by Christine | Feb 23, 2012 | Estate Planning, Individual Retirement Accounts (IRA), Inheritance, Inherited IRAs |
Inherited retirement accounts are truly one of those gifts that keep on giving because heirs can benefit for many years without much tax burden, but Congress is starting to talk about curtailing breaks on the accounts. For all the bills, budget proposals, and...
by Christine | Feb 23, 2012 | Estate Planning, Individual Retirement Accounts (IRA), Inheritance, Inherited IRAs |
Inherited retirement accounts are truly one of those gifts that keep on giving because heirs can benefit for many years without much tax burden, but Congress is starting to talk about curtailing breaks on the accounts. For all the bills, budget proposals, and...
by Christine | Feb 22, 2012 | Durable Power of Attorney For Finances, Estate Planning |
Couples who filed joint returns must now file separate powers of attorney. The IRS makes little changes all the time and while not all such changes are life threatening (or estate plan threatening, as is more likely) the devil is often in the details. In the...
by Christine | Feb 21, 2012 | Elder Law, Estate Planning, Pet Trust, Trusts |
The pet trust is a little-known legal option for the elderly and caregivers worried about what will happen to beloved animals following the deaths of their owners. The four-legged members of a household (or two-legged, or conceivable even eight, as the case may be)...
by Christine | Feb 20, 2012 | Estate Planning, Estate Tax, Generation Skipping Transfer Tax, Grantor Retained Trust |
Obama's budget proposal was recently released, and here are some of the proposed changes that involve estate planning. As you are likely to have heard, President Obama unveiled his budget proposal not too long ago and it packs a wallop. We are living an era of...
