New IRS Ruling On Asset Protection Trusts – Yes You Can Protect Assets and Keep Them Out Of Your Estate
By: David Frees Wills, Trusts, Estate and Asset Protection Planning Generally, the rule is that when you create a trust, and keep the right to receive assets from that trust, the trust can be reached in a lawsuit against you and will be taxed in your estate.
Executor and Attorney Fees For Probate In PA
Executor and Attorney Fees and commissions For Estate Administrations and Probate in Pennsylvania (PA). This is often a mysterious topic for many who find themselves involved in an estate administration as executor or beneficiary in PA. There is not a perfect answer as to what the executor , attorney and probate fees will be in each case, …
Annuities and Medicaid Planning – Federal Court Ruling In Wetherbee v. Richman
Annuities have long had a role in Medicaid and nursing home asset protection planning in PA and in other states. There are planning opportunities that allow a husband and wife to shelter a portion of the family assets so that the community spouse (non-nursing home spouse) can remain at home and have greater financial freedom. …
Gift Tax Facts and Fiction For 2010
Pennsylvania probate, trust and estate lawyer David Frees on the facts and fiction of gift taxes in 2010. Don't make an expensive mistake...
Great Overview of The Estate Tax Situation and Recommendations by CBS and The WSJ
Are you wondering: Should I update my estate plan, will or trust? Do I need a new power of attorney? I have over 3.5 million dollars how does the affect me? I have under 1.0 million dollars. What now? To Roth or not to Roth? What is happening to the estate tax? What if I …
Our Estate Tax Issues May Not Matter According To Russia
By David Frees Law Office: Phoenixville, Malvern and West Chester You think retroactive taxation for estate tax purposes is a problem? Well, according to Russia, we have bigger problems…. click here to read more about estate planning and the pending fall of the United States governmentt. If you need more information about planning …
Financial News That You Can Use – For Yourself or to Educate the Next Generation
Attorney David Frees Presents Financial, Legal, and Lifestyle News and Tips One of the best ways to safeguard the inheritance that you leave to the next generation, is through trusts. However, teaching children and grandchildren to be financially savvy is the true key to growing and maintaining family wealth across the generations. Here is a …
Married To A Wealthy Spouse? Check His Or Her Will. You Might Be Disinherited Thanks To Congress
The lapse of the federal estate tax may be leaving many wealthy spouses without an inheritance due to formula clauses that no longer work. Estate lawyer David M Frees III and the Wall Street Journal...
Useful Ideas for 2010 and Beyond And Starting Right Now
Strategies, tips, checklist for the new year and tools for updating your wills or estate plan.
Happy New Year To Our Clients, Friends, Professional Advisors and Team Members
We would like to take this opportunity to say “Happy New Year and Thank You” from the entire firm and from the Trust, Estate and Wealth Preservation Section of Unruh, Turner, Burke and Frees. We know that in this area of the state of Pennsylvania, you have many choices for your trust, estate planning, …