Most families funding irrevocable trusts lose thousands in gift-tax exclusions every year over a single missing piece of paperwork, and the IRS is under no obligation to warn them. A one-page Crummey ...

A beneficiary grantor trust — an irrevocable trust treated as owned by the beneficiary for income tax purposes but not for estate tax purposes — can be a very useful tool. For example, your client ...

Add Yahoo as a preferred source to see more of our stories on Google. Hundreds of thousands of Medicare beneficiaries are receiving letters warning their most personal and private information has been ...

Takeaway: Retirement plan participants should continue to closely follow the processes for beneficiary designation laid out in a plan’s governing documents. Any deviation from the prescribed means for ...

Our cover story this week looks at the Arkansas Medicaid eligibility verification mess. Almost 50,000 Arkansans face termination of their health insurance because they didn’t manage to get paperwork ...