"Immediate Steps You Should Take When a Loved One Dies" by Attorney Colleen Sinclair Prosser … [Read more...] about “Your Estate Matters” – Audio
Do You Need a Revocable Living Trust
I often hear the assumption that people do not need a trust unless they have $1,000,000. This is not true. A Revocable Living Trust is an estate plan. The trust is a Will substitute. Instead of having a Last Will and Testament as your estate plan, you can have a Revocable Living Trust. The purpose of a Revocable Living Trust is to avoid probate. Often my clients have more than one … [Read more...] about Do You Need a Revocable Living Trust
Generation Skipping Trusts: You Are Not Skipping a Generation, You are Skipping a Generation of Tax
Should an inheritance be passed along to future generations with or without a trust? This is a question I often consider when advising clients on their estate plans. There are several choices families have to make when setting up an estate plan. One is, do I leave a lump sum of money outright to the beneficiaries, or put the funds in trust with instructions for distributions to be made from the … [Read more...] about Generation Skipping Trusts: You Are Not Skipping a Generation, You are Skipping a Generation of Tax
Your Estate Matters – Audio
"Generation Skipping Trusts: You are not skipping a generation; you are skipping generation of tax" by Attorney Colleen Sinclair Prosser … [Read more...] about Your Estate Matters – Audio
Register today for our FREE Estate Planning Seminars scheduled for next week!
The presentation establishes the necessary components of an effective estate plan. The seminar is presented in a case study format profiling the life of Bill and Mary Jones. Several scenarios are used to relay the impact of estate planning issues relating to probate, disability due to incompetence, protection of government benefits for special needs loved ones, second marriages, unmarried … [Read more...] about Register today for our FREE Estate Planning Seminars scheduled for next week!
Your Estate Matters – Audio "ObamaCare at a Glance"
"ObamaCare at a Glance" by Attorney Paula M. Mattson-Sarli … [Read more...] about Your Estate Matters – Audio "ObamaCare at a Glance"
2013 Estate, Gift and Capital Gains Tax Changes
As 2012 was winding down, estate planners throughout the country waited to see how Congress and the President would handle capital gains, estate and gift tax issues. Under what is called a sunset provision, the estate tax exemption was scheduled to return to $1,000,000 on January 1, 2013, the amount set prior to the Bush Era Tax Cuts. This would have meant that all estates in excess of … [Read more...] about 2013 Estate, Gift and Capital Gains Tax Changes
We Dodged the Fiscal Cliff – How the New Tax Bill Affects You
Posted by Attorney Colleen Sinclair Prosser on behalf of the American Academy of Estate Planning Attorneys In case you haven’t heard, the New Year brought a new law recently signed by the President. To avoid the country from falling off the “fiscal cliff,” the “American Taxpayer Relief Act” was approved on New Year’s Day. The approval and signing of this new law may affect the future of your … [Read more...] about We Dodged the Fiscal Cliff – How the New Tax Bill Affects You
Your Estate Matters – Audio – 2013 Estate, Gift and Capital Gains Tax Changes
"2013 Estate, Gift and Capital Gains Tax Changes" by Attorney Colleen Sinclair Prosser … [Read more...] about Your Estate Matters – Audio – 2013 Estate, Gift and Capital Gains Tax Changes
The Estate Tax Ball is About to Drop!
Posted by Attorney Colleen Sinclair Prosser on behalf of The American Academy of Estate Planning Attorneys There are only a few days left before the clock strikes midnight on December 31st and the tax law changes. Or will it? As of this writing, the law to which it will change will be the pre-EGTRRA/TRA law. In other words, currently in 2012, individuals with estates under $5.12 million are … [Read more...] about The Estate Tax Ball is About to Drop!
