ABLE Savings Plan Accounts Now Available

Oregon’s ABLE Savings Plan officially launched this morning.  Take a look at the eligibility cheat sheet and then head over to  to open an account for your eligible loved ones.  The online system is said to be “fun, simple and only takes 10-15 minutes to complete.”  If you set one up, please let us know […]


Unnecessary QTIPs? No Problem.

Yesterday, the IRS finally confirmed that it will recognize unnecessary QTIP elections on 706 returns filed to elect portability. This is good news and answers an ambiguity created by the final portability regulations that were issued last year. A qualified terminable interest property (“QTIP”) election is an election under which a portion of a deceased […]


Act Now! There’s Still Time to Avoid the New IRS Regulations That Might Raise Taxes on Your Family’s Inheritance

As I mentioned in my last post, the IRS recently released proposed regulations which effectively end valuation discounts that have been relied upon for over 20 years. If the IRS’s current timetable holds, these regulations may become final as early as January 1, 2017. Although that date isn’t set in stone, we expect that the […]



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