In The Legal’s Wealth Management/Trusts & Estates supplement, read about tax-efficient gifts for children and grandchildren, opportunities created by the Tax Cuts and Jobs Act, and how to fix broken trusts.

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How to Make Tax-Efficient Gifts to Children, Grandchildren for Their Education

One of the most commonly asked questions we receive as estate and financial planners is how to make tax-efficient gifts to children, grandchildren and other family members for education purposes.

Investments and Retirement Planning Post- and Pre-Divorce

Parties going through a divorce often have many decisions they need to make. Often those decisions will affect their financial future.

Opportunities Created by the Tax Cuts and Jobs Act for Partially GST-Exempt Trusts

The wide-ranging changes to U.S. tax law contained in the Tax Cuts and Jobs Act of 2017 (P.L. 115- 97, the act) have created opportunities for clients whose net worth is expected to remain below the federal estate and gift tax exemption amounts.

Tax Cuts and Jobs Act: What Estate Planners Need to Discuss With Their Clients

The largest tax reform in over three decades has now been signed into law. The Tax Cuts and Jobs Act (act) became law on Dec. 22,  2017, and will have wide-ranging implications for many industries.

Fixing Broken Trusts With the Uniform Trust Act Tool Kit

Trusts can “go bad” for many reasons. Some may be unsuitable from the outset, perhaps being the product of a trust-mill or a generic form downloaded from the internet, with terms the settlor neither understood nor desired.

How to Redo Estate Plans and Save on Taxes Under New Tax Reforms

Recent changes to the federal estate tax system have turned traditional estate planning on its head. Now under the new Tax Cuts and Jobs Act, most traditional estate plans for a married couple are likely to increase taxes at death, instead of saving taxes.

Protecting and Planning for Your Estate During a Divorce

Even happily married couples often neglect to estate plan. It may seem overwhelming, perhaps time-consuming, and it certainly isn’t as appealing as planning a vacation or a retirement party or any of the myriad of more attractive items on their lists.