The Perfect Storm for Advanced Estate Planning (Part 2)

In Part 1 of this newsletter series on “The Perfect Storm for Advanced Estate Planning,” we discussed how right now may be the perfect time to undertake advanced estate planning transactions. Why? The reasons include historically low interest rates, relatively low and volatile asset valuations, and an expectation of higher taxation on the horizon. In [...]

2020-06-17T15:21:41-04:00June 17th, 2020|Articles, Blog, Estate Planning, News, Tax Planning|

Watch Now: Guardianship & Conservatorship in Georgia

by Diane Weinberg This video blog addresses some of the common questions I receive about guardianships and conservatorships. Please note that this information is specific to the state of Georgia. If you live in a different state, you may find it broadly informative, but you should consult an attorney in your state [...]

2020-06-09T15:40:54-04:00May 27th, 2020|Blog, Videos|

The Perfect Storm for Advanced Estate Planning (Part 1)

Now is the time to undertake advanced estate planning! The last time we made a call-to-action with this level of conviction to undertake more advanced estate planning was in late 2011 when interest rates began hitting historical lows. Well, we are hitting historically low interest rates again, and the interest rates for June 2020 are [...]

2020-05-27T11:05:46-04:00May 19th, 2020|Articles, Blog, Estate Planning, News, Tax Planning|

The Social Security Administration Keeps Us on Our Toes: Treatment of CARES Act Payments for SSI and Medicaid Beneficiaries; Nominating Representative Payees with the Social Security Administration

By Diane Weinberg Under the Coronavirus Aid, Relief and Economic Security (CARES) Act, every taxpayer who received income in 2018 and 2019 below a certain threshold will receive a direct payment from the federal government. Generally, single taxpayers will receive a rebate of $1,200 ($2,400 for married couples), and eligible individuals will also receive a credit [...]

2020-04-16T11:44:03-04:00April 14th, 2020|Blog|

UPDATED 3/30/20: Gift Tax Return Due Dates Extended to July 15, 2020

UPDATE 3/30/20: The IRS has extended the deadline for gift tax return filings, too - July 15, 2020. You may read Notice 2020-20 under "Guidance" on the IRS Coronavirus Tax Relief page. 3/26/20: It has been widely reported that the income tax return filing and payment dates for many taxpayers have been pushed back. What has been [...]

2020-04-01T12:48:06-04:00March 25th, 2020|Articles, Blog, Gift Tax Planning, News, News Alert|

Who Are Your Grandchildren Under Your Estate Planning Documents?

by Richard M. Morgan As can be seen in the case of actress Elizabeth Hurley's son, Damian Hurley, a child born out-of-wedlock to Peter Bing's son, Steve Bing, it clearly depends on the wording in the particular estate planning document. This is case where a trust creator, Peter Bing, who happens to be a multi-billionaire, [...]

2019-08-07T09:21:00-04:00August 7th, 2019|Blog|