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Income from Trust Excluded in Determining Alimony Payments
This month’s Alert examines when the income of a trust may be considered available to creditors. The Alert examines a case involving the availability for purposes of determining alimony.The New …
- Posted on: Dec 30 2011
Fate of Estate and Gift Taxes Remains Uncertain – But, Many Planning Options Remain Available For Now
This month’s Alert examines the continuing uncertainty with the Estate and Gift Tax and the unique, limited-time opportunities which are available now. The Congressional “Super Committee” failed to reach bipartisan …
- Posted on: Nov 30 2011
Wisconsin Appeals Court Holds Assets of Irrevocable Trust are Available for Medicaid Eligibility Purposes
Elder law is an increasingly important area of law for clients. This month’s Alert examines a Wisconsin case concerning an Irrevocable trust which was included as an available asset for …
- Posted on: Oct 31 2011
IRS Issues Instructions for Estate Tax Returns for Decedents Dying in 2011 and 2012
This month’s Alert examines the IRS’ recent release of instructions regarding how to ensure portability of the applicable exclusion amount at the death of the first spouse. Many surviving spouses …
- Posted on: Sep 30 2011
A “Do-It-Yourself” Mystery: The Case of the Neighbor Girl and the Well-Meaning Widow
Clients occasionally attempt do-it-yourself estate planning. Sometimes they use software assistance, borrow from others’ documents, or amend their professionally prepared documents themselves. This month’s Alert looks at one such story …
- Posted on: Aug 31 2011
Failure to Review Estate Plans Periodically Can Lead to Unintended Consequences
The estate tax law is a moving target, both at the federal and state level. This month’s Alert examines a case which illustrates how the changing laws can result in …
- Posted on: Aug 1 2011
2012 Budget Proposal Includes Permanent Estate and Gift Tax Reforms
This month’s Alert examines the Obama Administration’s 2012 budget proposal and how it might affect estate, gift, GST, and income taxes. Further, the Alert looks at how our tax system …
- Posted on: Jun 30 2011
Doing It Yourself Can Sometimes Lead to Disaster
Nowadays, a growing number of consumers attempt to prepare estate planning and other documents of legal significance without professional assistance. These do-it-yourselfers are penny-wise and pound-foolish. This Alert examines several …
- Posted on: May 31 2011
Creditor Protection Extended to Inherited IRAs by More Courts
IRAs and Qualified Plans are an increasing portion of our clients’ wealth. The advantages of the income tax deferral are well-known. This month’s Alert looks at developments regarding the creditor …
- Posted on: Apr 29 2011
Elizabeth Taylor’s Estate Could Exceed $1 Billion – Much of It Could Benefit AIDS Charities
Elizabeth Taylor died recently with a $1 billion estate. This month’s Alert focuses on her estate, her philanthropy, and various advanced estate planning techniques with a charitable component. Read this …
- Posted on: Mar 31 2011