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...
by Christine | Mar 21, 2012 | Charitable Giving, Legacy |
Perhaps the most powerful and common reason why the rich give is the idea most commonly referred to as “legacy.” At some point in your life, there comes a moment when it becomes important – vital, in fact – to focus your energies on a cause and give to charity with...
by Christine | Mar 20, 2012 | Estate Law, Estate Planning, Trust Protector, Trustee, Trusts |
It used to be that you would write out your will, name some trustees and hope for the best for all of eternity. But, increasingly, folks aren't leaving it to luck. They're appointing a "trust protector," someone given broad power to reshape your...
by Christine | Mar 20, 2012 | Estate Law, Estate Planning, Trust Protector, Trustee, Trusts |
It used to be that you would write out your will, name some trustees and hope for the best for all of eternity. But, increasingly, folks aren't leaving it to luck. They're appointing a "trust protector," someone given broad power to reshape your...
by Christine | Mar 19, 2012 | Estate Planning, Inheritance, Trusts |
Wealthy parents today face an inevitable choice: leaving large sums of money to kids who aren’t good with money. Some people say that money is the root of all evil, but that’s not quite right since money can also be the product of much hard work, knowledge, and...
by Christine | Mar 19, 2012 | Estate Planning, Inheritance, Trusts |
Wealthy parents today face an inevitable choice: leaving large sums of money to kids who aren’t good with money. Some people say that money is the root of all evil, but that’s not quite right since money can also be the product of much hard work, knowledge, and...
by Christine | Mar 16, 2012 | Estate Planning, Trusts |
Multinational families increasingly are turning to high-end estate and tax planners to reduce tax bills when they shift money to children living in the U.S., whether or not their kids are U.S. citizens. Globalization has been an incredible force for a number of...
by Christine | Mar 16, 2012 | Estate Planning, Trusts |
Multinational families increasingly are turning to high-end estate and tax planners to reduce tax bills when they shift money to children living in the U.S., whether or not their kids are U.S. citizens. Globalization has been an incredible force for a number of...
by Christine | Mar 15, 2012 | Estate Planning |
Sometimes, I’ve noticed, the IRS itself gets a bit too creative. Exhibit A is its treatment of the estate of legendary modern art dealer Ileana Sonnabend who died in 2007, at the age of 92. When it comes to the IRS and taxes, the message is more often than not that...
by Christine | Mar 15, 2012 | Estate Planning |
Sometimes, I’ve noticed, the IRS itself gets a bit too creative. Exhibit A is its treatment of the estate of legendary modern art dealer Ileana Sonnabend who died in 2007, at the age of 92. When it comes to the IRS and taxes, the message is more often than not that...
