A Greenberg Glusker practitioner discusses what inside basis adjustments may be available when an S corporation’s owner dies holding real estate through a partnership investment.

Understanding who not to name as a beneficiary is just as important as knowing who should receive your legacy. Adult children ...

Learn about how trusts can avoid probate, the mechanism behind it, types of trusts, common misconceptions, and other probate ...

You can use trusts to cement your legacy, organize your estate and limit your exposure to estate and gift taxes.

Q: Enjoy reading your columns every week. I know you have addressed probate many times in your columns, and I understand the ...

It is a rare day that the Court of Appeals, New York’s highest Court, deals with trust and estate matters, let alone something as granular as ...

FFO available to common shareholders and unit holders in the first quarter of 2025 totaled $24.7 million, or $0.14 per ...

With a historically high point of entry to home ownership, this East Coast city's residents wealthy and established ...

Hamer beneficiary of $20 million trust Earlier, documents revealed the Liberal candidate for the seat of Kooyong, Amelia Hamer, is the beneficiary of a $20 million family trust. The documents ...

Discretionary beneficiaries' rights to trust information can be a slippery slope and this area is certainly a balancing act for any trustee; balancing the interests of the beneficiaries as a whole ...

The Chief Counsel’s Office advised on whether a levy may reach the corpus of a trust when a taxpayer is a beneficiary of the trust. The Chief Counsel’s Office clarified that: 1) under Rev. Rul. 55-210 ...

The trust, established for the benefit of five beneficiaries, had declared “Nil” income in its return for the assessment year 2018-19, distributing the rental income among the beneficiaries, who then ...