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...
Estate tax
Mitt Romney’s Tax Return and Estate Planning Strategies of The Rich and Famous That Matter To You
The Romney’s 2010 tax return (which is quite lengthy and can be viewed in it’s entirety by clicking Mitt Romney’s Tax Return) gives us a few hints about trust and estate planning techniques of the wealthy that may have relevance for you – even if your net worth is closer to 1 million dollars than 150 million. …
Estate Tax Portability: Why More People Than Ever Will File Estate Tax Returns in 2011 and 2012
If Your Spouse Dies in 2011 or 2012 You May Think That There Is No Estate Tax Return Due You Might Right And You Might Be Surprised To Know You Should Still File Most people now know, that if they die during the calendar year 2011 or 2012 that there is a five million dollar …
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 …
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...
End of The Year Gifts, Estate Planning, Wills and Trusts – What You Need to Know for 2010 and 2011
Need to know more about urgent estate planning, will, trust and end of year gifiting?
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 …