People naturally have questions about how inheritances are taxed, and some of the answers are encouraging. You do not have to claim an inheritance on regular income tax returns, and this would include … [Read more...] about Can Lifetime Gifts Reduce Estate Tax Exposure?
Without question, financial success is a beautiful thing, but there is one drawback that goes along with it. We have a federal estate tax in place, and it carries a whopping 40 percent maximum rate. … [Read more...] about Estate Planning for High Net Worth Families
It is quite rare to hear any good news about taxation on any level. However, when it comes to inheritance planning, you may be pleasantly surprised. In this post, we will look at the facts, and we … [Read more...] about Inheritance Planning: Good News About Taxation
It can sometimes seem as though estate planning is a purely personal and confidential endeavor. This is one way that you can approach it, and many people take this route. However, there is something … [Read more...] about Anticipate Potential Estate Challenges
We have always been very friendly to the LGBT community, and estate planning has traditionally been an absolute must for committed life partners. This is because of the fact that same-sex marriages … [Read more...] about Estate Planning Is Still Important for Same Sex Couples
As elder law attorneys, we assist clients that are looking ahead toward the challenges they may face when they reach the latter stages of life. Admittedly, some of the potential scenarios are not very … [Read more...] about A Pet Trust Can Facilitate a New Best Friend
As inheritance planning attorneys, we sometimes hear from people that are looking for damage control solutions because deceased family members did not take the appropriate actions. In many cases, … [Read more...] about Inheritance Planning: Make No Assumptions
There are many different tools in the estate planning toolkit. This is why it is important to discuss your own personal situation with a licensed attorney from our firm. We can gain an understanding … [Read more...] about A Look at Three Estate Planning Scenarios
What’s the right direction for you in planning for the help you might need in the future? Seven in ten of us will need long-term care at some point in our lives. Click the link below to read a blog … [Read more...] about How Will You Obtain the Care You Need?
Before you have done any research into the subject, you may assume that all families must pay some type of estate taxes. After all, every financial event in your life seems to be subject to taxation, … [Read more...] about Five Key Facts About Estate Taxes