Tag Archives: Minimizing Estate Tax
David Bowie’s $100 Million Estate
> While estate taxes cannot always be avoided, they can be minimized through proper planning. > Privacy and probate avoidance can benefit estates of all sizes, not just celebrity estates. > If specific funeral wishes are important, they should be … more
The Value of Proper Estate Planning
> Reducing the estate tax and administration burden on your family during a difficult time is an invaluable benefit of proper estate planning. > An incomplete estate plan can lead to extensive legal costs and permanently strained relationships. > The … more
White House Continues to Target Transfer Taxes
It was expected—perhaps foolishly—that the American Taxpayer Relief Act of 2012 (the “ATRA”), signed into law on January 2, 2013, would end the fluctuating estate and gift tax exemptions by setting the unified exemption at $5 million per individual, indexed … more
Your Estate Planning Goals
POWER POINTS + Estate planning is about much more than just who will receive your assets after death. + Proper estate planning can reduce the cost, time and likelihood of conflict when your assets are to be transferred to your … more
Mind Your Business Interests
POWER POINTS Whether you run your own business or own a share of a family business, failing to mind your business interests can result in unnecessary, expensive probate proceedings and conflicts amongst your loved ones. How your business interest will … more
Guest Blog: Life Insurance Basics, Part 2 of 2
I get many questions regarding life insurance, and while I am happy to advise on the many estate and gift tax consequences related to life insurance, I leave the recommendations of why, how much and why to the life insurance … more
Guest Blog: Life Insurance Basics, Part 1 of 2
I get many questions regarding life insurance, and while I am happy to advise on the many estate and gift tax consequences related to life insurance, I leave the recommendations of why, how much and why to the life insurance … more
Phillip Seymour Hoffman’s Questionable Estate Plan
Actor Phillip Seymour Hoffman was found dead in his Manhattan home on February 2nd from an apparent drug overdose. Hoffman was 46 years old and was not married but had three minor children with his girlfriend, Marianne O’Donnell. He left … more
Paul Walker: $45 Million Estate, No Estate Planning?
Paul Walker, star of the popular The Fast and The Furious film series, died on November 30th at the young age of 40 in a high-speed car accident. Walker was never married but was reportedly living with his girlfriend of … more
Link: State Estate Taxes
A good read on the various state estate tax systems and issues to be considered: Article: States continue to claim their share through the estate tax It’s not just about the federal estate tax. Make sure your attorney understands the … more
