by Christine | Jan 18, 2013 | Charitable Giving, Estate Planning, Fiscal Cliff, Individual Retirement Accounts (IRA) |
When it comes to taxes, never say die. As part of the "fiscal cliff" deal, Congress has resurrected a popular tax-law provision, known as the "IRA charitable rollover," that had expired at the end of 2011. New Year’s resolutions are chock-full of...
by Christine | Jan 17, 2013 | ATRA, Elder Law, Fiscal Cliff, Long Term Care |
At first glance, the budget agreement includes an important trade-off — the creation of a national long term care commission …Yet, there are elements in the measure creating this panel that are very troublesome. Congress has averted the “fiscal cliff” for...
by Christine | Jan 14, 2013 | Charitable Giving, Fiscal Cliff |
America’s billionaires gave less in 2012 than in 2011, a new Chronicle tally shows. A new year of giving has begun, but many are curious about the sum from wealthy donors for 2012. The numbers are starting to come in — how did last year compare to 2011?...
by Christine | Jan 11, 2013 | Capital Gains, Estate Tax, Fiscal Cliff |
They didn't get what they wanted …. But they got what they needed. Is it true that for a real compromise to take place, everyone has to walk away a bit unhappy? If so, then the American Taxpayer Relief Act passed by Congress was the truest of compromises. While no...
by Christine | Jan 10, 2013 | Fiscal Cliff |
… The new rules basically let you convert everything in a traditional 401(k), including pre-tax salary deferrals, at any age, into a Roth 401(k). “They’re opening up in a major way the assets you hold that can be converted,” says Ed Ferrigno, vice president,...
by Christine | Jan 8, 2013 | Estate Tax, Fiscal Cliff, Gift Tax |
Now that the fiscal cliff has been averted — at least temporarily – there is widespread confusion about the effect on estate planning of the 11th hour tax law passed by the Senate on New Year’s Eve, and by the House of Representatives one day later. Remember all that...
