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
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
