Estate tax treaties between the U.S. and foreign countries help foreigners with U.S. assets. They do not help U.S. citizens ...

Example. A trust maker wants to set up an asset protection trust that is as tax-efficient as possible, accounting for capital gains taxes and estate taxes. The trust maker’s gross estate has a ...

The rule is more generous if the house is held as community property. The entire tax basis is stepped up to fair market value when the first spouse dies. Here’s an example. Let’s say you and ...

the beneficiaries are exempt from estate tax even if the assets actually appreciate by a greater amount. Related stories Here is an example of how a CLAT can work from Michael Prinzo, managing ...