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McNees Wallace & Nurick LLC: 2012 Tax Act

By McNees Asset Planning and Federal Taxation Group The American Taxpayer Relief Act of 2012 (the "Act") was signed into law on January 1, 2013 to avert the tax law changes that were one part of the "fiscal cliff" facing our country's economy (the other part being automatic...

McNees Wallace & Nurick LLC Insights: Estate Planning

ASSET PROTECTION STRATEGIES by David M. Watts, Jr. Durng the estate planning process a question we are frequently asked relates to the best way to protect assets from creditors. The easy answer, although not the most satisfactory, is to give the assets in question away, before any claims arise...