06/19/2013
After so many years of uncertainty, it is nice to be able to help clients plan their estate with permanent legislation. At least for now! If your estate planning documents were prepared several years ago it is a good time to have them reviewed. I am finding in many cases that I can simplify the existing plan wile still preparing for any unexpected tax changes. The key is to make sure your documents are flexible to accommodate changes in the law and changes in your life to the fullest extent possible.
This past spring, Congress passed a number of important tax provisions that will impact how taxpayers manage their assets and estates. One of particular significance is the American Tax Relief Act of 2012, or “ATRA”. Encompassed within ATRA are a number of new tax provisions that can have a substa...