Estate and Elder Law

Recent Posts

Obama's 2013 Revenue Proposals
Posted on 14 Feb 2012 by Gregory Herman-Giddens

The White House has issued its 2013 fiscal year revenue proposals , with estate and gift tax changes consistent with administration's earlier stance on those rules. Beginning next year, the estate tax exemption would decrease to $3.5 million and the... Read More

Foreigners Using U.S. Gift Tax Exemption to Their Benefit
Posted on 15 Jul 2011 by David Goldman

In a recent online edition of Private Wealth , Beth Tractenberg and Kathryn von Matthiessen discuss the nexus between people from a foreign nation living in the U.S. and the current Gift Tax exemption. The authors first break down the difference between... Read More

Better file that 709
Posted on 21 Jul 2011 by karplaw

Making gifts can be a useful tool in your estate planning toolbox. I often talk with clients about how gifting can fit into probate avoidance strategies , minimize estate taxes , or even hasten eligibility for Medicaid benefits . Under current federal... Read More

Foreigners Using U.S. Gift Tax Exemption to Their Benefit
Posted on 15 Jul 2011 by David Goldman

In a recent online edition of Private Wealth , Beth Tractenberg and Kathryn von Matthiessen discuss the nexus between people from a foreign nation living in the U.S. and the current Gift Tax exemption. The authors first break down the difference... Read More

Better file that 709
Posted on 21 Jul 2011 by karplaw

Making gifts can be a useful tool in your estate planning toolbox. I often talk with clients about how gifting can fit into probate avoidance strategies , minimize estate taxes , or even hasten eligibility for Medicaid benefits . Under current federal... Read More

Power to Substitute & End of Year Planning
Posted on 4 Oct 2012 by David R. Schoenhaar

By: David R. Schoenhaar, Esq.* If you are currently planning for clients to use the historically high gift tax exemption amount before the end of the year, you are becoming acutely aware that time is running out. Whether it is the appraisal companies... Read More

Gifting in 2011
Posted on 4 Jan 2011 by David R. Schoenhaar

The legislation signed by President Obama on December 17, 2010 extending the Bush tax cuts includes provisions that significantly change the Federal estate, gift and generation-skipping transfer ("GST") tax regimes. Specifically, the new... Read More