by Arthur Geffen | Jun 22, 2012 | Gift Tax, Gifts
TIME IS RUNNING OUT TIME may — or may not — be running out for one of the biggest tax breaks for wealthy Americans: the chance to give up to $5.12 million to heirs tax-free and then pay a comparatively low 35 percent rate on any gift above that. The break is scheduled...
by Arthur Geffen | Jan 18, 2012 | Estate Planning Solutions, Estate Tax
The 2010 tax law gives married couples a wonderful new tax break. Depending on whom you talk to, it could be a gold mine or a loss leader for lawyers. Here’s what I mean: Until the end of this year — and longer than that if Congress makes the current law...