Many of us would like our children to inherit our home once we are gone. More than a few of us think it makes sense to give our home to our children while we are still living. That is not a good idea! Here’s why.
Loss of...more
The election is only weeks away, and with it is likely to come significant changes to the tax code. Many economists anticipate that, regardless of the outcome, there will likely be tax increases to reduce the federal deficit,...more
10/19/2020
/ Beneficiaries ,
Charitable Donations ,
Coronavirus/COVID-19 ,
Donor-Advised Funds (DAFs) ,
Estate Planning ,
Estate Tax ,
Generation-Skipping Transfer ,
Gift Tax ,
Gift-Tax Exemption ,
New Legislation ,
Private Foundations ,
Public Charities ,
SLAT ,
Sunset Provisions ,
Tax Exemptions ,
Tax Liability ,
Tax Planning ,
Transfer Taxes
You’ve heard the adage: Those who fail to plan, plan to fail. Never is that more true than with estate planning. When you create an estate plan, you choose exactly who gets your assets, how they get them and in what manner...more
Friends and colleagues-
My thoughts are with you during these uncertain times.
First and foremost, I want you and your family to stay safe and healthy. Social distancing is a small price to pay for guarding the wellness...more
The recent stock market volatility due to the coronavirus has understandably caused concern. When the market drops, however, it presents a great estate planning opportunity. Then, it’s the perfect time to gift assets to loved...more