Companion chart to "The Optimal Basis Increase Trust" (https://ssrn.com/abstract=2436964) and LISI article Spousal Lifetime Access Non-Grantor Trusts "ING"=Incomplete gift, non-grantor trust (can be Delaware, Nevada, Ohio, South Dakota, Alaska, probably many of the...
Permanent life insurance is an often overlooked or underutilized asset class. With proper irrevocable trust planning, permanent life insurance can provide totally income tax-free and estate tax-free liquidity upon death to efficiently address estate taxes and keep...
As a business owner or professional in Illinois, you're navigating a complex landscape of federal and state regulations. While compliance is a priority, the potential for investigations and audits by various regulatory agencies is a reality that demands proactive...
