October 2006 Posts

  • New Proposal for Estate Tax Relief

    From EstatePlanningLawFirms.com: WASHINGTON – United States Senator Mary Landrieu, D-La., announced that she is introducing a bill to bring relief and reform to the federal estate tax system....
  • When Your Parents Die Broke

    Legally, you’re probably not on the hook for their debts. But anything they owned could be. Here’s what you need to pay, in what order....
  • IRS Announces Pension Contribution Limits for 2007

    On October 18th, the IRS announced (IR-2006-1620) the 2007 pension contribution limits: 401(k)/403(b) Elective Deferral Limit (402(g)(1)): $15,500 Government/Tax Exempts Deferral Limit (457(e)(15)): $15,500 ...
  • National Academy of Elder Law Attorneys

    http://www.naela.com ...
  • Wesley Snipes Indicted for Tax Fraud

    Newsday reported today that actor Wesley Snipes has been indicted for federal income tax fraud for claiming $12 million in refunds for 1997 and 1997. Today is also the 75th anniversary of the date that mobster Al Capone was sentenced to 11 years in prison for income tax evasion....
  • Asset Protection Book

    http://www.assetprotectionbook.com/north_carolina.htm...
  • Living Trust Scammers Booted Out of NC

    Good news in this recent article in the News and Observer: Andrea Weigl, Staff Writer : A Wake Superior Court judge has ordered two California companies to stop selling estate planning products to North Carolina consumers...
  • Death and Taxes Blog

    http://jas-law.typepad.com/...
  • Florida Probate Litigation Blog

    http://www.flprobatelitigation.com...
  • North Carolina – a Mediocre Place to Die

    ​Based on a number of factors, such as health care and estate taxes, an article in Forbes ranks North Carolina squarely in the middle of the pack in a listing of the best states in which to die....
  • We Americans are Generous Folks

    Below is a recent article by Will Swarts on SmartMoney.com: IF YOU THINK OF yourself as financially generous, you probably are, particularly if you’re part of the growing number of Americans whose investable net worth is anywhere from $100,000 to $3 million — the so-called mass affluent. This group’s ranks are growing, and so are their charitable donations. ...
  • Florida Probate Litigation Blog

    www.flprobatelitigation.com ...
  • Caveat Emptor – When it Comes to Out-of-State Tax Preparers

    I recently had a client come in who had made a gift of over $120,000 to her brother several years ago, using funds that had originally come from their mother. She used the mother’s accountant in Florida to prepare her gift tax return. ...
  • Caveat Emptor – When it Comes to Out-of-State Tax Preparers

    I recently had a client come in who had made a gift of over $120,000 to her brother several years ago, using funds that had originally come from their mother. She used the mother’s accountant in Florida to prepare her gift tax return. ...
  • Planning for Electronic Data

    The following was posted by Ed Poll on his LawBiz Blog Taking Electronic Passwords to the Grave Attorneys advising clients on estate planning should ask them to determine who they want to have access to their computers when they die...
  • NC Attorneys Indicted in Offshore Trust Tax Fraud Case

    Two NC attorneys face jail for helping clients dodge taxes. While they can be useful in asset protection under the right circumstances, Offshore Trusts cannot legally avoid taxes for U.S. citizens! ...