Courts Rule Against IRS in Defined-Value Transfer Cases; Clear the Way for Using Hard to Value Assets to Optimize 2010 Tax Act Gifting Possibilities

Posted on Wednesday, May 9, 2012

Alpharetta, Georgia—May 9, 2012—Defined-value transfers, a mechanism for gifting hard-to-value assets, has long been a target of the IRS, with the agency often arguing the legitimacy of the strategy then attempting to revalue the assets for a higher amount at… read on

 

Time is Running Out for Those Who Want to Save Taxes and Provide Huge Benefits to Their Loved Ones!

Posted on Friday, March 23, 2012

As readers of our newsletter should already be aware, the 2010 Tax Act is set to expire, or “sunset,” at the end of  2012.  This means that the laws regarding the federal wealth transfer taxes, which are the gift, estate… read on

 

The 2010 Tax Act, Gifts, and Perpetual Dynasty Trusts – The Perfect Estate Planning Combination

Posted on Tuesday, January 31, 2012

One of the many provisions of the tax law which became effective on December 17, 2010 (the “2010 Tax Act”) was a provision which effectively created federal gift and generation-skipping transfer (“GST”) tax exemptions1 of $5,000,000 for each individual U.S.… read on

 

Charitable Giving and Social Capital

Posted on Monday, April 25, 2011

“Social capital” is essentially money or other assets which will be used for activities which benefit either the government or society. When you pay taxes, you are involuntarily creating social capital, which will be spent as the government decides. With… read on

 

2011 & 2012: The Golden Gifting Years

Posted on Tuesday, February 1, 2011

As you should now know, The Tax Relief, Unemployment Insurance, and Job Creation Act of 2010 (the “2010 Tax Act”) became law December 17, 2010, and made a number of changes to the federal wealth transfer tax laws.  The federal… read on

 

2011 and 2012 May Be The Golden Gifting Years

Posted on Tuesday, February 1, 2011

The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the “2010 Tax Act”) made a significant number of changes to the federal estate, gift, and generation-skipping transfer (“GST”) tax laws. One of the biggest changes is a… read on

 

The 2010 Tax Act Made A Number of Changes to the Federal Estate, Gift, and Generation Skipping Transfer Tax Laws – To What Extent Should Your Estate Plan Rely On Those Changes?

Posted on Saturday, January 1, 2011

The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the “2010 Tax Act”) made a significant number of changes to the federal estate, gift, and generation-skipping transfer (“GST”) tax laws. One question which many of our clients… read on

 

You Need to Act Now if You Want to Take Advantage of Certain Year-End Estate & Tax Planning Opportunities!

Posted on Monday, December 27, 2010

As noted in the News Alert we sent out on December 20, 2010, the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (“2010 Tax Act”) is now the law of the land, after having been signed by… read on

 

Year End Planning Opportunities

Posted on Wednesday, December 1, 2010

As noted in the News Alert we sent out on December 20, 2010, the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (“2010 Tax Act”) is now the law of the land, after having been signed by… read on

 

Incredible Tax Planning Opportunities Available For Those Who Act Now!

Posted on Monday, October 18, 2010

While the current state of the economy has many negatives, including depressed asset values and historically low interest rates being paid on savings, some of these negatives can be used with good estate planning to produce some amazing estate or… read on