Tax Law

Using An Intentionally Defective Irrevocable Trust (IDIT) To Gift Your Family Business

Using An Intentionally Defective Irrevocable Trust (IDIT) To Gift Your Family Business

If you are considering making a sizable gift to a family member such as a partial interest in the family business, how you structure the transaction can have a meaningful impact on the success of the transfer, minimizing taxes, and the control you have even after making the gift.

Investment Opportunities Amid Tradewar

 Investment Opportunities Amid Tradewar

The current threat of a prolonged trade war is serving as an emergency brake to a stock market that is pressing the gas pedal as hard as it can with positive economic data reports; including, but not limited to, corporate earnings, serving as tailwinds. Once any semblance of progress is reported with respect to trade negotiations, I would anticipate this emergency brake to be lifted and for constrained stock prices to rise accordingly.