Even though the Tax Cuts and Jobs Act doubled the gift and estate tax exemption to $10 million beginning this year, there are many families that still have to contend with significant federal estate tax liability. Plus, there...more
8/2/2018
/ Apportionment ,
Estate Planning ,
Estate Tax ,
Estate-Tax Exemption ,
Federal Taxes ,
Gift-Tax Exemption ,
Individual Retirement Account (IRA) ,
Life Insurance ,
Retirement Plan ,
State Taxes ,
Tax Cuts and Jobs Act ,
Wills
The Tax Cuts and Jobs Act (TCJA) will have a significant impact on estate planning and related aspects, such as charitable giving. Even though the TCJA reduces tax incentives for making charitable donations for some people,...more
7/31/2018
/ Charitable Donations ,
Charitable Remainder Trust ,
Charitable Rollover ,
Estate Planning ,
Estate Tax ,
Gift Tax ,
Gifts ,
Securities ,
Standard Deduction ,
State Taxes ,
Tax Cuts and Jobs Act ,
Tax Incentives
In This Issue:
- Charitable giving in a post-TCJA world: What you need to know in the wake of the new tax law
- Understanding the contents of a will
- Should a tax apportionment clause be in your estate plan?
- ESTATE...more
Given the substantially increased combined gift and estate tax exemption amount established by the Tax Cuts and Jobs Act, now is the time to re-examine lifetime gift-giving strategies. This brief article explains why making...more
Somewhat lost in the clamor of the tax changes enacted by the Tax Cuts and Jobs Act is the fact that the new law preserves the “portability” provision for married couples. Portability allows an estate to elect to permit the...more
6/8/2018
/ American Taxpayer Relief Act of 2012 (ATRA) ,
Estate Planning ,
Estate Tax ,
Generation-Skipping Transfer ,
Gift Tax ,
Portability ,
Surviving Spouse ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Exemptions ,
Tax Planning ,
Tax Relief Act of 2010 ,
Transfer of Assets
In This Issue:
- Tax Cuts and Jobs Act supercharges exemption portability
- Buy-sell agreements: When a smart business decision also makes estate planning sense
- Picking up stakes: Understand the tax and estate...more
After recent tax legislation, including the Tax Cuts and Jobs Act, few tax shelters are left standing. One key exception is life insurance. This brief article details that, if certain requirements are met, the buildup of...more
In This Issue:
- Sudden impact: When a spouse unexpectedly dies
- New tax law affects estate planning strategies
- All in the family: Transferring your vacation home
- Estate planning pitfall: You haven’t planned for...more
2/7/2018
/ 529 Plans ,
Death Certificates ,
Estate Planning ,
Estate Tax ,
Gift Tax ,
Gift-Tax Exemption ,
Long-Term Care ,
Real Estate Transfers ,
Surviving Spouse ,
Tax Cuts and Jobs Act ,
Tax Exemptions ,
Tax Rates ,
Tax Reform ,
Vacation Homes