by Christine | Nov 15, 2013 | Estate Law, Estate Tax, Inheritance Tax, Interstate Estate, State Law |
There are steps that residents of states with steep estate taxes can take–short of moving–to help minimize such bills or avoid them altogether. Although the Federal government may cast a big shadow in terms of estate taxes, don't forget those state laws lurking in...
by Christine | Nov 14, 2013 | 2013, 2014, Estate Law, Estate Tax, Gift Tax |
Starting in 2014 … the basic exclusion will go up to $5.34 million per person, from $5.25 million this year.[However,] there will be no change in the annual exclusion, which allows you to give $14,000 in cash or other assets each year to each of as many...
by Christine | Nov 13, 2013 | Elder Law, Estate Law |
Millions of Americans are managing money or property for a loved one who is unable to pay bills or make financial decisions. This can be very overwhelming. But, it’s also a great opportunity to help someone you care about, and protect them from scams and fraud....
by Christine | Nov 12, 2013 | Estate Law, Estate Planning |
Give a copy of your wills, trusts and powers of attorney (financial and health care) to anyone named or authorized to act on your behalf, and store the originals at home; otherwise, your children could have trouble getting them at the critical time. The best laid...
by Christine | Nov 11, 2013 | 2014, Elder Law, Medicare, Social Security |
The nation's elderly and disabled Social Security recipients will receive a 1.5 percent increase in payments in 2014. The same COLA will apply to pensions for federal government retirees and most veterans. According to recent news from the Social Security...
