06

Mar

Thinking Through Year End and New Year Taxes

As we approach the end of 2016, we at Strauss Attorneys, PLLC would like to remind you of measures you can take to minimize your income tax liability. By taking proactive steps to secure credits and deductions, or accelerating or postponing income or deductions, a savvy taxpayer...

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06

Mar

The End of Valuation Discounts is Coming: Proposed Regulations to Section 2704

Copyright 2016, WealthCounsel, LLCThe days of reducing gift and estate tax through valuation discounts for closely-held family businesses appear to be coming to an end. After months of anticipation, the U. S. Treasury has released proposed regulations that will significantly re...

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06

Mar

Life Insurance, the Forgotten Asset Class

Estate Taxes are not the only reason to own Life Insurance. Life Insurance can be regarded as a vital, asset class separate from other savings and investments that adds diversification and certain unique benefits. With the November 2016 presidential and Congressional Election loo...

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Category: Estate Planning


25

Mar

New Discounted Entity Regulations Leave Small Window for Tax Planning

By Lorin G. Page, Esq. In early August, the Internal Revenue Service issued long-awaited proposed regulations in an attempt to limit the use of a key tax planning technique. In light of the proposed regulations, individuals and families with estate tax exposure should consider im...

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Category: Advisors


06

Mar

Medicare Rehabilitation Coverage – There is no “Improvement” Standard

Our clients frequently are faced with a common myth or misconception regarding what nursing home care may be covered by Medicare following a hospitalization when rehabilitation has been prescribed by the patient’s attending physician. Many times providers or insurers erroneously...

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25

Mar

Your Business is Our Business

By Peter McGuire, Esq. As a firm focused primarily on estate planning, Strauss Attorneys works intimately with our clients to plan appropriately with a complete and accurate asset profile. Often with our business owner clients, that asset profile includes, first and foremost, the...

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Category: Advisors


06

Mar

Elder Exploitation and Financial Abuse: Marking the 10th Anniversary of World Elder Abuse Awareness Day

June 15th, 2016 marks the 10th anniversary of World Elder Abuse Awareness Day. Please read below for some important signs of Elder Abuse that can help you detect whether your loved ones or friends may be at risk of becoming a victim. Elder Exploitation and Financial Abuse It is...

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06

Mar

There is No “Improvement Standard” for Continued Medicare Rehabilitation Coverage

Our clients frequently are faced with a common myth or misconception regarding what nursing home care may be covered by Medicare following a hospitalization when rehabilitation has been prescribed by the patient’s attending physician. Many times families have been erroneously in...

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06

Mar

Inherited Trust Shares and Divorce – Protecting your Children

Among the most important benefits of holding assets in a living trust is ensuring that they pass to beneficiaries protected from creditors, for instance, from a child’s divorcing spouse. A testamentary gift to your child outright and in their own name can be considered part of th...

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06

Mar

Why Everyone Should Have a Health Care Power of Attorney

A Health Care Power of Attorney is a document that authorizes another person to make medical decisions for you if you are unable to do so. There are many different situations that could result in a person being unable to make or communicate medical decisions and these situations...

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