PROTECTING AN INHERITANCE AS OPPOSED TO RULING FROM THE GRAVE
Some clients have the view that an inheritance should be…
EDUCATIONAL ALERTS
FAILURE TO REVIEW ESTATE PLANS PERIODICALLY CAN LEAD TO UNINTENDED CONSEQUENCES
The estate tax law is a moving target, both at…
ELIZABETH TAYLOR’S ESTATE COULD EXCEED $1 BILLION – MUCH OF IT COULD BENEFIT AIDS CHARITIES
Elizabeth Taylor died recently with a $1 billion estate. This…
TRA 2010 Creates Opportunity for New Planning Strategy – The FlexTrust
The question of whether to fund a credit shelter trust…
Double Disclaimer Saves Millions in Estate and GST Tax
This month’s Alert examines how effective use of disclaimers can…
Annuity Maximization
This Alert examines how a tax-deferred annuity may not be…
Creditor Protection Extended to Inherited IRAs by More Courts
IRAs and Qualified Plans are an increasing portion of our…
Doing It Yourself Can Sometimes Lead to Disaster
Nowadays, a growing number of consumers attempt to prepare estate…
2012 Budget Proposal Includes Permanent Estate and Gift Tax Reforms
This month’s Alert examines the Obama Administration’s 2012 budget proposal…
A “Do-It-Yourself” Mystery: The Case of the Neighbor Girl and the Well-Meaning Widow
Clients occasionally attempt do-it-yourself estate planning. Sometimes they use software…
IRS Issues Instructions for Estate Tax Returns for Decedents Dying in 2011 and 2012
This month’s Alert examines the IRS’ recent release of instructions…
Wisconsin Appeals Court Holds Assets of Irrevocable Trust are Available for Medicaid Eligibility Purposes
Elder law is an increasingly important area of law for…
Fate of Estate and Gift Taxes Remains Uncertain – But, Many Planning Options Remain Available For Now
This month’s Alert examines the continuing uncertainty with the Estate…
Income from Trust Excluded in Determining Alimony Payments
This month’s Alert examines when the income of a trust…
Tax Changes for 2012
This month’s Alert reviews the inflation adjustments applicable to federal…
Millions in Tax Savings Available to Clients Who Act Quickly
This month’s alert examines the current, perhaps short-lived, opportunity for…
His, Hers, or Ours? – Estate Planning for Blended Families
With more than half of marriages ending in divorce, an…
Planning Blunder Leads to Increased Income Taxes
This month’s Alert examines the importance of proper IRA beneficiary…
IRS Issues “Portability” Guidance
he Alert this month examines “portability” and the steps necessary…
Tax Break Extension Legislation Excludes Estate Tax; Act Now to Lock In $5.12 Million Exclusion Amount
The estate tax exclusion is scheduled to revert to $1…
Use It Before You Lose It” Planning Equally Applicable to LGBT and Unmarried Partners
In this month’s alert we examine how your clients, including…
2010 Tax Law Leads to 2012 Litigation
This month’s Alert focuses on the increased trust litigation arising…
Last Chance for Estate Tax Savings?
This month’s alert focuses on the narrowing window to lock-in…
Estate Planning for LGBT Couples: Possible Changes on the Horizon
Approximately forty years into their relationship, Edith Windsor and Thera…
New Year’s Resolution #3 – Get My Estate Plan Reviewed
On December 31st, the United States went off the “fiscal…
More Reasons for Clients to Review Their Estate Plans
Last month, we let you know that Congress let the…
Guardianship Provisions Essential To a Comprehensive Estate Plan
Football fans (and others) were shocked on December 1st of…
Planning for Retirement Assets Can be Difficult
In IR-2013-35 (March 28, 2013), the IRS reminded us that…
President’s Budget Proposal for 2014: Greater Estate Taxes, Income Taxes May Be in Your Future
On January 2, 2013, Congress passed the American Taxpayer Relief…
U. S. Supreme Court Rules DOMA Unconstitutional: Estate Planning for LGBT Couples Just Got Easier – and More Complicated
On June 26, 2013, the Supreme Court ruled in U….
Estate of Hurford: a Taxpayer’s Tale of Woes
In Estate of Thelma Hurford v. Commissioner of Internal Revenue,…
New Rules for Same-Sex Couples
Bruce and Bill were married under the laws of New…
Tax Court Says Taxpayer Cannot Have it Both Ways
Joseph “Pop” Preuschoff acquired the Preuschoff Ranch, a 2,345 acre…
