The 2013 Estate and Gift Tax Changes and You – Strategies and Info on The New Laws for 2013 and Beyond
The new estate and gift tax rules and what you need to consider
in your...
death tax reform
IRS Releases Guidance on Federal Estate Tax Exemption Portability (Notice 2011-82, September 29, 2011)
As many of you know, the present Federal Estate Tax Law allows for a surviving spouse to carry forward the Federal Estate Tax Exemption available to his or her deceased spouse at his or her death. To garner the benefits of this “Portability” provision, the Internal Revenue Service (also referred to as “IRS”) does not …
U.S. Rep Ross Wants To Kill The Estate Tax
Ross along with a small pro- agriculture group of legislatures wants to eliminate the federal estate tax. In the past year there has been a surge of enthusiasm for the repeal of the federal estate tax as congress tried to figure out what do for 2011 and 2012. This past December congress approved legislation that …
Want Estate Planning That Works Under The New Federal Estate Tax? It’s Time Upgrade To First Class or Business Class Estate Planning(TM)
Are you are a business owner or professional, a real estate investor or entrepreneur who has been putting off your estate planning because it’s too time consuming, costly, or complicated? Have you been promising a spouse, children or other loved ones that you’re going to “get around to” this but just never do? Has it …
Pennsylvania Attorney David Frees Attends Heckerling Institue Estate Planning Program
Think Your Estate Is Now Protected From Federal Estate Tax? According To The Tax Lawyers Studying The New Law – Think Again The Heckerling Institute is one of the premier estate planning programs and “think tanks”dedicated to effective estate planning. The lawyers appearing at the institute and those in attendance focus on planning to minimize …
Estate Tax Bill Fails – End of Year Gifting and Planning a Nightmare
End of year gifting just got a whole lot more complicated. Congressional actions on the federal estate tax...
Take Advantage of Generation Skipping Tax Repeal For 2010
We have had a lot of discussion here and with clients about the future of the federal estate tax. We have not talked as much about the generation-skipping tax (GST) which was also repealed for 2010. This presents an opportunity for grandparents and great grandparents to pass wealth to future generations that was not previously …
Did You Inherit Assets From An Estate in 2010? There May Be Taxes You Don’t Even Know About
Capital Gains Taxes For Trusts, Estates, and Beneficiaries of Estates in 2010 Are The Subject of IRS Attention. By: Attorney David M. Frees III If you inherited assets from a trust or an estate where the decedent died during 2010 you probably thought that you were spared the worries and expenses of the federal …
Another Billionaire Avoids The Federal Estate Tax – By Dying In 2010
Avoiding The Federal Estate Tax – In 2010 and Beyond What You Need To Know and Do In Your Estate Plan To Be Ready For 2011 The federal estate tax is currently not in effect. However, it will return at rates and in amounts that have not been seen for some time. As of January …
Can You Request An Extension To File A Federal Estate Tax Return?
Can You Get An Extension To File A Federal Estate Tax Return (Form 706)? In 2010 there is no federal estate tax and the IRS is not currently accepting the form 706. In case you’re wondering why anyone would file an estate tax return when there is no estate tax, that’s another story for another …