Wills, Trusts & Estates Newsletter - November 2013

In This Issue:

- 1031 Exchanges with a Twist

- Firearms in Estate Planning

- Estate Administration 101: What You Need to Know to Effectively Administer an Estate Qualifying as Executor

- Excerpt from 1030 Exchanges with a Twist:

Now that the recession appears to be fading into memory, Section 1031 Exchanges are on the rise. Section 1031 of the Federal Tax Code allows property owners to defer taxes by exchanging the sale property into one or more other real properties. Because the 1031 Exchange has a short time period in which to identify the replacement property (or properties) – 45 days – investors have often found themselves in a quandary in finding replacement property that meets their investment criteria...

Please see full newsletter below for more information.

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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.

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