January 6, 2021 |
Irrevocable Trusts and Crummey Powers
If you created an irrevocable trust in 2020, you need to ensure that certain kinds of gifts that are made to the trustee to pay ...
Learn MoreIrrevocable Trusts and Crummey Powers
If you created an irrevocable trust in 2020, you need to ensure that certain kinds of gifts that are made to the trustee to pay premiums are kept up to date. One aspect of an irrevocable trust that this influences are known as Crummey powers or annual demand powers.
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January 5, 2021 |
Tax Authorities Claim That Executors Undervalued Prince’s Estate
Controversy was generated when pop singer Prince passed away without a will or any other estate plan in place. Calculations from the IRS indicated ...
Learn MoreJanuary 2, 2021 |
Who Should Serve as a Trustee?
Whether you choose to go with an irrevocable trust or a revocable trust, it’s important to think about the person who will be installed in ...
Learn MoreDecember 30, 2020 |
How Do I Get Rid of a Timeshare as Part of Estate Planning?
If you are a New Jersey resident and also own property in a timeshare, you need to make sure this is accounted for in your ...
Learn MoreDecember 23, 2020 |
Should You Create an Irrevocable Trust for Your Spouse?
Trusts are a popular estate planning strategy because they accomplish multiple goals at once, including privacy, greater layers of control and allowing for support to ...
Learn MoreDecember 22, 2020 |
Is Now the Right Time to Use Your Lifetime Gift Exclusion?
If you currently own an asset that you anticipate is going to appreciate over the coming years, you may want to take advantage of exclusions ...
Learn MoreDecember 17, 2020 |
What Is Portability as It Relates to My Estate?
The Tax Relief Unemployment Insurance Reauthorization and Job Creation Act was signed into law in December 2010. This made significant changes to federal estate taxes, ...
Learn MoreDecember 16, 2020 |
What is a Charitable Lead Trust?
There are many different kinds of trusts and you might use one or more to accomplish the goals in your estate plan. Because trusts can ...
Learn MoreDecember 16, 2020 |
Can I Reduce My Estate Taxes by Paying for Education Now?
If you are looking ahead to your future estate taxes and looking for a strategy to minimize them, a consultation with an estate planning lawyer ...
Learn MoreDecember 15, 2020 |
Have You Planned for Your Invisible Estate?
Many people often make the mistake of assuming that their will controls the distribution of their full estate. It’s easy to forget that certain aspects ...
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<p>The post How Do You Know When You Can Retire? first appeared on Integrated Tax Planning, Legal Planning & Financial Planning.</p>
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<p>The post Mid-Year Planning Checklist for Business Owners and High-Net-Worth Families: Estate, Tax & Financial Strategies to Review Before Year-End first appeared on Integrated Tax Planning, Legal Planning & Financial Planning.</p>
