Taking Advantage of Temporary Gift Tax Exclusion

by | Aug 2, 2013 | Estate Planning

There is an interesting article in the Wall Street Journal today on taking advantage of the temporary gift tax exclusion. The gist of the article is that affluent families are “holding off” from gifting in some circumstances out of either (a) desire to not undermine...

Death Tax Coming Back with a Vengeance in 2011

by | Nov 22, 2010 | Asset Protection

It is now all but certain that we will have an estate tax in 2011, and it will be harsher than any other system we have had before in this regard since 2001, with the estate tax lifetime exclusion reduced to $1 million and the top tax bracket at 55%! Furthermore, as...

Checklist for Probate or Trust Administration

by | Oct 19, 2010 | Estate Planning

The loss of a loved one is a traumatic event, and if you have been designated in your recently deceased loved one’s will or trust as the executor of their estate or trustee of their trust it is three times as hard . You are not only grieving for your loss but have to...

Taxes and Congress – Update

by | Oct 12, 2010 | Business

I recently listened in on a teleconference sponsored by UBS on the current tax situation and the speakers had some interesting observations about that dysfunctional group known as Congress. It is very quiet in Washington DC after a busy summer since everyone is...