Estate/Gift Exemption and Exclusion Rise in 2018
The IRS has announced that the applicable exclusion amount (i.e., lifetime estate tax and gift tax exemption) and the GST lifetime exclusion amount have increased to $5.6 million per individual…
Read MoreKim Walsh-Phillips of IO Creative Group & the 2012 Tax Relief Act this Saturday on Blueprint for Wealth
Please join Wayne Zell this Saturday, at 10am on January 19th, for Blueprint for Wealth on 1500AM and 820AM. Wayne's special guest this week will be Kim Walsh-Phillips an award-winning speaker,…
Read MoreHouse and Senate Pass Fiscal Cliff Relief!
Early on January 1st, 2013, the Senate, by a vote of 89-8, passed H.R.8, the "American Taxpayer Relief Act" (the Act). The House passed the same bill late last night…
Read MorePreview of October Washington Business Journal Article – Perfect Storm for Estate Planning
My October 2011 Washington Business Journal Article Discusses why now is the best time to transfer wealth to kids and grandkids. Continue reading "Perfect Storm for Estate Planning" >>
Read MoreTrade and Investment Activities in the United Kingdom and Charitable Lead Annuity Trusts
Please join Wayne Zell on Saturday, September 3 at 10am for Blueprint for Wealth on 1500AM (820AM), for an interview with Spencer Mahony, Regional Director in the South East United…
Read MorePreview to WBJ Blueprint for Wealth Column! Tax Issues in Divorce
Top Tax Issues in a Divorce Divorce is not a pleasant topic to discuss in any forum, but it is a fact of life in America with 40-50 percent or…
Read MorePresident’s Death Tax Proposals Change Landscape
President Obama introduced his budget proposals on Valentine’s Day, and has dampened the enthusiasm for many changes and opportunities enacted in the Tax Relief Act of 2010 (TRA 2010). (more…)
Read MoreQualified Personal Residence Trusts
In qualified personal residence trust (QPRT), you create an irrevocable trust to hold all or a portion of a principal residence. You direct the trustee to pay you the income…
Read More529 Plans and College Planning
Section 529 Plans have become a common estate planning technique to allow parents and grandparents to fund the education of their children and grandchildren. Parents or grandparents may not wish…
Read MoreMinor’s Trusts
A gift transfer device that combines the non-tax advantages of a trust with the annual gift tax exclusion is referred to as a “§2503(c) trust” or minor’s trust. The minor’s…
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