On December 17, 2010, the President signed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (“Act”). In addition to extending the so-called “Bush” income tax cuts for two years, the Act made several significant changes to estate, gift and generation-skipping transfer taxes. This article is the first of a series summarizing

One of the sad things about my profession is that my clients eventually die. Some deaths are sudden and unexpected, but most deaths occur after an accident or illness that makes death imminent within a few days or perhaps a few weeks. Though I am sensitive to the feelings of grief and stress that my

When my clients want to make a charitable gift that will be given to charity in future years, there are two primary vehicles for managing the funds. One choice is a donor advised fund, which can be established at the Community Foundation of Middle Tennessee, the Jewish Federation of Nashville, or various other organizations. The

Do you have a clear vision of your foundation’s future? Do you know the charities you want your foundation to support? How long do you want your foundation to last? Who will make decisions regarding grants from your foundation after your death or incapacity?

I have been surprised that these questions have not yet been answered

Several of my clients are concerned about passing on too much money to their children. They fear that a large inheritance will inhibit their children from reaching their full potential.

One of my clients noticed a positive change in her children after informing them that her Will leaves all of her considerable fortune to charity.