by Arthur Geffen | Apr 30, 2019 | Estate Planning, Estate Planning Solutions, Estate Tax, Income Tax
Less estate tax planning may be better for longer-living richThanks to longer retirement horizons, rich households may benefit from doing less tax-related estate planning, experts told Bloomberg. “People used to do a lot of wealth transfer planning when they...
by Arthur Geffen | Oct 29, 2018 | Estate Attorney, Estate Lawyer, Estate Planning, Estate Planning Solutions, Estate Tax
Death and taxes may be unavoidable. Taken together, they become a firestorm. The federal estate tax has been a hot-button issue since it was first imposed under the Revenue Act of 1916, when 10 percent was levied on portions of an estate exceeding $5 million....
by Arthur Geffen | Sep 5, 2018 | Estate Planning, Estate Planning Solutions, Intestacy
The vast majority of folks are no longer exposed to the federal estate tax, thanks to today’s ultra-generous $11.18 million exemption for singles or effectively $22.36 million for married couples. Great! But being exempt from the federal estate tax is not the...
by Arthur Geffen | May 9, 2018 | Estate Planning, Estate Planning Solutions, Estate Tax
The major change to estate and gift taxes in the Tax Cuts and Jobs Act of 2017 is a doubling of the integrated estate and gift tax exemption to approximately $11.2 million1 for decedents dying and gifts made in 2018. A married couple has the benefit of two...
by Arthur Geffen | Apr 11, 2018 | Estate Planning, Estate Planning Solutions, Estate Tax
Attorneys, accountants point to family conflict as the biggest threat to estate planning. Tax reform and market volatility follow, respectively. Even with the estate tax exemption at $11.2 million per person, business owners and wealthy families need to head...
by Arthur Geffen | Mar 28, 2018 | Dallas Estate Lawyer, Dallas Probate Lawyer, Estate Planning, Estate Planning Solutions
CHERRY HILL, N.J. and NEW YORK, March 28, 2018 /PRNewswire/ — Estate planners and advisors have a surprising second job: family therapist. In fact, 44 percent of planning professionals identified family conflict as the biggest threat to estate planning...
