by Christine | Jul 26, 2012 | 2012, 2013, Estate Planning, Gift Tax |
TIME may — or may not — be running out for one of the biggest tax breaks for wealthy Americans: the chance to give up to $5.12 million to heirs tax-free and then pay a comparatively low 35 percent rate on any gift above that. The break is scheduled to expire in six...
by Christine | Jul 25, 2012 | Depression, Elder Care, Elder Law, Medicare |
Depressed Medicare beneficiaries in the so-called coverage doughnut hole were more likely to cut back on their antidepressants than those who had full insurance coverage, a study has found. Even with the Affordable Care Act (ACA) – Obamacare by any other name – well...
by Christine | Jul 24, 2012 | Estate Planning, LIfe Insurance, Military |
Members of the armed forces about to be deployed have a lot on their minds, but one thing on the checklist needs to be making sure their legal and financial affairs are in order. With a little planning, servicemen and women deployed overseas can serve their...
by Christine | Jul 23, 2012 | Estate Planning |
Estate planning tends to focus on minimizing taxes, especially for high-net-worth individuals, but personal problems may be more pressing for some clients. For such people, the success of the planning process hinges more on dealing with their issues than with their...
by Christine | Jul 20, 2012 | Forgiven Loan, Gift Tax |
In today's tough economy, you may decide to loan money to a cash-strapped family member. While this may be a noble cause, please take my advice and make the loan the tax-smart way. Sometimes ensuring that a loved one has the assets they need – for a project or...
