by Greg Bates | May 29, 2019 | Retirement Planning
The Setting Every Community Up for Retirement Enhancement Act (SECURE Act) passed in the House with a 417-3 vote on Thursday, May 28th and is expected to make it through the Senate during this current term. The SECURE Act would be the first real major retirement...
by Greg Bates | Apr 23, 2019 | Estate Planning
(Forbes) — The estate tax is dead! Long live the estate tax! Like a Phoenix flaming on the political wind, only to extinguish, then burst anew, this now-you-see-me, now-you-don’t tax is overlooked only at the peril of lasting prosperity. For exposed families,...
by Greg Bates | Mar 29, 2019 | Estate Planning
Stanley H. Teitelbaum, Martin M. Shenkman A common issue for those trying to plan an estate, especially the dispositive provisions of a will or revocable trust, are the dispositive provisions. The issue is summarized in a short phrase: “equal versus fair.” The vast...
by Greg Bates | Mar 8, 2019 | Estate Planning
At the recently concluded 53rd Annual Heckerling Institute on Estate Planning in Orlando, Fla., discussions, unsurprisingly, once again centered around the high exemptions outlined in the 2017 Tax Cuts and Jobs Act. In light of the significant increase to the federal...
by Greg Bates | Feb 15, 2019 | Estate Planning, Financial Industry News
Sen. Bernie Sanders (I-VT.) recently unveiled a plan to dramatically expand the federal estate tax on the wealthy, including a new 77 percent rate on billionaires’ estates, as leading Democratic politicians push new taxes on the richest Americans to combat...
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