by Arthur Geffen | Nov 13, 2013 | Estate Planning, Estate Planning Solutions
Creating an estate plan is a lot like getting into better shape. We all know we should do it, but most of us never make the first move because the task seems daunting. You will have to look elsewhere for a diet and exercise plan. But if you need an estate plan,...
by Arthur Geffen | Nov 11, 2013 | Dallas Probate Lawyer
For some, estate planning can be quite a confusing topic. The confusing nature of estate planning is often compounded by various estate planning myths that people hear from friends or family members who are not knowledgeable about estate planning law. Below are...
by Arthur Geffen | Nov 11, 2013 | Income Tax
A bipartisan bill introduced in the Senate on November 5 that would simplify and standardize state income tax collection for employees who travel across state lines for temporary work assignments has received support from more than 250 organizations and...
by Arthur Geffen | Nov 1, 2013 | Annual Exclusion, Gift Tax, Gifts
As many estate planners anticipated, the Internal Revenue Service has raised the limit on tax-free transfers during life or at death. Starting in 2014 that amount, known as the basic exclusion, will go up to $5.34 million per person, from $5.25 million this...
by Arthur Geffen | Oct 31, 2013 | Dallas Probate Lawyer
The tax items for tax year 2014 of greatest interest to most taxpayers include the following dollar amounts. • The tax rate of 39.6 percent affects singles whose income exceeds $406,750 ($457,600 for married taxpayers filing a joint return), up from $400,000 and...
