Sunday, November 29, 2015

Is the Charitable Deduction for Trusts Limited to Adjusted Basis? | JD Supra

Is the Charitable Deduction for Trusts Limited to Adjusted Basis? | JD Supra (JEH: Unlimited charitable deduction allowed for irrevocable trust that purchased appreciating asset with gross income from prior year)

Thursday, October 22, 2015

How Grandparents Can Use Charitable Income Gifts to Finance College Education

How Grandparents Can Use Charitable Income Gifts to Finance College Education - WealthManagement.com (JEH: Discussion of the use of charitable remainder unitrusts (CRUTs) to assist with a grandchild's education, although Section 529 plans and other options should be considered as well.)

Sunday, September 13, 2015

Beware That Your Trust May Be Treated as Your Children’s Marital Property in Divorce

Beware That Your Trust May Be Treated as Your Children’s Marital Property in Divorce - PRIVATE WEALTH SERVICES BLOG - Holland & Knight (JEH: This helpful (and sobering) blog post was written by colleagues Shari Levitan and John D. Dadakis, Esq. Most people view protection of trusts that will benefit their children (or beyond) as one of their primary goals. Florida law generally protects these trusts, even where the child is both a beneficiary and a trustee. However, Floridians should still consider designing these types of trusts in ways that enhance basic statutory protections, such as the use of an independent trustee or co-trustee and, in certain situations, the use of a wholly discretionary trust.)