Tax Free Gifting to Children and Grandchildren and The End of the Year 2010
Gifting before the end of 2010 and into 2011. How much, when and how to make tax free gifts.
Estate Plans and Issues For Parents
Tax Free Gifting to Children and Grandchildren and The End of the Year 2010
Gifting before the end of 2010 and into 2011. How much, when and how to make tax free gifts.
Is Your Pet Included In Your Estate Plan? Should It Be?
Providing for horses and pets in your estate plan...
It’s Time To Start or To Return To College – Did Your Son or Daughter Leave You With A Power of Attorney?
It’s that time of year when our college aged children go back to college and we may not see them again until Thanksgiving. But, they might need our help inn between, and without a power of attorney that might mean trouble. We tend to think that powers of attorney are for the elderly. And, it’s …
When Do My Children Need To Do a Will? The Answer Might Shock You
If you have children between the ages of 18 and thirty, chances are that they don't have a will. And, there are many reasons why that might be a bad idea. For example, many of our adult children have children of their own but have not done a will to name a guardian, executor and trustee to care for those children, or their finances
If You Don’t Have A Will The State Of Pennsylvania Has Done One For You – Is It What You Want?
What happens if you die without a will (intestate) in the State of Pennsylvania? Will lawyer David Frees has the answers
Should I Share My Will With The Kids?
The tricky question of when to give children or family members a copy of your will, trust, estate planning documents is....
Special Needs Trusts: Using a Trust Protector
We prepare special needs trusts for beneficiaries to help insure the recipient of inherited or gifted assets can continue to qualify for government or private benefits. Clients who are creating these trusts often struggle to decide who they should appoint as trustee of the trust. We want to make sure that we select the correct person …
Senate Action Urged on Estate Taxes – Trying To End The Uncertainty
Federal Estate Tax Reform and Certainty Is Needed by: David M. Frees III, Esquire Congress failed, at the end of the year to enact any estate tax reform. As a result, the tax was eliminated for a one year period. This might seem like a blessing, but currently, many people’s documents no longer function as …
The Latest News on GRATs -Grantor Retained Annuity Trusts – In Congress
David M. Frees III, Esquire on The Ten Year GRAT The Houses Passes A New 10 Year GRAT Requirement On June 15th, the US House passed H.R. 5486 (a “jobs bill”) that contained a requirement that GRATS (Grantor Retained Annuity Trusts) be for a term of at least 10 years. As readers know, we have …