by Arthur Geffen | Jul 15, 2015 | DSUE, Portability
Since none of us are getting out of this alive, you should absolutely make sure that when your spouse passes, that your lawyer files an estate tax return and elects portability. Now, at this point, an advisor might ask, “Who cares about passing on the exemption if the...
by Arthur Geffen | Jul 13, 2015 | Estate Tax
Whether or not you agree that equality is a core American Value, the following is interesting. Instead, it’s the nation’s richest families with the most to gain from repealing the tax. Just nine families could dodge $25.7 billion in taxes, and perhaps as much as $54.7...
by Arthur Geffen | Jul 10, 2015 | DSUE, Estate Tax, Portability
Administering an estate is never a joyous task, but it is a necessary one. We usually want to get it behind us as quickly as we can in order to move on with life’s business. Yet for reasons known only to itself, the Internal Revenue Service has just added a new...
by Arthur Geffen | Jul 1, 2015 | LGBT, LGBT Issues
TAX PLANNING There will be a tremendous amount of income tax planning that must be analyzed for same-sex married couples in Florida and the 13 states that did not recognize same-sex marriages (Arkansas, Georgia, Kentucky, Louisiana, Mississippi, Massachusetts,...
by Arthur Geffen | Jun 29, 2015 | Dallas Probate Lawyer, LGBT
The ability to file taxes jointly as a married couple (typically, the more a couple’s incomes differ from each other, the more they gain by filing jointly) •The married couple’s state estate tax exemption (where applicable) •The ability to access Social Security...
