Effect of the OBBB

The per-person exemption equivalent for estate and gift taxes has been increased to $15 million, and will continue to be indexed. That is an...

  • The lion cub, revisited
    We recently posted our commentary on the use of a so-called “lion cub” deed, noting that two or more people who are granted ownership of re...
  • Lion Cub deeds - myth vs. reality
    The Lion Cub deed is an elusive creature. It is fleetingly mentioned on the web sites of some Michigan estate planning and real estate attor...
  • A word from Warren Buffett
    On November 25, Buffett announced a contribution of a little over $1.14 billion in Berkshire Hathaway shares to three foundations managed by...