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Estate Planning Tools for Your Baby’s College

November 21, 2017 Posted In Estate Planning,Estate Taxes,Guardianships & Conservatorships,Powers of Attorney,Trusts

Remember when your baby was just an infant and you thought he/or she would break like dropped china or porcelain? And then you saw them run right into a glass door and bounce off like a rubber ball and bounce back for more. It was probably back then that you first gave some forethought into…

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IRS Reveals 2017 Estate and Gift Tax Limits

December 30, 2016 Posted In Estate Planning,Estate Taxes,Firm News

The Internal Revenue Service (IRS) has announced the federal estate and gift tax limits for 2017, based on inflation. IRS Reveals 2017 Estate and Gift Tax Limits Here’s the breakdown of some of the most significant changes put in place for the coming year: Estate and gift tax exemptions for individuals are set at $5.49 million.…

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Trusts & Taxes: FAQs about Tax Obligations for Trusts & Trustees

July 15, 2016 Posted In Estate Taxes,Trust Administration,Trusts

Trusts & Taxes: FAQs Taxation for trusts can be complicated, as there are special rules in place for filing and paying for trust-related taxes (as opposed to personal or business taxes). Understanding the obligations and requirements for the taxes related to trusts is important to properly managing and administering trusts and to avoiding future complications,…

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