by Christine | Nov 6, 2012 | 2012, Charitable Giving, Estate Planning |
Hurry up and wait – that's what some financial advisers are telling their clients as an uncertain tax environment makes it tough to plan charitable giving in 2012. With 2013 almost upon us and only two short months of 2012 to go, now is the time to act. For...
by Christine | Oct 26, 2012 | 2012, Gift, Legacy Assets |
The problem is that few professional advisers understand the issues and opportunities surrounding the gifting of legacy assets, and even fewer owners of legacy assets are even aware that such planning is possible. Did you know 2013 is looming on the calendar as a huge...
by Christine | Sep 17, 2012 | 2012, 2013, Estate Planning, Intentionally Defective Grantor Trust (IDGT) |
The transfer of a residence to an IDGT is a strategy that enables a wealthy family to remove a valuable asset from their estate without impinging upon liquidity. It is built upon using time-tested estate planning concepts that are very likely to remain through...
by Christine | Aug 21, 2012 | 2012, 2013, Medicare, Premiums |
Medicare beneficiaries will pay the same premium for prescription drugs next year as they did this year, the U.S. Department of Health and Human Services said. Finally, a little good financial news for seniors – your 2013 Medicare premiums are projected to remain the...
by Christine | Aug 17, 2012 | 2012, Estate Tax, State Estate Tax |
There has been a marked uptick in state-level activity on the estate tax front. With numerous legislative proposals swirling, which ones survived? When it comes to the federal level and the estate tax, we’re all simply waiting for some word from Congress and the White...
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...
