by Arthur Geffen | Apr 4, 2020 | Estate Planning, Wills
The coronavirus is causing major economic impacts as can be seen with the declining stock market. This adverse impact and the uncertain prospects for the future are a source of concern and worry for us all. However, this set of unfortunate circumstances has...
by Arthur Geffen | Mar 16, 2020 | Estate Planning, Estate Planning Solutions
With a new decade upon us and some significant changes to our tax code, there are a number of advanced estate planning strategies that can minimize income and estate taxes and provide asset protection. Leaving a legacy A family Limited Liability Company (or LLC) is...
by Arthur Geffen | Feb 12, 2020 | Estate Planning, IRA
If you have a substantial IRA or 401(k), your estate planning may be obsolete due to the new SECURE Act. The Setting Every Community Up for Retirement Enhancement Act (SECURE Act), signed into law on December 20, 2019, drastically changes the rules for...
by Arthur Geffen | Jan 8, 2020 | Business Organizations, Estate Planning, Estate Planning Solutions
Any family business, however successful, will reach a day when ownership must change hands. A plan of succession for ownership of business interests ensures that the business will continue to operate with a minimum of disruption and can also provide tax...
by Arthur Geffen | Aug 1, 2019 | Estate Planning, Estate Planning Solutions
Estate planning has always included much more than simply strategizing about how to minimize estate taxes. Estate planning is needed to address a multitude of other nontax matters,including: Custody of minor children upon the death of their parents, as well as...
by Arthur Geffen | Jul 15, 2019 | Estate Planning, Estate Planning Solutions, Income Tax
One of the perils of being well-off is the constant risk that the federal government and/or your friendly state and local tax collectors will figure out new and different ways to snatch more of your wealth. Especially wealth that you earned the old-fashioned...
