
Beware of Bimbos and Bimboys – Or Why Do I Need a Trust When I Don’t Have to Worry About Estate Tax?
Estate tax is no longer a consideration for many of us. Under current law, each individual can transfer over $11 million to his or her heirs estate tax free. Notwithstanding the fact that the current estate tax laws are only in effect until 2026, most practitioners expect that the estate tax exemption will exceed $5