Private Wealth Services attorneys Kathryn Kaler and Amanda Andrews published an article titled “Avoiding the Mad Dash to 2026: The Use of LLCs for Vanishing Gift Exemptions,” in Thomson Reuters Westlaw.  The article recommends that high-net-worth individuals consider forming and funding limited liability companies (LLCs) to make the most of wealth transfers before the federal estate, gift, and generation-skipping tax exemptions decrease at the end of 2025. It also notes this strategy allows for flexible and efficient gifting, potentially safeguarding assets from future tax implications while integrating the LLC into broader estate planning.

Click here to read the article on Westlaw Today and Reuters.