Mom, Apple Pie, and The Death Tax – Another Man’s Views
This is an alternative view on federal estate tax changes but be aware, not entirely accurate on the facts.
Estate Tax Planning
529 Plans – Want To Know How The Obamas Are Saving For College For The Kids?
With the cost of 4 year college educations continuing to soar and, to out pace inflation, many of us are wondering how to save for our children. There are a variety of tools ranging from multiple 529 plans to UTMA accounts, to trusts, and outright savings in the parent’s own names. But, if you want to …
Want to know more about Pennsylvania and Asset Protection?
Asset protection is a practice of using certain strategies and tactics, to legally and ethically protect your assets from various risks such as litigation, taxation, divorce and other claims. It differs from ordinary estate planning but many professionals, real estate owners, and business owners now seek added levels of protection in Pennsylvania that go beyond …
Over $3.5 Million Dollars In Assets? The GRAT is Right – Right Now
The Wall Street Journal has an excellent article on the virtues and reasons for a GRAT right now. If you have been considering a GRAT (Grantor Retained Annuity Trust) there has probably never been a better time. Want to know more? Read on… www.paestateplanners.com
“Freeze” or Radical Increase in the Federal Death Tax on You and Your Family?
Read this just posted an article on the Federal Government’s claim that the proposals circulating in congress are a decrease in the tax and are quite reasonable. For competing views on this controversial tax and how to plan for it read this article by Chester County based will, trust, estate and asset protection lawyer …
Senate Votes On A budget Bill to Exempt More Estates – Will It Hold?
While this is only a budget bill, and only in the Senate, there was some movement on estate tax reform today. If this type of bill were to ultimately pass the house and senate it would allow many more couples, and individuals to do estate and asset protection planning for their heirs without some of …
Federal Estate or “death” Tax and The New York Times
There are many views on the issue of estate taxes. The New York Times editorial may not be your view but it is worth a read. Do you think that a tax at your death should not be labeled a death tax? Read the New York Times Death Tax Editorial. David M. Frees …
Will Your Estate Owe Federal Estate Taxes?
Many of us are wondering whether or not our Executors, Administrators, beneficiaries or Trustees will have to pay estate taxes at the time of our death. I came across an excellent article in Smart Money that will help you answer the question, Will My Estate Owe Estate Taxes? This should help you get a …
New Alert ON RMDs From IRAs
If you are 70 1/2 or older there are new rules on required minimum distributions from your IRA. Just click the highlighted line to read more. David M. Frees III Pennsylvania Lawyer Avvo Rated 9.4 Superb. Visit our convenient offices serving Chester County, Montgomery County, as well as Lancaster County, Berks …
The Death Tax Update
Both the Senate and the US House of Representatives are now working on bills that would reform the federal estate tax (also known as the death tax) before the end of this year. Both bills contain a $3.5 million dollar exemption per person. This would allow an individual Pennsylvania resident to shelter $3.5 million dollars …