by Arthur Geffen | May 29, 2012 | Estate Planning, Estate Planning Solutions, Estate Tax
Thomas Jefferson said: “There is…an artificial aristocracy founded on wealth and birth, without either virtue or talents…. The artificial aristocracy is a mischievous ingredient in government, and provisions should be made to prevent its...
by Arthur Geffen | Apr 30, 2012 | Estate Tax, Gift Tax, Income Tax, Tax, Tax Planning
Congress has invented a new extreme sport: Skating on the edge of a $7 trillion fiscal cliff. That’s the magnitude of tax increases and spending cuts that will start to hit the economy on Jan. 1, 2013, unless Congress acts. And how Congress navigates that...
by Arthur Geffen | Apr 13, 2012 | Estate Tax, Income Tax, IRA
Inherited individual retirement accounts made news earlier this year when the Senate Finance Committee proposed to make heirs empty them within five years of the benefactor’s death. The measure, which was abandoned shortly thereafter, would have upended a...
by Arthur Geffen | Feb 17, 2012 | Estate Tax
The Internal Revenue Service today issued guidance that allows certain estates of married individuals who died during the first six months of 2011 an extension of the deadline to make the portability election. The portability election passes along a decedent’s unused...
by Arthur Geffen | Jan 26, 2012 | Estate Tax
Where not to die in 2012 Changes in estate and inheritance taxes at the state level will make it better — or worse — for families in the year ahead. Where not to die in 2012- MSN Money
by Arthur Geffen | Jan 18, 2012 | Estate Planning Solutions, Estate Tax
The 2010 tax law gives married couples a wonderful new tax break. Depending on whom you talk to, it could be a gold mine or a loss leader for lawyers. Here’s what I mean: Until the end of this year — and longer than that if Congress makes the current law...
