The federal estate tax and the gift tax are significant factors for many individuals. There are misconceptions out there, and as a response we would like to provide the answers to five of the more … [Read more...] about Five Frequently Asked Gift & Estate Tax Questions
When you are engaged in the process of estate planning you should inventory your assets for a number of different reasons. One of these would be to determine whether or not you have any federal estate … [Read more...] about What Is the Unlimited Marital Estate Tax Deduction?
As a person with significant financial resources, you need to consider estate tax efficiency and asset protection when you're planning your estate. If these are your objectives, you should consider … [Read more...] about Family Limited Partnership: Asset Protection, Tax Savings
There are numerous different Trusts that are used in the field of estate planning, and in this post we would like to look at Qualified Domestic Trusts. Let's explain a bit about the estate tax … [Read more...] about Why Would Someone Need a Qualified Domestic Trust?
If you are a high net worth individual you must be aware of the federal estate tax and the impact that it can have on your financial legacy. Those who have been able to accumulate wealth have … [Read more...] about How Can I Leave My Estate to My Spouse Tax Free?
When you hear about the existence of the federal gift tax, you may wonder if you can give tax-free gifts to your children. Have you been breaking the law all these years by failing to pay taxes on … [Read more...] about Cincinnati Gift Tax: Can I Give Tax-Free Gifts to My Children?
Accumulating wealth may be your first objective as a businessperson. After this has been accomplished, you must take steps to preserve your hard-earned wealth. Indeed, there are various different … [Read more...] about Can an Irrevocable Trust Preserve Family Wealth?
There is a very relevant article appearing on the Forbes website that explains some of the details about the 2015 budget proposal that has been presented by the White House. High net worth families … [Read more...] about Proposed 2015 Budget Would Reduce Estate Tax Exclusion, Raise Rate
People who are in possession of significant wealth need to be concerned about the federal estate tax. You may think that your family will be set for generations if you have been fortunate enough to … [Read more...] about How Large of an Estate Can Pass Federal Estate Tax Free in Ohio?
The odds of a majority of Americans who will pay federal estate taxes are slim, because the vast majority of Americans don’t have millions in assets. State estate taxes are usually another matter, … [Read more...] about The Dreaded Estate Tax