The IRS issued proposed regulations Thursday providing guidance on the portion of trust property includible in the grantor’s gross estate if the grantor has retained certain interests in the property ...
Interest rates have soared at a speed and magnitude not seen in decades, transforming the planning landscape. As rates have marched higher, so too has the salience of a qualified personal residence ...
For the first time in over four years, the Federal Reserve (the Fed) reduced its market rate and signaled future cuts could be forthcoming. Since 2022, while the market rates have risen, certain ...
The amount of interest earned by some firms has increased as rates have risen. The FCA recently surveyed 42 firms and found the majority retain some of the interest earned on these cash balances, ...
A reversionary interest trust is a trust whose property will, on specified circumstances, revert to the grantor. In a reversionary interest trust, the gift is the right to receive trust income during ...
Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. A Grantor Retained Income Trust, or GRIT, is a planning technique that has ...
The Central Bank of Nigeria (CBN) retained the benchmark interest rate at 14 per cent to enable it achieve more clarity in the evolution of key macroeconomic indicators, the Governor, Godwin Emefiele, ...