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Understanding the nuances between retirement plans can be challenging. This Quick Reference Guide to Retirement Plans compares and contrasts features such as account establishment, account contributions, and accessibility.

Effectively transitioning a business to the next generation of owners through a business succession plan that incorporates estate tax planning will result in the most value being retained by the owners and their families. Whether the business is entirely family owned or has unrelated owners, each scenario comes with its own complications but with considerable overlap in planning opportunities.

For many art collectors, the allure of acquiring and displaying art often overshadows the effort required to manage it properly and plan for its eventual disposition. After all, upon death, you can’t take it with you. Estate planning for art collectors involves navigating a complex landscape of valuation, tax, and management issues. Without a strategic approach, the beauty hanging on your walls might be at risk of becoming entangled in tax and legal concerns. So, it’s time to master the art of estate planning so your collection remains a source of pride and prosperity for generations.

With the new administration in the U.S. and its focus on various parts of the Tax Cuts and Jobs Act (the TCJA) and the estate tax, changes are expected amid the balancing of competing considerations. In this 10-minute interview, Jason Kohout, partner and co-chair of the Family Offices group at Foley & Lardner, and John Strom, federal lobbyist and member of Foley & Lardner’s Public Policy & Government Relations group discuss the key parts of the TCJA and whether the TCJA’s doubled estate and gift tax exemption will be extended and potentially made permanent.

Conventional investing is all about diversification and maximizing returns. While both of these are still fundamental, some investors also want to use their economic influence to drive meaningful change. As these investors make financial decisions informed by both heart and mind, traditional barriers between making money and making a difference are dissolving. That’s good news for young companies that are seeking "angel investors" for capital.

For income earned in 2025 and tax returns filed in 2026, this tax planning reference guide provides information on the tax rate schedules, exemptions, and contributions to savings plans. As a planning tool for you and your advisors, it can help you see if you need to make any adjustments regarding your tax efficiency, wealth planning, retirement planning, philanthropic strategics, and business and estate planning.

To clarify the inherited IRA distribution requirements that were first laid out in the 2019 SECURE Act, the IRS issued proposed regulations in 2021 that impacted IRA beneficiaries. While investors and wealth owners may perceive the taxes they’ll incur as unfavorable due to the requirement of minimum distributions, the new regulations may benefit investors by enabling them to spread income over multiple years. This paper, with a case study, examines the tax consequences of different withdrawal strategies.