by Arthur Geffen | Feb 8, 2011 | Estate Planning Solutions
Checklist for Digital Assets Identify your “digital assets”. What online accounts and information do you have stored online. Which ones are important to you or your family and friends? What do you want to happen to each of these assets after your death?...
by Arthur Geffen | Jan 3, 2011 | Estate Planning Solutions
Income Tax Provisions of the 2010 Tax Act In addition to the important estate and gift tax provisions of the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 (the “2010 Tax Act”), the Act also includes numerous...
by Arthur Geffen | Jan 3, 2011 | Estate Planning, Estate Planning Solutions
Until recently lawyers routinely cautioned their clients that the estate tax exemption is something that belongs to each of us personally and can’t be shared. That meant spouses risked losing one of their tax-free opportunities by leaving everything to...
by Arthur Geffen | Dec 28, 2010 | Estate Planning, Estate Planning Solutions
With an AB trust, the assets in an estate of, say, $4 million would be divided half and half between A and B spouses, thus doubling up on the exclusion. However, the creators of the AB Trust had to pay a price in the form of an income tax. That, says Klueger,...
by Arthur Geffen | Dec 23, 2010 | Estate Planning Solutions
Arthur H. Geffen A Professional Corporation Attorney & Counselor at Law 1620 East Beltline Road Carrollton, Texas 75006 972-242-8887 972-446-7976(fax) www.dallasestateattorney.com Email: ageffen@airmail.net Tax Relief...
by Arthur Geffen | Dec 23, 2010 | Estate Planning, Estate Planning Solutions
The sweeping tax overhaul that President Obama signed Dec. 17, raising the exemption from federal estate tax to $5 million a person, includes a wonderful new break for widows and widowers. Starting in 2011, they can add the unused estate tax exemption of the...
