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4 Feb 2010, 10:09 am by Hani Sarji
In terms of settling estates, the majority of practitioners plan to put-off estate distributions, file a six month extension of the estate tax return and plan to file returns in 2011. [read post]
19 Apr 2010, 9:53 am by Hani Sarji
Feldman highlights how the repeal of the federal estate tax in 2010 could leave some people worse off: While heirs of the ultra-rich who die this year may enjoy an estate tax break (17,172 taxable estate tax returns were filed in 2008, according to IRS data), this gap year is having an unintended consequence. [read post]
5 Jan 2021, 3:24 am by Rochester Elder Law Staff
We hear this question all the time: “Can’t I just grab a will off the internet, do a transfer-on-death deed for my land, put my kids on my bank account, and be done with my estate plan? [read post]
30 Aug 2022, 6:15 am
Putting off the discussion is risky, even if there is apprehension about getting started. [read post]
16 Sep 2015, 4:06 am by Paul Caron
Wall Street Journal, IRS Raises Red Flag on Real-Estate Spinoffs: Activist investors have been clamoring for companies to spin off real estate and unlock the value hidden in their headquarters, stores and land. [read post]
12 Nov 2016, 10:00 am by Gerry W. Beyer
Her estate claims that the company is trying to profit off Monroe’s fame, confusing customers into thinking the products are officially... [read post]
14 Nov 2016, 6:00 pm by Gerry W. Beyer
His estate fired off a letter to Jay’s team, stating that it had no interest in signing a deal for “Roc... [read post]
12 Jul 2012, 7:11 am by Boyer Law Firm, P.L.
According to Investopedia, there are five simple ways to invest in real estate, which are: Buying rental properties- this is a good source of income once the mortgage is paid off (if applicable) as the rents usually cover the mortgage, taxes and costs of maintaining the property. [read post]
6 Mar 2012, 9:17 am by By MICHAEL J. DE LA MERCED
More than three years after Lehman Brothers filed for bankruptcy, setting off a financial tsunami, the failed firm's estate emerged from Chapter 11 protection on Tuesday, ready to begin paying out creditors. [read post]
22 Oct 2019, 2:00 pm by Gerry W. Beyer
Wilson of the Federal Reserve Bank of San Francisco recently conducted research on the likelihood of wealthy individuals remaining in states with estate tax by the time that they... [read post]
12 Jun 2017, 1:23 pm by cms@nextclient.com
When this economic burden is lifted off of family members, it can make life and relationships easier for everyone. [read post]
1 Feb 2021, 4:00 am by Staff - s.r.
” They think they have some time and can put it off until they are more in the mood. [read post]
2 Jul 2013, 8:13 am
When someone passes away, the basic principles of settling the estate seem straightforward: collect assets, pay off debts, and distribute what is remaining per the deceased's wishes. [read post]
22 Dec 2009, 8:23 pm by DGVE law
Tick tock goes the federal estate tax clock, but in Massachusetts the alarm went off and so many people hit snooze hours ago! [read post]
17 Jul 2014, 1:01 pm
However, if it is planned for in the estate there will be plenty of liquid assets to pay off all debts and still have distributions available for the heirs.Family Issues One of the largest hidden problems for a business owner when drafting an estate plan comes from the family. [read post]
15 Feb 2018, 6:05 am by Kellie McTammany
<div style="padding-top:0px;padding-bottom:0px;margin-top:0px;margin-bottom:35px;" data-rss-type="text"> <p style="margin:0px;"> <a href="https://rochesterelderlaw.com/estate-planning/" target="_blank"> Estate planning doesn’t have to be a frightening even </a> t, nor should… [read post]
19 Apr 2017, 4:16 am by Administrator
Most people don’t think about an “estate plan” until they are well in to adulthood. [read post]
5 Dec 2014, 1:03 pm by Danny Jacobs
A Baltimore City Orphans' Court judge has restored the powers of the personal representative to Tom Clancy's estate in order to sign off on business deals. [read post]