by Arthur Geffen | Mar 15, 2023 | Estate Planning, Estate Planning Solutions, Estate Tax, Wealth Planning
A bear market in stocks may be painful, but it can create the right circumstances for estate planning. Last year, U.S. stocks reached bear market territory, which is defined as a drop of 20% in value from recent record highs. The markets aren’t out of the woods just...
by Arthur Geffen | May 4, 2022 | Estate Planning, Estate Planning Solutions, Estate Tax
Recently issued proposed clawback regulations (Proposed Treasury Regulations Section 20.2010-1(c)(3)), (the proposed regs) may undermine the planning your clients completed over the past few years to address the coming reduction in the estate tax exemption or the then...
by Arthur Geffen | Dec 9, 2021 | Estate Planning, Estate Planning Solutions, Estate Tax
Rising ExemptionsThe lifetime gift and estate tax exemption is rising to $11.85 million next year, said Cain, but there is a lot of speculation that Congress will act to cut the exemption, and in any case, the current law will cut it by nearly half at the end of 2025....
by Arthur Geffen | Oct 6, 2021 | Estate Planning, Estate Planning Solutions, Estate Tax
Last month, the House Ways & Means Committee (the “Committee”) approved draft legislation (the “Legislation”) as part of Congress’ ongoing $3.5 trillion budget reconciliation process. The Legislation includes significant tax proposals that, if...
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 | 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...
