How Does an Intentionally Defective Grantor Trust Work?

Benjamin Long Estate Planning Attorney, Gift Tax

“This type of trust can be established to benefit your spouse, children, grandchildren and other descendants. However, it may be more appropriate in some situations …

Don’t Shrink Your Estate With Last Minute Tax Planning

Benjamin Long Charity, Estate Planning Attorney, Gift Tax, Taxes

“Estate planning strategies such as family limited partnerships and gifts to charitable trusts are part of an estate planning professional’s toolbox to achieve client goals, …

Understanding GRATs in Estate Planning

Benjamin Long Estate Planning Attorney, Estate Tax, Gift Tax

“Simultaneously, T&E practitioners are well aware of the primary risk posed by a GRAT; namely, the mortality of a grantor during the GRAT’s term.” The …

Would an Early Retirement and Early Social Security Be Smart?

Benjamin Long Estate Planning, Gift Tax, Social Security

“For many older adults, claiming Social Security early would be a big mistake. It was a mistake made by many older workers, who lost jobs …