Insight on Estate Planning - Year End 2012

Adler Pollock & Sheehan P.C.
Contact

In This Issue:

- The spousal lifetime access trust: A safety net in uncertain times

- Be prepared for a triggering event: If you own interests in a closely held business, consider a buy-sell agreement

- Is your IRA safe from creditors?

- Estate Planning Pitfall: You’re unsure whether you need to file a 2012 gift tax return

- Excerpt from The Spousal lifetime access trust:

If you’re married and looking for a last minute strategy to take advantage of the $5.12 million federal gift and estate tax exemption, consider a spousal lifetime access trust (SLAT). Uncertainty about the future of the federal estate tax regime makes setting up a SLAT in 2012 particularly useful. But regardless of what happens to the exemption, the SLAT can continue to be a valuable tool for removing significant wealth from your estate while providing a safety net in the event your financial circumstances change.

Please see full publication below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Adler Pollock & Sheehan P.C. | Attorney Advertising

Written by:

Adler Pollock & Sheehan P.C.
Contact
more
less

Adler Pollock & Sheehan P.C. on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide