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28 Sep 2016, 7:24 am
It is even more complicated where there are children from the prior marriage. [read post]
19 Nov 2019, 4:08 am
They can come up prior to death, by virtue of the death or afterwards, but in each instance there is a question of the relationship of the estate and the attorney, and who is now the “client” in terms of rights and privileges between the client (Deceased and the Estate) and the attorney. [read post]
30 Nov 2014, 6:00 am
Prior to her death, decedent created a private foundation, and through her will left a piece of property to the foundation. [read post]
24 Jul 2014, 10:00 am
The drama caused by the combination of a large estate, second marriage, and conflict between the current spouse and children from a prior marriage is not unique to Casey Kasem or his estate. [read post]
23 Mar 2023, 12:09 pm
From the prior post, you know the duties and obligations of handling the estate. [read post]
10 Feb 2023, 9:57 am
As discussed in the prior post, nontraditional families must take steps to provide protection in the event of incapacity or death. [read post]
2 Mar 2020, 6:02 am
If you are one of the many Canadians currently in a second or subsequent marriage or common law relationship (at least 1 in 4 Canadians are), then implementing a comprehensive estate plan is more important than ever, especially if one or both of you have children from a prior relationship, and/or if you have or may have children together. [read post]
18 Jun 2016, 4:57 am
No estate tax return is required to be filed, since the estate is less than $5,250,000 (assuming no prior taxable gifts that would place the total gross estate above the exemption amount). [read post]
18 Jun 2016, 4:57 am
No estate tax return is required to be filed, since the estate is less than $5,250,000 (assuming no prior taxable gifts that would place the total gross estate above the exemption amount). [read post]
13 Mar 2008, 10:59 am
Senator (Republican - Arizona) John McCain's has been criticized by conservatives in his party for his inconsistent support of President Bush's tax cuts, his recent no-new-taxes pledge and his prior Senate votes on the estate tax seem to indicate that as president he would be likely to preserve the status quo on the estate tax: in 2007, McCain voted to increase the estate tax exemption to $5 million and to reduce the maximum estate tax rate to… [read post]
3 Feb 2010, 9:14 am
As a result of a prior tax deal, the estate tax was phased out as of January 1, 2010 and is scheduled to return on January 1, 2011 with an exemption amount of $1 million per individual and a top tax rate of 55%. [read post]
10 Oct 2012, 8:40 am
For example, if each spouse has children by a prior marriage whom he or she intends to be the primary beneficiary of his or her estate, it may be difficult for one attorney to advise both parties. [read post]
7 Oct 2011, 10:00 am
Eleven days prior to this new legislation, wealthy developer Monty Blakeman passed away,... [read post]
14 Jul 2016, 3:33 pm
The decedent’s prior marriage ended in divorce in 1977. [read post]
14 Jan 2011, 2:31 pm
Prior to 2005, Arizona imposed an estate tax equal to the amount of the federal estate tax credit. [read post]
9 Oct 2020, 3:28 pm
After reviewing all of the facts, the Court rejected the executor’s claims and found that the bank funds were not assets of the decedent since they were properly transferred prior to her death. [read post]
15 Sep 2009, 8:07 am
We discussed a few of the basic issues relating to the Georgia Estate Recovery program in a recent post (click here to read that prior post which also discusses the basics of Nursing Home Medicaid qualification). [read post]
17 May 2016, 5:00 am
Gift and estate taxes are potentially owed on the value of your estate assets owned at the time of your death combined with the value of all lifetime gifts made by your prior to your death. [read post]
30 Oct 2013, 1:09 pm
Flower, CFP appeared first on Santucci Priore, PL. [read post]
2 Aug 2016, 5:00 am
Unlike estate taxes, both federal and state, which are paid by the estate prior to the transfer of assets out of the estate, an inheritance tax is paid after a beneficiary or heir receives the assets and is paid by the recipient. [read post]
