Planning Is Essential If You’re Inheriting Assets
If you’re in line to receive a significant inheritance, your feelings may range from exhilaration to relief, not to mention… Read More
Category: Tax
Should You Place Your Home in a QPRT?
If you own your principal residence, you may be able to benefit from its build-up in equity, realize current tax… Read More
Estate Planning Pitfall: You Missed the Estate Tax Filing Deadline
You likely don’t need to be reminded about filing your federal income tax return on time. Indeed, the tax filing… Read More
Overlooking Foreign Assets Can Be Detrimental to An Estate Plan
When working with an estate planning advisor, it’s critical to disclose all your assets. Importantly, any foreign assets you might… Read More
Are Changes Coming for the Gift and Estate Tax Exemption?
Under current estate tax law, taxpayers benefit from the most generous gift and estate tax regime in history. Indeed, in… Read More
Estate Planning Pitfall: You’ve Relocated Out of the Country Without Checking Estate Tax Laws
Are you thinking about moving abroad after you retire? If so, don’t forget to consider your destination country’s estate tax… Read More
Does Your Estate Plan Account For Generation-Skipping Transfer Tax?
Does your estate plan call for making gifts to your grandchildren or other loved ones more than one generation below… Read More
Gifting Made Easy: Max Out Your Annual Gift Tax Exclusion Amount
The annual gift tax exclusion amount has increased for the second straight year. The IRS raised the exclusion amount for… Read More
Estate Planning Pitfall: You Sell Real Estate for $1
Someone may have told you a story along these lines: Years ago, my grandfather bought land along the shore in… Read More
Family Businesses Would Be Wise To Consider IRC Section 6166
It’s true that because of the current record-high gift and estate tax exemption amount, most families don’t have to worry… Read More
