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Sinclair Prosser Gasior

Annapolis Estate Planning Attorneys

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Home / Archives for Income Tax

“What to Expect When You Receive an Inheritance”

February 21, 2014 by Sinclair Prosser Gasior

  Who hasn’t daydreamed about what they’d do with an inheritance? We imagine a sudden windfall from a long-lost relative and think about the new car we’d buy, the long vacation we’d take, or the beautiful new home we’d move into. In reality, inheriting money can be a little more complicated, and it can give rise to unanticipated questions and concerns. Here are answers to four common concerns … [Read more...] about “What to Expect When You Receive an Inheritance”

Filed Under: Estate Administration, Estate Planning, Income Tax Tagged With: American Academy of Estate Planning Attorneys, Disclaimer, Inheritance Planning

“What to Expect When You Receive an Inheritance” (Audio) YOUR ESTATE MATTERS

February 19, 2014 by Sinclair Prosser Gasior

  "What to Expect When You're Inheriting" by Attorney Nicole Livingston The information contained in this post was provided by the American Academy of Estate Planning Attorneys. … [Read more...] about “What to Expect When You Receive an Inheritance” (Audio) YOUR ESTATE MATTERS

Filed Under: Estate Administration, Estate Planning, Income Tax, Taxes Tagged With: Disclaimer, Inheritance Planning

“What To Expect When You Are Inheriting”

January 17, 2014 by Sinclair Prosser Gasior

  Who hasn’t daydreamed about what they’d do with an inheritance? We imagine a sudden windfall from a long-lost relative and think about the new car we’d buy, the long vacation we’d take, or the beautiful new home we’d move into. In reality, inheriting money can be a little more complicated, and it can give rise to unanticipated questions and concerns. Here are answers to four common concerns … [Read more...] about “What To Expect When You Are Inheriting”

Filed Under: Estate Administration, Estate Planning, Estate Tax, Income Tax, Taxes, Trustee Tagged With: American Academy of Estate Planning Attorneys, American Academy of Estate Planning Attorneys http/www.aaepa.com, Disclaimer, Estate Planning Attorney, Estate Taxes, Executor, Inheritance Planning, Inheritance Tax

Listen to “Your Estate Matters” tomorrow morning (Tuesday) @ 8:50 a.m. on WNAV Radio

January 13, 2014 by Sinclair Prosser Gasior

   Make sure to tune in to WNAV Radio on 1430 AM or 99.9 FM on Tuesday mornings at 8:50 a.m.  for YOUR ESTATE MATTERS! The attorneys  of Sinclair Prosser Gasior relate cutting edge estate planning information to keep you up to date.  The topic tomorrow is "What to Expect When You Are Inheriting" by Attorney Nicole Livingston … [Read more...] about Listen to “Your Estate Matters” tomorrow morning (Tuesday) @ 8:50 a.m. on WNAV Radio

Filed Under: Capital Gains, Estate Administration, Estate Planning, Estate Tax, Gift Tax, Income Tax, Individual Retirement Accounts (IRAs), Trustee Tagged With: Asset Protection, Disclaimer, Estate Taxes, Executor, Inheritance Planning, Inheritance Tax, WNAV Radio http://www.wnav.com

YOUR ESTATE MATTERS – Audio

October 3, 2013 by Sinclair Prosser Gasior

"Five Things Every Woman Should Know About Estate Planning" by Attorney Nicole Livingston … [Read more...] about YOUR ESTATE MATTERS – Audio

Filed Under: Beneficiary Designations, Divorce Protection, Estate Administration, Estate Planning, Estate Tax, Healthcare Directives, Income Tax, Living Trusts, Planning for Minor Children, Probate, Probate avoidance Tagged With: Guardianship, Incapacity Planning, Inheritance Planning, Living Wills, Medical Directive, Powers of Attorney, Revocable Living Trust, Special Needs Planning

Obamacare at a Glance

February 8, 2013 by Sinclair Prosser Gasior

As many of you are aware, on March 23, 2010, the Patient Protection and Affordable Care Act, was signed by the President.  This is also known as Obamacare.  Although, constitutionally questioned, the Supreme Court upheld the Act in the most part and many of its provisions will go into effect in 2013.  The purpose of the Act was to expand insurance coverage to near universal and this is to be done … [Read more...] about Obamacare at a Glance

Filed Under: Income Tax, Taxes, Trusts Tagged With: Charitible Remainder Trust, Flexible Spending Accounts, Healthcare, HSA Accounts, Investment Income surtax, Medicare, Medicare Earnings Tax, Obamacare

2013 Estate, Gift and Capital Gains Tax Changes

January 10, 2013 by Sinclair Prosser Gasior

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

Filed Under: Capital Gains, Estate Administration, Estate Planning, Estate Tax, Gift Tax, Income Tax, Tax exemption, Taxes Tagged With: Estate Taxes, Gifting, Inheritance Planning

We Dodged the Fiscal Cliff – How the New Tax Bill Affects You

January 8, 2013 by Sinclair Prosser Gasior

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

Filed Under: Estate Planning, Estate Tax, Gift Tax, Income Tax, Tax exemption, Tax Relief, Taxes, TRA 2010, Trusts Tagged With: Estate Taxes, Gifting

Business Succession Planning

December 19, 2012 by Sinclair Prosser Gasior

   Krispy Kreme and Wal-Mart have a lot in common.  Die-hard fans line up in front of their locked doors the night before grand openings, licking their lips for a puffed up glazed doughnut or a bargain that can set the neighbors talking over the fences.  But what do these two incredibly successful businesses and the families that started them have that sets them apart? Sam Walton, founder of … [Read more...] about Business Succession Planning

Filed Under: Advanced Estate Planning, Business Succession Planning, Buy-Sell Agreement, Estate Tax, Income Tax, Life Insurance, Taxes Tagged With: Asset Protection, Estate Taxes, Inheritance Planning

Your Estate Matters – Audio

December 18, 2012 by Sinclair Prosser Gasior

    "Business Succession Planning" by Attorney Colleen Sinclair Prosser … [Read more...] about Your Estate Matters – Audio

Filed Under: Business Succession Planning, Buy-Sell Agreement, Estate Planning, Estate Tax, Income Tax, Life Insurance, Tax Relief, Taxes Tagged With: Asset Protection, Estate Taxes

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5 Stars

We initiated estate planning following a presentation by Sinclair Prosser Attorney Jon Gasior. We were so impressed, we contracted with them to complete our estate planning. Subsequently, we assembled information on our assets and Sinclair Prosser Gasior did the rest. Correspondence was communicated to our financial institutions and the estate was established. We were very pleased with the courteous manner of the Sinclair Prosser Gasior staff. However, it was their professionalism that made us satisfied we chose this firm to handle our estate. We have nothing but praise for Sinclair Prosser Gasior .

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