Trusts And Estates
10.06.20
08.31.20
What exactly is a trust? Do I need a trust? What kinds of trusts are there? How are trusts administered?
Category Trusts And Estates
08.27.20
Planning for a potential change in the White House and Congress
Any election year has financial implications and 2020 may have more than usual due to COVID-19 and the situation we have in the U.S.
Category Trusts And Estates
08.20.20
Individual Taxpayer Identification Numbers expiring December...
ITINs, which do expire, are used by persons who are required to make U.S. tax filings and payments but are not eligible for Social Security numbers. The IRS just issued information on ITINs that are expired or will expire on December 31, 2020
Category Trusts And Estates
07.24.20
The power of an Intentionally Defective Grantor Trust
Adding an intentionally defective grantor trust to your estate plan can save on estate taxes.
Category Trusts And Estates
07.22.20
Historically low interest rates yield tax saving opportunities
The current interest rate environment has sparked an unprecedented opportunity to maximize wealth planning strategies. With that said, this bang for your buck may not be around for long.
Category Trusts And Estates
06.29.20
Receive an IRS refund in error. Should you keep it?
What should you do if you receive an erroneous refund from the IRS? The short answer is no, you should not keep it.
Category Trusts And Estates
06.10.20
What is testamentary capacity to make a will?
Testamentary capacity is the mental capacity required to make a valid will or trust, which can be mitigated by fraud, delusional beliefs, or undue influence.
Category Trusts And Estates
06.03.20
Domicile: Why it matters for New York income tax and estate tax...
As more baby boomers move out of New York for better weather and to save on taxes, it is important to understand the domicile rules.
Category Trusts And Estates