Month: October 2012
IRS Cracks Down on Gifts of Real Estate
The IRS has begun checking land records in certain states, including North Carolina, to compare uncompensated, mainly intra-family gifts of real property…
Estate Tax Exclusion Amount for 2012 to Increase to $5,120,000
The IRS announced today that the amount exemption from estate taxes will increase next year. For an estate of any decedent dying…
October is Special Needs Law Month
Special Needs Law attorneys advise individuals with special needs, disabilities, and their loved ones, on laws concerning their financial comfort and well-being….
3 Tips for National Estate Planning Awareness Week
October 15-21, 2012 is National Estate Planning Awareness Week. The country-wide campaign focuses on educating individuals about the importance of planning their…
Taxes – How Does North Carolina Stackup?
Thinking about moving to North Carolina, or from NC to another state? Want to know how all of the various taxes compare…
Don’t Fall Off the Fiscal Cliff Without an Estate Plan
Estate Planning Awareness Week comes during the final quarter of the year, just before the New Year shift known as the “fiscal…
Dynasty Trusts Ranked – NC Doesn’t Make the Cut
Nevada attorney Steve Oshins, who produces an annual ranking of Domestic Asset Protection Trusts, has now done the same for Dynasty Trusts. Dynasty…
Illinois Ruling Strikes a Blow at Asset Protection Trusts
In Rush University v. Sessions, et al, the Illinois Supreme Court ruled that a transfer to a Cook Islands trust was per se…
