by Arthur Geffen | Mar 30, 2020 | Tax
The Treasury Department and the Internal Revenue Service today announced that distribution of economic impact payments will begin in the next three weeks and will be distributed automatically, with no action required for most people. However, some seniors and others...
by Arthur Geffen | Mar 18, 2020 | Misc
White House officials are working with congressional Republicans on an emergency stimulus package that could send two $1,000 checks to many Americans and also devote $300 billion towards helping small businesses avoid mass layoffs, according to two senior...
by Arthur Geffen | Mar 17, 2020 | Dallas Probate Lawyer
As the coronavirus threatens to push the global economy into recession, the Trump administration is rolling out an unusual idea: handing out free money. Secretary Steven Mnuchin on Tuesday proposed mailing out checks of up to $1,000 to American adults to quickly pump...
by Arthur Geffen | Mar 16, 2020 | Estate Planning, Estate Planning Solutions
With a new decade upon us and some significant changes to our tax code, there are a number of advanced estate planning strategies that can minimize income and estate taxes and provide asset protection. Leaving a legacy A family Limited Liability Company (or LLC) is...
by Arthur Geffen | Mar 12, 2020 | Life Insurance
Generally the beneficiary of a life insurance policy receives the death benefit proceeds free of tax. However, any interest you might receive on those proceeds would be taxable. This situation might occur if the proceeds are paid into an interest-bearing...
