by Arthur Geffen | Aug 30, 2018 | Estate Planning, step up
Traditionally, due to lower estate tax exemption amounts, many married couples would use bypass trusts or credit shelter trusts as part of a typical estate plan. For example, on the death of the first spouse, assets in that spouse’s revocable trust would be...
by Arthur Geffen | Feb 24, 2016 | Estate Tax, step up
As with life, changes in the tax law can be good, as when tax rates are reduced, or bad, as when tax rates go up or when the tax is applied to less income. Such is the case with recent changes in the estate tax law, which also affect income tax law. Regarding...
