer (GST) tax a testamentary general ...

Estate Planning is a process where individuals prepare or plan for the settlement of their personal affairs in the event of incapacitation or death. Estate plans ...