YCISG member Caroline McKay was interviewed for the article linked below, which was published in the Wall Street Journal on August 19, 2023. [WSJ Subscription Required]
The Moves Wealthy Families Are Making to Skirt Estate Taxes
How dynasty trusts can shield wealth before the Trump tax cuts expire
An unprecedented rush to relinquish wealth is under way, and it isn’t just for billionaires. The Trump tax cuts of 2017 temporarily doubled the base amount individuals could give away without paying estate taxes to $10 million. These cuts are due to expire in 2026…