by Arthur Geffen | Aug 10, 2021 | Estate Attorney, Estate Lawyer, Estate Planning, Estate Planning Solutions, Estate Tax
Despite the pandemic, many Gen Z’ers are graduating from college and setting their course for success. This is a generation of young people who know what they want out of life and have the financial literacy tools – from podcasts to online platforms – to save for...
by Arthur Geffen | Aug 5, 2021 | Domicile, Estate Planning
After 2004, the State of Florida no longer imposes a state level estate tax. This is in sharp contrast to many other states that impose their own level of estate tax, which is in addition to the federal estate tax. If you have moved to Florida from another state and...
by Arthur Geffen | Jul 20, 2021 | Estate Lawyer, Estate Planning, Estate Planning Solutions, Estate Tax
The inauguration festivities have wrapped up and Joseph R. Biden Jr. is the 46th president of the United States. Democrats now control both the House and the Senate but what’s next? Sweeping tax changes have been widely discussed but it is still too soon to know what...
by Arthur Geffen | Nov 23, 2020 | Estate Planning, Estate Planning Solutions, IDGT
High-net-worth clients recognize that they need to be prepared for sudden changes in tax laws and market valuations. But in the face of political uncertainty and market volatility, it may be difficult to choose which assets to transfer into trust, or determine fair...
by Arthur Geffen | Nov 12, 2020 | Estate Lawyer, Estate Planning, Estate Planning Solutions, tr, Trusts
Spousal lifetime access trust, or SLAT, planning can provide powerful estate and tax planning opportunities – and perhaps one of the most popular techniques for married couples for the foreseeable future given the possible changes in the law post-election and to help...
by Arthur Geffen | Nov 11, 2020 | Estate Planning, Estate Planning Solutions
Before the presidential election, many wealthy taxpayers were worried that a “blue wave” would mean a reduction of their $11.58 million estate, gift, and generation-skipping transfer tax exemptions. That’s because the Democrats were expected to propose lowering those...
