by Arthur Geffen | Dec 20, 2019 | Dallas Probate Lawyer
Though 2020 is rapidly approaching, there is still time to mitigate tax liability for 2019. Below are some strategies and tax tips to consider before the ball drops in Times Square. In addition, the Internal Revenue Service (“IRS”) has released...
by Arthur Geffen | Oct 15, 2019 | Estate Tax, Insurance
A judge said he remains unsure how to rule following a four-day trial in which the IRS accused a taxpayer of using life insurance policies to avoid estate taxes. “I look forward to your briefs because for me this is going to be a hard case,” said U.S. Tax Court...
by Arthur Geffen | Aug 30, 2019 | courts
A federal appeals panel has ruled that a system of criminal fines and fees in the New Orleans criminal court was unconstitutional because the money is used to support a general fund overseen by the court’s judges. The New Orleans-based 5th U.S. Circuit Court of...
by Arthur Geffen | Aug 1, 2019 | Estate Planning, Estate Planning Solutions
Estate planning has always included much more than simply strategizing about how to minimize estate taxes. Estate planning is needed to address a multitude of other nontax matters,including: Custody of minor children upon the death of their parents, as well as...
by Arthur Geffen | Jul 24, 2019 | Estate Tax
Current TCJA Gift and Estate Tax Laws Under the TCJA law, effective January 1, 2018, each person is granted an exemption of $11.18 million from payment of U.S. gift tax and, to the extent not applied toward gift tax, U.S. estate tax. This exemption effectively...
