Wills, Trusts, & Estate Planning – May 24, 2012

by Partridge Snow & Hahn LLP on 5/23/2012

In 2012, each individual is allowed to give away during his or her lifetime up to $5,120,000 without any federal gift or estate taxes due to the historically high exemption for federal transfer tax purposes. The same...more

by Chandra Lantz on 5/17/2012

Generous gift and generation-skipping tax exemptions will expire on December 31, 2012. Now is the time to review your estate plan and consider making gifts that may carry significantly higher tax consequences in the years to...more

by Sanford Millar on 5/14/2012

Foreign Asset Disclosure and the Voluntary Program. This is the program that anybody with clients who have assets off shore should be aware of. Why? Because it's an opportunity for your clients to come forward and...more

by Akerman Senterfitt on 5/14/2012

Due to the ever changing and broadly applied federal estate tax laws, families can face dire and catastrophic consequences, such as a forced-sale of assets at less than optimal values, even with extensive advance planning....more

by Charles (Chuck) Rubin on 5/14/2012

For those of you with a great memory, you will remember that in December 2009 we wrote about the case of Morgens v. Commissioner. For those with a more typical memory, you can read the original post on the case here. In...more

by Jaburg Wilk on 5/9/2012

As higher education costs continue to escalate, parents or grandparents may look to different savings vehicles for their children’s college fund. The IRS, under section 529, provides parents with the opportunity for a higher...more

by Katten Muchin Rosenman LLP on 5/8/2012

In this presentation: - Planning in an uncertain tax climate - Planning in uncertain economic times - Navigating the new reporting requirements with respect to foreign investments - Charitable giving...more

by James McDonough on 5/4/2012

Taxpayer Wins Court Approval of Defined Value Gift Clause By James F. McDonough, Jr. on May 4th, 2012 Perhaps no recent taxpayer victory is more important to estate and gift tax planning than the case of Wandry v....more