Estate Planning Pitfall: You Didn’t Retitle Assets to be Included in a Trust
There are numerous benefits of using trusts in your estate plan. For example, trusts can maximize the tax code provisions… Read More
Tag: Estate Tax
No Time Like the Present: Address Top Estate Planning Priorities Today
When it comes to estate planning, consider taking a page out of the Boy Scouts Handbook: Be prepared. The last… Read More
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
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
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
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
Family Advancement Sustainability Trust: A Flexible Trust That Can Achieve Many Estate Planning Goals
While, ultimately, you create an estate plan to meet technical objectives, such as minimizing gift and estate taxes and protecting… Read More
Thinking of Moving Abroad?
Consider the estate tax planning implications before relocating Suppose you’re contemplating a bold move — literally: pulling up stakes and moving… Read More
