by Christine | Sep 21, 2015 | Estate Tax |
Estate planning attorneys were told that several new reporting requirements would go into effect in August, but the IRS was not quite ready to actually implement their own new rules. These new requirements have now been officially postponed, giving estate planning...
by Christine | Sep 18, 2015 | Wills |
In the past, one would have to go to local court offices to research old wills, using microfiche machines dating back a few decades themselves. But today, millions of wills, from regular people and historic figures, are now searchable online. Wills offer a treasure...
by Christine | Sep 14, 2015 | Estate Planning |
Known as bastions of good taste and wealth, Christie's and Sotheby's have been engaged in a knock-down fight over which of the famed auction houses will handle A. Alfred Taubman's $500 million art collection. How strange that the estate of the deceased,...
by Christine | Sep 11, 2015 | Uncategorized |
Estate taxes are seen by some as instruments of public policy, an attempt to fight economic inequality by diminishing the ability of wealthy families to aggregate vast amounts of wealth. Others see estate taxes as a “death tax” that penalizes those who are financially...
by Christine | Sep 10, 2015 | Estate Planning |
When a man who had remarried passed away, his children were less upset about his leaving everything to their stepmother as they were about her decision to liquidate the family home and furnishings. Rather than give them an opportunity to enjoy things that had special...