Year-End 2022 Estate Planning
Year-end tax planning for 2022 is different from prior years. Practitioners might recommend traditional annual gift planning but for some (perhaps many) clients, annual gifts may not be worthwhile.
Browsing Tag
Income Tax Planning
Flex Your Beneficiaries: How to Reduce Trust Income Taxes and Maintain Creditor Protection
InterActive Legal, Peak Trust Company, and Shenkman Law invite you to a complimentary webinar on “Flexible Beneficiary Trusts” – a trust design strategy for keeping assets protected from creditors and potential spendthrift beneficiaries…
Flex Your Beneficiaries: How to Reduce Income Taxes and Maintain Creditor Protection
We hesitate to publish this, because as soon as we do, Congress will do a roundoff back handspring with a twist and things will change. However, as of this writing, the versions of the Build Back Better Act passed by the House and…
Single Clients: Planning Considerations
Jonathan G. Blattmachr Esq., Robert S. Keebler CPA, Rebecca Provder Esq. and Martin M. Shenkman Esq.
Too often planning articles and conferences use a “Cleaver family” as the touchstone for planning. The reality is that intact married family units constitute a small percentage of the population. Further, a tremendous percentage of the…
The ABCs of Estate Planning for Retirement Benefits in a Post-SECURE World
Non ILS subscribers can rent this recorded webinar on-demand. The SECURE Act has been part of the estate planning landscape for more than a year, but some planners are understandably still considering how (or if) it impacts their clients.…
GA Runoff Elections Concluded: Anticipated Tax Changes Affecting Estate Planning for This and Future…
The tax world is likely to change (yet again!) and if so, that will have far reaching economic effects. You and your clients need be prepared...not later this year, not later this month, but NOW. Although we cannot know what will be…
Death of a Partner and the New Basis Rules
This article examines the issues (good and bad) related to making an affirmative Code section 754 election to adjust the basis of assets held inside a partnership when a partnership interest is included in a decedent’s estate. The…
Tax Rules You Must Know When Using Trusts (Medicaid Planning or Otherwise)
Creating trusts for estate planning and Medicaid planning is an essential tool for every estate planning and elder law attorney. However, any time a trust is created, there are income tax consequences that could be both unexpected and…
A Disruption in Trust Taxation—Kaestner & Paula Cases Reviewed
Join us for a complimentary in-depth discussion of two recent court opinions of great importance, both of which should be considered in trust planning and in trust administration.
Joint Trusts and Alaska Community Property Trusts
This presentation will cover the use and operation of joint revocable trusts in general, for both taxable and non-taxable estates, and will also examine the Alaska Community Property Trust, and explain why it’s a relatively simple thing to…