Gifts to Irrevocable Trusts Which Are Intended to Be Fully Exempt from the Generation-Skipping Transfer Tax May Best Be Avoided in 2010

Posted on Friday, February 5, 2010

As of January 1, 2010, the federal estate, gift, and generation-skipping transfer (“GST”) tax laws changed significantly. One aspect of these changes has the potential to create havoc for people who have previously created irrevocable trusts which were intended to… read on

 

Converting a Regular IRA to a Roth IRA

Posted on Monday, February 1, 2010

Converting your investments in traditional IRAs to a Roth IRA during 2010 can be an important planning opportunity for many clients. This conversion allows you to move from a tax deferred environment into a tax free environment. While this opportunity… read on

 

As of January 1, 2010, the Federal Estate and GST Taxes Were Repealed – What Does This Mean For Your Estate Planning?

Posted on Monday, January 25, 2010

As you may be aware, as of January 1, 2010, the federal estate and generation-skipping transfer (“GST”) taxes were repealed for one year, under a law originally put into effect in 2001. While the federal gift tax was retained, it… read on

 

New Alert: As of January 1, 2010, the Federal Estate and GST Taxes Were Repealed – What Does This Mean For Your Estate Planning?

Posted on Friday, January 15, 2010

As you may be aware, as of January 1, 2010, the federal estate and generation-skipping transfer (“GST”) taxes were repealed for one year, under a law originally put into effect in 2001.  While the federal gift tax was retained, it… read on

 

Ethical Wills – What you really want to communicate to your loved ones

Posted on Friday, January 1, 2010

Wills, trusts, powers of attorney, and advance directives for health care are all legal documents which deal with your assets and your health.  These are important estate planning documents, and you should work with an experienced and competent estate planning… read on

 

News Alert: Government Is Cracking Down On Claims of “Independent Contractor” Status

Posted on Friday, February 20, 2009

Many individuals work for others under the assumption that they qualify as “independent contractors,” rather than employees.  Since many of the rules which apply with regard to employees do not apply to independent contractors (such as federal and state income… read on