Skip to contentThe death of a loved one and the subsequent responsibility of having to wind up their estate, including clearing and selling property, valuing assets and ensuring that appropriate taxes are paid, can make this very difficult time even more …
6 Estate Planning Lessons From James Gandolfini's WillBloomberg BNAJames Gandolfini's untimely death at 51 brought many discussions, none more strange than the fixation on his will. A few estate planning stories are salacious, such as the tale of Anna Nicole Smith. A few are amusing, such as Leona Helmsley's $12M …
Leading Estate Planning Attorney Eido Walny Notes That It's Not the Super-Rich …eReleases (press release)MILWAUKEE, Sept. 4, 2013 /PRNewswire/ – With the start of the 2013 NFL season, we're reminded that there are a few more millionaires in the world. But not every NFL player becomes a millionaire. In fact, the average NFL player isn't … Read more
Post-mortem 1035 Exchange of Annuity AllowedWealthManagement.comPLR 201330016 (July 26, 2013) opens a valuable opportunity for life and annuity agents, tax professionals and estate planning attorneys when advising beneficiaries by allowing for more flexible management of these accounts. Facts. In the PLR, the …
Res Judicata and the Bar on Double DeductionsWealthManagement.comOn Jan. 5, 2012, three co-personal representatives of the estate of George Batchelor (collectively, the Estate) filed a three-count complaint seeking federal income tax refunds. Later that year, in Anne Batchelor-Robjohns, et al. v. United States, Case No.
Refunds and AssessmentsWealthManagement.comUntil 1990, common law GRITs were a popular estate-planning technique used to transfer trust property to the next generation at a reduced transfer tax value. A common law GRIT involved the retention by the grantor of income interest in a trust for a … and more »
U.S. News & World Report Drastic changes to tax and estate planning for same-sex couplesInvestmentNewsCertified public accountants, tax attorneys and financial advisers will want to revisit their estate-planning techniques for same-sex couples now that the Treasury Department and the Internal Revenue Service recognize these marriages for federal tax …Treasury Department Recognizes All Legal Marriages for … Read more
How to Make Estate Planning Less ComplexFox BusinessEstate planning used to be all about getting your financial affairs in order to take care of your family, but for boomers, it's expanded to also include leaving a legacy and making a difference in the world after death. Over the past decade, expiring …
ESTATE PLANNING: Pour over wills direct estate assets into trustnwitimes.comIt sounds sort of unnecessary to have a will in a trust estate plan but trust me, it's an important piece of the estate planning puzzle. A will that supports a trust is known as a pour over will. It's main purpose is to direct estate … Read more
Struble completes estate planning programClarksville Leaf ChronicleAlicia Struble, an investment management consultant in the Ellis, Sneed & Struble office of Raymond James & Associates, 2321 Rudolphtown Road, recently completed the Advanced Estate Planning Institute at the Raymond James Institute of Finance, said …