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Tag: Estate Tax

Potential Problems with Beneficiary Designations

Posted on December 9, 2019 | by Tom

Many people use beneficiary designations, and for good reason. Some significant assets, including life insurance policies, IRAs, retirement plans and even bank accounts, allow a beneficiary to be named. It’s free, it’s easy, and, when the owner dies, these assets are designed to be Continue reading →

Posted in Estate Planning | Tagged Estate Tax

10 Things To Do Before the End of This Year

Posted on November 15, 2012 | by Tom

The end of the year will be here before we know it. But there is still time to meet some major estate planning goals. Here are ten things to do before the end of 2012.

1. Have your estate planning done. Set the end of the year as your deadline to finally get this completed. If you Continue reading →

Posted in Estate Planning | Tagged Children, Estate Tax, Gift Tax, Health Care, Life Insurance

Get Ready for These Five New Taxes on January 1, 2013

Posted on October 1, 2012 | by Tom
Now that the health care law has been declared constitutional, several significant provisions will become effective on January 1, 2013.

Tax #1: 3.8% Surtax on Investment Income

This new tax will be levied on net investment income if modified adjusted gross income is more than the ‘threshold Continue reading →
Posted in Estate Planning | Tagged Estate Tax

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