by Christine | Sep 9, 2013 | Art, Bequeath, Charitable Giving, Gift Law, IRS, Taxes |
The purpose of the panel meetings is to discuss and make recommendations regarding the acceptability of taxpayers’ appraisals of works-of-art. If the Panel recommends rejection of a taxpayer’s appraisal, it may also recommend a different valuation, the securing of...
by Christine | Sep 6, 2013 | Charitable Remainder Trust, Charity, Estate Planning, Trusts |
Don’t be surprised if your CPA or financial planner starts babbling acronyms: CRUT, CRAT, NICRUT, NIMCRUT, Flip CRUT. Hear him out. The higher federal tax rates that kicked in this year have given all these variants of the four-decade-old charitable remainder...
by Christine | Sep 5, 2013 | Estate Planning |
Money and taxes aside, here are 7 good reasons you need an estate plan … Estate planning is not just about taxes. While it is too easy to focus on taxes, namely avoiding heavy taxation, there is far more to consider when making your own estate plan. Estate...
by Christine | Sep 4, 2013 | Bequest, Entrepreneur, Estate Planning, Gift Law, Gift Tax |
Two years ago, Mr. Harris couldn't scrape together enough funds to start a business that delivered healthy meals. So, he decided to approach his mother for an early bequest. The money would be coming to him anyway, he figured, and she would be able to see...
by Christine | Sep 3, 2013 | Elder Law, Estate Law, Estate Planning, Individual Retirement Accounts (IRA), Retirement, Roth IRA |
Use this versatile account to get tax-free income and a whole lot more. If you are used to a traditional IRA, the Roth IRA may seem peculiar at first when it comes to retirement accounts. So here’s a brief refresher on all the perks of the esteemed Roth IRA. A recent...
