by Christine | Nov 21, 2012 | Estate Law, Healthcare, Medicare |
Many Medicare beneficiaries are not aware that the open enrollment period for the Medicare Part D Drug plans is happening right now. You have until December 7th to determine if it is to your benefit to change plans, which could save you money. Have you signed up for...
by Christine | Nov 2, 2012 | Estate Law, Estate Planning, Trusts |
Defective grantor trust is a really stupid name for something that, in the right circumstances, can be a very good idea. Somewhere along the line somebody realized that people might be disturbed by hearing that their trust was defective so the term became...
by Christine | Oct 11, 2012 | Estate Law, Estate Planning, Trusts |
Romney’s [estate planning] vehicle is known as an “intentionally defective grantor trust” or by the acronym IDGT — hence the nickname: “I Dig It.” Such trusts permit donors to give potentially unlimited amounts to children free of estate and gift taxes. All...
by Christine | Oct 8, 2012 | Estate Law, Estate Planning |
A majority of families wealthy enough to have their own financial offices may have estate plans that are sorely out of date, according to a survey by Rothstein Kass, a leading national professional services firm providing accounting, auditing and tax services. An...
by Christine | Sep 13, 2012 | Charitable Giving, Estate Law, Gift |
Warren Buffett celebrated his 82nd birthday last Thursday by announcing an additional $3.1 billion in donations to the charities run by his three children. Most of us spend our birthdays receiving gifts. In fact, that’s been the standard operating procedure...
by Christine | Sep 4, 2012 | 2013, Estate Law, Estate Tax, Gift Tax, Trusts |
“You Must Act Now!” “The Now Moment Has Arrived.” Late-night infomercial pitchmen? Nope. Wealth planners breathlessly warning prospective clients that they have only until Dec. 31 to seize a “historic” opportunity to transfer millions to kids and grandkids, tax free....
