How should families fortunate enough to own valuable collections deal with their art or other objects in their estate plans? Here are some thoughts.
Posts Categorized: Current Affairs
Tax Court Upholds Formula Gifts
Chalk one up for the taxpayers!
Facebook Founders Find Estate Planning Fix
Mark Zuckerberg and Dustin Moskovitz, the co-founders of Facebook and two of the world’s youngest billionaires, may seem too young to be thinking about estate planning. But in 2008, when they were both 24, they used an estate planning tool that is more familiar to people two or three times their age.
Best Picture Nominee “The Descendants” is Full of Estate Planning Nuggets
“The Descendants” is entertaining on many levels, and it rightly deserves its Best Picture nomination.
How to Succeed in the USA? Think Like an Immigrant
“Unless we learn to expand the boundaries of our field of vision and opportunity, we will not see enough opportunity to maximize our harvest. Better by far to emulate the immigrant and see more widely, and seize opportunity wherever we find it.” Glenn Llopis
Ongoing Estate Tax Uncertainty
The future of the federal estate tax is in the hands of the voters this November. A lot depends on the makeup of Congress come 2013. Here are some probable scenarios of how the current uncertainty will play out.
ANSWERS TO FREQUENTLY ASKED QUESTIONS ABOUT ESTATE PLANNING
This article answers some of the most frequently asked questions about estate planning.
Asset Preservation Requires Proper Planning
Many people faced with mounting pressure from creditors are looking for ways to protect their assets. Once you are in financial trouble, it may be too late. Proper asset preservation planning must be done and implemented before the storm clouds gather.
Whistleblower Lawsuit Alleges that Hospice Fraudulently Used as Profit Center
A national hospice company improperly cycled patients through nursing homes and hospice with a goal of making as much profit as possible from Medicare, according to a whistleblower lawsuit announced in early January.
Fourth Quarter 2011 Tax Developments
There were a number of important tax developments in the fourth quarter of 2011. Be sure to consult your trusted tax advisors if any of these apply to you.