Taxpayers should continue to strongly consider lifetime gifting strategies, for several reasons.
Smart estate planning will minimize the tax bill your heirs pay when you die, and a Roth IRA is one of the most effective tools for that purpose.
Chris Tucker 'sued by IRS over $9.6million debt as judgement would allow them to start seizing bank accounts and assets'.
While a trust itself generally cannot be sued, the trustee can. Understanding when lawsuit can be brought in connection with a trust is important.