Everyday I meet with families and we discuss the estate planning technique of gifting, which can be a valuable strategy to reduce estate taxes. Gifting can be done on a limited basis or it can be done on a continuous basis as part of an overall plan to reduce estate taxes. Either way it can be relatively easy. Most people have heard that you can give away $13,000 per year per person, but … [Read more...] about The Ins and Outs of Gifting
Your Estate Matters – Audio
"The Ins and Outs of Gifting" by Attorney Colleen Sinclair Prosser … [Read more...] about Your Estate Matters – Audio
Your Estate Matters – Reminder
Don't forget to tune in today to WNAV Radio on 1430 AM or 99.9 FM @ 3:50 pm to listen to "Your Estate Matters" with Attorney Paula M. Mattson-Sarli. The topic is "How to fund your living trust and why it's important to do so". … [Read more...] about Your Estate Matters – Reminder
Three Taxes at Death
There are three taxes your family may have to face in the State of Maryland. There is a federal estate tax, a Maryland estate tax, and a state inheritance tax. Maryland does have a state inheritance tax, but it does not apply to everyone. It does not apply if you leave your assets to your spouse, your children, your grand-children, parents or grandparents, or your brothers or sisters. Anyone … [Read more...] about Three Taxes at Death
Your Estate Matters – Audio
"Three Taxes at Death" by Attorney Nicole Livingston … [Read more...] about Your Estate Matters – Audio
Your Estate Matters – Reminder
Don't forget to tune in today to WNAV Radio on 1430 AM or 99.9 FM @ 3:50pm to listen to Your Estate Matters with Attorney Nicole Livingston. The topic is Three Taxes at Death. … [Read more...] about Your Estate Matters – Reminder
Make Sure YOUR Estate Goes to the People You Love!
Instead of the IRS, Probate Court or a Nursing Home. Attend a FREE SEMINAR to Find Out How a Proper Estate Plan Can Benefit Your Family... ...Seating is limited so follow the link to reserve yours today! Seminars … [Read more...] about Make Sure YOUR Estate Goes to the People You Love!
Estate Tax Planning, Beyond the Living Trust
When you put your estate planning in place you took some valuable steps to protect your family from guardianship, probate and/or estate taxes. The current system of estate taxation in Maryland taxes estates in excess of $1,000,000 for a single person. For a married couple with a living trust, $2,000,000 would be exempt. Do you want to take additional steps to reduce or eliminate estate taxes? … [Read more...] about Estate Tax Planning, Beyond the Living Trust
Estate Planning Concerns for Unmarried Couples
Couples that are not married will face many estate-planning problems that they probably did not count on. This is one reason it is so important to consult an estate-planning attorney that can help you navigate the complex and unique situations that you and your partner may face with your estate plan. One of the biggest problems facing unmarried couples is the estate tax. When you are not married, … [Read more...] about Estate Planning Concerns for Unmarried Couples
Consumers Want to Know More About TRA 2010: The New Tax Law
By: Stephen C. Hartnett, J.D., LL.M., Associate Director of Education, American Academy of Estate Planning Attorneys After much wrangling and politics, on December 17th, President Obama signed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, otherwise known as “TRA 2010.” The law did many things: Temporarily extended the Bush-era income tax … [Read more...] about Consumers Want to Know More About TRA 2010: The New Tax Law
