Month: September 2007
Anatomy of an Estate Plan
Everyone can benefit from planning for the future, whether it involves the distribution of property, tax reduction, or the care of family…
Questions and Answers about Life Settlements
1. What is a Life Settlement? A life settlement is the sale of an in-force…
A QTIP is Not Just for Your Ears
Estate planners love acronyms, and one of the most common when referring to a particular type of trust is QTIP, which stands…
Mediation in NC Estate and Guardianship Matters
Clerks of Court, the ex officio judges of probate and guardianship matters in North Carolina Counties, can now order mediation in those…
House Passes Ban on Tax Strategy Patents
On September 7, the U.S. House of Representatives passed H.R. 1908, The Patent Reform Act of 2007. Section 10 of that bill…
Anatomy of an Estate Plan
Everyone can benefit from planning for the future, whether it involves the distribution of property, tax reduction, or the care of family…
IRS Reports on Estate Tax Return Numbers
The IRS recently announced that the total number of estate tax returns filed fell by 58 percent to about 45,000 in 2005…
NC Reenacts Long-Term Care Insurance Tax Credit
The North Carolina Long-Term Care Insurance Premium Tax Credit has been reenacted effective for the 2007 tax year through 2012. A credit…
