by Christine | Mar 28, 2012 | Estate Law, Estate Tax, Inheritance |
It’s official. The Indiana inheritance tax is repealed for deaths after Dec. 31, 2021. The Indiana inheritance tax is officially on its way out the door. What does this mean for other states? For some taxpayers, wealth transfer planning has required two layers of tax...
by Christine | Mar 27, 2012 | Elder Law, Tax Deductions, Tax Planning |
If you're helping out a financially stressed relative in this still-lousy economy, you may be entitled to some tax breaks. Taking care of your elderly loved ones is a difficult task. It can be emotionally difficult, as well as financially crippling. In honor of...
by Christine | Mar 26, 2012 | Elder Law, Estate Law, Estate Planning, Estates, Trust Administration |
Death and taxes. Benjamin Franklin aptly noted that these are the only two certainties in life. Mr. Franklin perhaps should have added a footnote regarding the paperwork both certainties generate. A New York Times blog (The New Old Age) recently published a “public...
by Christine | Mar 23, 2012 | Elder Law, Estate Planning, Medi-Cal Long Term Care, Medicaid |
A New York appeals court rules that a woman who, two years before applying for Medicaid, transferred money to a friend through joint tenancies in a claimed effort to avoid probate did not rebut the presumption that the transfers were made in order to qualify for...
by Christine | Mar 22, 2012 | Estate Tax, Gift Tax |
If you have not used up your unified credit yet there is a pretty compelling case for making a large gift in 2012. Lately, writing about estate law is a lot like writing commentary on a monster movie. This estate law “monster” should be known as the dreaded “Unknown...
