Groucho Marx once said, “Marriage is a wonderful institution, but who wants to live in an institution?” When we think of marriage, we tend to think of a part...

In this article, Sean Morrison and Miller & Chevalier Member Andy Howlett consider the application of the reasonable compensation standard to the section 199...

What is the estate tax? The federal estate and gift tax is a unified tax on the value of all gifts made by individuals during their lives and upon their deat...

There are right ways and wrong ways to make gifts to kids. Although tax savings often motivate gifts to kids, the important considerations are practical. Her...

Estate planning options for clients with qualified retirement plans (e.g. 401(k), 403(a) or (b), 457(b) plans) have historically been limited. The Pension Pr...

What is a Trust? A trust is an entity, similar to a corporation or a limited liability company (LLC), used for the purpose of holding and managing a person's...

Few young people are likely to be obsessed with what happens when they die and regard estate planning as an issue for older people. Yet, on a deeper analysis...

Estate planning requires consideration of both tax and non-tax issues. In most cases, non-tax issues are more important. Here some basic issues you should co...

In December 2007, the Editors of Fortune Magazine ranked Leona Helmsley’s decision to leave her Maltese, Trouble, a $12 million trust fund, the 3rd dumbest m...