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Turney Berry quoted in Tax Notes article about upstream estate tax planning

Turney Berry quoted in Tax Notes article about upstream estate tax planning

Turney Berry, Leader of the Firm's Trusts, Estates & Personal Planning Service Team, was quoted in a Tax Notes article published by Tax Analysts.  The article, "TCJA Supercharges 'Upstream' Estate Tax Planning Techniques" explains how the Tax Cuts and Jobs Act created the opportunity for high-income individuals who are operating under increased thresholds for estate and gift tax exemption to use elderly relatives as a way to obtain a basis step-up on highly appreciated assets, or even to gain access to additional generation-skipping transfer tax exemptions.

Please click here to read the full article by Jonathan Curry, published in March 2018.