Ashley Flotte’s Legal Blog

Wait—there’s more to wealth transfer taxation than just estate and gift taxes?!
I’m afraid so, dear readers… I’m afraid so.
In addition to taxing lifetime and testamentary transfers above the exemption amount, The Man also taxes other means you might have devised to pass wealth on to future generations! The Generation Skipping Transfer Tax (or GSTT) [...]

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So you’ve heard that using a bypass trust in your estate plan can be a great way to save wealth transfer taxes in an estate that exceeds the current exemption amount. What happens, though, if you currently exceed the $2 million threshold but anticipate a reduction in your estate down the road? And what, on [...]

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Last weekend, I headed downtown to the Fred Parks Law Library at my law school alma mater to do a bit of research for a particular case I’ve been working on. As I settled into my cubby on the 4th floor, I had a thought: what’s with all the folks here on a beautiful summer [...]

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I love a good feature film. Love love love going ‘to the movies’ to catch a new release. Renting is fine, but you can’t beat seeing a great piece of work en masse. Think of your favorite films… classics… Casablanca… The Godfather*… The Shawshank Redemption… Pulp Fiction.  How tremendous would it have been to be [...]

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In 2005, Paul Rudnick wrote a fabulous column called “My Living Will” for The New Yorker. It contains quite the list of provisions to dictate one’s wishes in the event of a persistent vegetative state. A few clauses for your enjoyment:
- If I should remain in a persistent vegetative state for more than fifteen [...]

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