News & Insights
The One Big Beautiful Bill and Its Impact on Estate and Gift Taxes
On July 4, 2025, the “One Big Beautiful Bill” (OBBB) was signed into law, which made permanent several provisions of the 2017 Tax Cuts and
The One Big Beautiful Bill: What It Is and How It Affects Individuals
The One Big Beautiful Bill (the “OBBB”) is landmark legislation passed on July 4, 2025 that has significant implications for individuals. The OBBB is comprehensive
The Critical Role of Distribution Advisors in Dynasty Trusts
Most dynasty trusts are now drafted as directed trusts. A directed trust is a trust that removes one or more powers or discretions traditionally held
Delaware Trade, Business & Fictitious Name Change Registration Changes for February 2026
The administration of Trade, Business & Fictitious Names (“DBA”) registrations in Delaware will be transitioning as of February 2nd , 2026. DBA Registrations will now
Navigating U.S. Tax Residency and Transfer Taxes
Making sense of U.S. taxes is no small feat—especially when you’re living across borders, juggling green cards, dual citizenships, and tax treaties. Whether you’re a
Basswood Counsel Partner Brings Legal Experience to DC Youth Orchestra Program
Jephte Lanthia has been appointed to the board of directors of DC Youth Orchestra Program (DCYOP), a nonprofit organization dedicated to providing music education to
U.S. Transfer Certificate Requirements for Estates of Nonresident Citizens and Nonresident Aliens
Settling an estate of a loved one is a daunting task, as navigating the estate tax rules in the US can be unfamiliar and challenging
Understanding the Role of Investment Advisors in Dynasty Trusts
Investment advisors play a critical role in managing the long-term success of dynasty trusts, which often hold a significant portion of a high-net-worth individual’s estate.
Understanding Transfer Pricing: Key Principles and Strategic Insights for Multinational Tax Compliance
The operating units of a multinational corporation usually engage in a variety of intercompany transactions. For example, a U.S. corporation may sell its manufactured products