Let’s Start Planning Your Future Today
Whether you need to create a simple Will, protect your assets, or plan for your business, our team is here to help.
Schedule Your Free Consulation04
Apr
Do I have to file Gift Tax returns for the gifts to my Insurance Trust?
Filing a gift tax return for an ILIT, even if not technically required because all gifts are below the annual exclusion, is a good idea. It starts the statute of limitations for an audit of the gift. It allows you to decide affirmatively whether GST exemption is allocated. The GS...
View More04
Apr
No Super Committee Action: Now What?
Now that the so-called ‘super committee' failed to agree on spending cuts and/or revenue gains to reduce the deficit, what’s next? What does this mean for the estate and gift tax law? Under the law that created the super committee, their failure to act means tha...
View More04
Apr
Conduit Share versus Accumulation Share: Difficult Choices, Important Consequences
This article originally appeared in the May 2009 issue of Gray Matters (Section Vol. 13, No. 4), a publication of the North Carolina Bar Association Elder Law Section. Once a decision has been made to leave tax qualified assets such as IRAs, 401(k)s or other tax qualified accoun...
View More04
Apr
How to Protect Qualified Accounts from Creditors, Predators, Youth and Inexperience.
This article originally appeared in the May 2008 issue of The Will and the Way (Vol. 27, Iss. 3), a publication of the North Carolina Bar Association Estate Planning & Fiduciary Law Section. The Problem - and the OpportunityOn a regular basis, estate planning attorney...
View More
