News & Analysis as of

Asset Protection Estate Planning Internal Revenue Service

Mandelbaum Barrett PC

Can I Give My Kids $19,000 a Year and Apply for Medicaid?

Mandelbaum Barrett PC on

If you have money to give your children, you certainly can, but you should be aware that you may face consequences should you apply for Medicaid long-term care coverage within five years after each gift. Medicaid’s rules...more

Allen Barron, Inc.

Tax and Estate Planning for Small Business Owners and S Corporations with No Employees

Allen Barron, Inc. on

Many small business owners mistakenly believe business succession planning and estate planning is for those with substantial wealth. This is simply a myth which does not reflect the nature of business or home ownership....more

Allen Barron, Inc.

You Need to Review Your Irrevocable Trust

Allen Barron, Inc. on

Do you employ an irrevocable trust or trusts as part of your estate plan? You need to review your irrevocable trust to ensure it still delivers the benefits intended. It is generally possible to modify an irrevocable trust,...more

Greenberg Glusker LLP

Private Retirement Plans as an Asset Protection Tool Overheard in Bankruptcy

Greenberg Glusker LLP on

After years of hard work and planning, or perhaps through the timely entrance into a fledgling market, your business is thriving.  With day-to-day operations running smoothly, you begin to consider how to best plan ahead to...more

Chambliss, Bahner & Stophel, P.C.

Kiddie Tax Changes May Increase Burden for Families with SNTs

Major changes to the “kiddie tax” could significantly increase the tax liability of assets placed in special needs trusts if the trust’s beneficiary is a minor and the income the trust earns is high enough. Congress...more

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