Blog Posts in Estate Tax

We try to get a feel for the client’s real objectives in setting up a plan at the initial estate planning meeting. This allows us to create a plan that is customized to meet the specific needs and ...

What Is a Hanging 5 x 5 Power? A common term is thrown around in the world of federal Estate and Gift Taxes is “Hanging 5 x 5 Powers” or “Hanging Withdrawal Rights.” This concept exists in trust ...

January 2, 2013 – With the “fiscal cliff” looming, estate planners and tax attorneys were left wondering what to do to take advantage of historically tax-friendly Estate Tax laws. The answer may have ...

A very effective tool in reducing federal Estate Taxes is lifetime gifting. Because large lifetime gifts are added back to a decedent’s taxable estate (generally, all gifts greater than $13,000 in any ...

The Detroit news today has a great article that summarizes the confusion regarding the estate tax. As the article indicates, Congress had “planned” to correct many of these issues when it passed the ...