New (Good) Estate and Gift Tax News - Just Not the News You Were Expecting

The IRS announced last week, in a visually stunning and well written Revenue Procedure (that is sarcasm) some good news for estate and gift taxes. They announced the 2018 inflation adjusted amounts for the annual exclusion gift, the estate and gift t… Read More
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Categories: Estate Tax, Gifts, News, Taxes

Top Ten (okay Top Twelve) Reasons People Procrastinate and Don’t Do Their Estate Planning

This recent article from Fox Business News caught my eye with a great headline: The Sad State of Estate Planning: Why Only 34{93997c19cca2413204031df21c26e128a46aabe0f65d6d1b886d87d0d40a7681} Have a Will in Place The salient statistic is the results… Read More
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Categories: Estate Planning

That Time of Year Again - Remember Off to College Estate Planning

Several times this year I have written about the importance of getting your adult (yes that means 18 and graduated from high school) kids to do some estate planning of their own. We even created a questionnaire just for the college student. Why is th… Read More
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IRS Summertime Reading

The Internal Revenue Service likes to kick back, relax and do some reading in the summer, just like the rest of us. Granted, their idea of summertime reading may be a little different then ours. Here is the latest in the IRS series of Summertime Tax… Read More
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Categories: IRS, News, Taxes

Choosing Your People - Have You Chosen Wisely

Today on For Your Benefit with Bob Leins, the NITP weekly radio show dedicated to all things for the Federal employee, Bob and I spoke about choosing the people to name in your “documents,” be it the Agent under your Power of Attorney, th… Read More
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Categories: Estate Planning, News

Legal Documents for New Adults - What Do Your Grown Up Kids Need?

I talked about about this in my January 5, 2015 blog, Off To College Estate Planning, but a new article on Wealth Management’s website, What Documents Do Your Clients’ 18-Year-Old Children Need?, May 26, 2015, by David H. Lenok, summarizes th… Read More
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Categories: News

Elder Justice Website Launched

We recently added a new link to our “Resources” page, helping people quickly access the Elder Justice Initiative Website. That is because recently the United States Department of Justice launched the Elder Justice Website, a significant p… Read More
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National Healthcare Decisions Day Is Here!

In this world nothing can be said to be certain, except death and taxes. Benjamin Franklin April 15 is, of course, tax day. That is where part of Benjamin Franklin’s favorite quote comes into play. But April 16 may play a part as well, as it is… Read More
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IRS Tips on Gift Taxes

As the April 15 deadline approaches for income tax return filing, IRS is coming out with many reminder regarding what you are required to file. One area that often causes confusion is gift taxes. As we discussed previously, the gift giving rules can… Read More
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Categories: Estate Planning, Gifts, IRS, Taxes

Federal News Radio - This Morning We Will Be Talking About Estate Planning For Young Families

Come join me, and Bob Leins from NITP, this morning on the NITP show, For Your Benefit on WFED, Federal News Radio, to talk about issues related to estate planning for younger families. We will be talking about trusts for your children and the basic… Read More
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