What’s next with the Estate Tax? (2012)
What is the future of the federal estate tax? All we know for sure is that no one knows anything; it's all speculation. So, let's [...]
How, exactly, does one “get one’s affairs in order”?
In 2008, Jane Bissler, a counselor in Kent, Ohio, approached her then-87-year-old mother about organizing her documents. Because her mom was a widow with relatively [...]
Should you use the estate-tax exclusion amount now? (2011)
The applicable exclusion amount is the amount that can be sheltered from federal gift and estate tax by the unified credit. The applicable exclusion amount [...]
Estate Tax Changes Under the 2010 Act
IntroductionThe Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the 2010 Tax Act) was signed into law in December 2010. This law [...]
Estate (& Gift) Tax Exclusion Portability
What is the applicable exclusion amount?The applicable exclusion amount is the amount that can be sheltered from federal gift and estate tax by the unified [...]
The New Estate Tax Rules (2011)
Looking aheadWithout further legislation in the interim, the provisions of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 are scheduled to [...]
Family Limited Partnerships & LLCs
Family Limited Partnership (FLP) or Limited Liability Company (FLLC) A properly formed and maintained FLP or FLLC can facilitate the transfer of your business to [...]
Estate Planning 101
Estate Planning--An Introduction Since incapacity can strike anyone at anytime, all adults over 18 should consider having: A durable power of attorney: This document lets [...]