This week I came upon an interesting article called “Sibling Scorned” in the March issue of Private Wealth. Click "link" to read the article. Basically, it discusses the battles that…
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The other day, someone asked me, “What happens to my home when I die?” In other words, “Why do I need an Estate Plan?” This is why. Assuming that the…
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There is a good article posted about donor’s remorse on WSJ Online called “The Rush to Avoid Gift Taxes.” The article can be found by clicking here and discusses the…
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The problem with irrevocable trusts is that, well, they are irrevocable. Once executed, an irrevocable trust may only be amended on rare occasion, and in most cases, only upon court…
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When you die, you can’t take it with you, but perhaps you can do some good with the assets that you leave behind. This was the topic at the 46th…
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This week I had the pleasure of attending a meeting of the Estate Planning Council of South Orange County. The keynote speaker, Barry P. Levine, a consultant with Northern Trust,…
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This blog focuses on estate planning, but many times estate planning intersects with income tax planning. Take, for example this week’s post on The Wall Street Journal Online edition titled…
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With record low interest rates, homeowners are rushing to refinance their mortgages. With 30-year fixed rates averaging around 4%, who can blame them? Moreover, with many lenders also offering to…
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The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the “Act”) added a “portability feature” for estates of decedents dying after 2010 and before 2013. This allows…
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Every once in a while, the federal government gets it right. Cost of Living Adjustments impacting tax rates for 2012 were recently released and most of the adjustments are favorable…
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