Newsletters
Choice of Fiduciaries: An Extremely Important Aspect of Your Estate Plan
When structuring an estate plan, most people will give little thought to the selection of their various fiduciaries. Your fiduciaries are the individuals or professionals who will carry out your intent under your estate plan.
Letter of Instructions: Significantly Reduce the Hassle on Your Chosen Fiduciaries (Updated February 2023)
A Letter of Instructions (LOI) is a written or electronic document that sets out all the information that your fiduciaries will need to help assist you if you ever become incapacitated during your life and/or eventually upon your passing. Yes, it will take some effort…
Portability Can Now Be Elected Up to Five Years After Date of Death Without the Need for Private Letter Ruling Where an Estate Tax Return (IRS Form 706) Was Not Otherwise Required to be Filed [Rev. Proc. 2022-32]
The Internal Revenue Service (IRS) has provided good news to many families by effectively extending the time to file an IRS Form 706 and make …
How to Best Use the Temporarily Doubled Exemptions From the Wealth Transfer Taxes
Important Update: IRS issued “anti-abuse” Proposed Regulations on April 27, 2022 which limits available taxable gifting options discussed in paragraph G below. See our May …
Top Six Estate and Tax Planning Steps to Consider Before the End of 2019
This installment of our The Passionate Estate Planner newsletter will review what we at Morgan & DiSalvo consider to be the top six Estate and …
When Advocacy Creates Policy Change
Martha Jo “Marty” Wagner, Esq., an attorney with Kilpatrick Townsend & Stockton LLP, gave me one of the best pieces of advice I ever received. I worked with Marty when I was a young associate at that firm more than two decades ago. When we started working together, she advised me to assume that everything she told me about the law was wrong until I had verified the statutes and regulations myself.
Ten Common Myths About Estate Planning
Having a professionally prepared estate plan is a crucial part of planning for the future. A well-crafted Will-based or Trust-based plan can provide security and other protections for one’s beneficiaries, can help to avoid significant expense and inconvenience to them, and can provide peace of mind to the person making the plan.
