by Arthur Geffen | Jul 31, 2013 | Estate Planning, Estate Planning Solutions, Estate Tax, Retirement Planning
When crafting their estate plans, some people neglect to pay much attention to how best handle their retirement accounts. And that lack of attention to detail can create potential problems–such as higher estate and income taxes–for their heirs. Many...
by Arthur Geffen | Jul 29, 2013 | Estate Attorney, Estate Lawyer, Estate Planning, Estate Planning Solutions, Estate Tax
Reduced home values and low interest rates work in your favor when it comes to two strategies that could save your heirs a bundle on estate taxes. As part of the American Taxpayer Relief Act passed in January, Congress has permanently set the federal estate tax...
by Arthur Geffen | Jul 22, 2013 | Estate Planning, Estate Planning Solutions, Estate Tax
In Mr. Gandolfini’s case, the most common tag-line is that his will is a tax disaster. Here is Gandolfini’s will. Many say it dispenses his $70M estate in a clumsy and ill-advised way that lops off $30M first for the IRS. The stories should make any tax man go...
by Arthur Geffen | Jul 9, 2013 | Estate Planning, Estate Planning Solutions, Estate Tax
James Gandolfini’s unexpected death last month in Italy is back in the news, this time because a large portion of the actor’s $70 million estate reportedly will be subject to the federal estate tax. The will left by Gandolfini, best known as the...
by Arthur Geffen | Jun 24, 2013 | Estate Planning, Estate Planning Solutions, Life Insurance
With another tax season behind us, it’s a good time to consider something that can offer a long-term tax benefit to you and your family: life insurance. If you are fortunate enough to receive some money from a refund this year, rather than buying that big flat...
by Arthur Geffen | May 10, 2013 | Estate Attorney, Estate Lawyer, Estate Planning, Estate Planning Solutions
When was the last time you looked at your will? If you can’t remember, it is time for a review. Having outdated legal documents, such as a will or power of attorney, can wreak havoc on your health and your family’s wealth. Indeed, people too often take a...
