Do-It-Yourself Medicaid Planning - The Problems of Gifting Away Your Assets
As life expectancies increase and our population continues to age, many are becoming more concerned about the impact of long-term nursing home costs. Wanting to preserve assets in light of this…
Read More2016 Estate, Gift, And Generation-Skipping Transfer Tax Updates
As another year begins, it is only natural to look forward to all the new and exciting things 2016 will have to offer, not the least of which are the estate, gift, and generation-skipping transfer…
Read MoreIRS Attorney Signals Looming Restrictions On Discount Techniques
IRS attorney Cathy Hughes (Estate and Gift Tax Attorney – Advisor, Office of Tax Policy) created waves at the American Bar Association’s Section of Taxation meeting in May. During discussions at the…
Read MoreOhio Adopts the Revised Uniform Fiduciary Access to Digital Assets Act.
Digital assets encompass a large category of electronically stored data, be it online, on a device, or on a computer. Some examples include: online accounts, electronic communications, social media…
Read MoreThe Dangers of Believing You Do Not Need an Estate Plan
Young or old, when contemplating your estate plan, it is important to view it not only as an asset protection tool, but also a family protection tool. Even a simple estate plan can provide valuable…
Read More2018 Estate, Gift and Generation-Skipping Transfer Tax Updates
As I am sure everyone has heard by now, the tax reform bill known as “To Provide for Reconciliation Pursuant to Titles II and V of the Concurrent Resolution on the Budget for Fiscal Year 2018” went…
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