by Christine | Aug 30, 2012 | Estate Planning, Estate Tax, Portability |
The Internal Revenue Service in June issued guidance for an estate-tax law Congress passed late in 2010. The IRS recently issued new guidance on an important estate tax issue for married couples regarding the portability of individual estate tax exemption between...
by Christine | Aug 29, 2012 | Elder Law, Estate Planning, Marriage, Wills |
Nearly 2.5 million Americans die each year, and many haven’t signed the basic documents needed to protect loved ones. But let’s say you took this important step. How often do you need to revisit your estate plan? Estate planning is not a single event, but rather a...
by Christine | Aug 28, 2012 | Elder Law, Estate Planning |
Parents, it's time to be an adult when it comes to talking to your kids about your late-in-life planning. At the core of proper planning is the understanding that there’s simply no time like the present; it’s the only time to ensure the future, to make your...
by Christine | Aug 27, 2012 | Alzheimer's, Estate Planning, Travel Trusts, Trusts |
Whether it’s trying to make sure that their children stay in touch despite geographical distances or wanting them to become acquainted with family roots in another country, some people are deciding that travel should be a part of their legacy. The inheritance you...
by Christine | Aug 24, 2012 | Estate Planning, Gift Tax, GIfting |
You can give away as much as $13,000 during the year to anyone you want—and to each of as many people as you choose—without any tax considerations. These gifts can be to family members, friends or even complete strangers. Gifts are thought to be simple. However, if...
by Christine | Aug 23, 2012 | Digital Assets, Estate Planning, Virtual Assets |
Estate planners say few, if any, of their clients consider digital assets in their wills—an oversight that can result in real-world losses to beneficiaries. And experts say the estate-planning industry itself has been slow to adopt standards for dealing with the sort...
