2007-- Estate Planning Update
View our Estate Planning Update, which reviews some of the tax and estate planning issues facing individuals and businesses at the beginning of 2006.New York Residents--Higher Estate Taxes
The Federal exemption amount increased to $2.0 million as of January 1, 2006, but New York residents may pay a higher tax at death.
Revocable Trusts--Should You Have One?
Revocable trusts ("living trusts") have been around for many years, but have gained in popularity in recent years. Who should have one? And when are they inappropriate?
Document Locator (click to download)
There have been many articles suggesting that as a result of the tragic events of September 11th, individuals have rushed to make wills, health care proxies and powers of attorney. Giving family members an inventory of the location of these documents is especially important. We have prepared the attached Document Locator form to help our clients to identify and provide the location of their important documents. Click to download our "Document Locator".
Economic Growth and Tax Relief Reconciliation Act
The Act, which reformed the estate, gift and generation skipping tax provisions, increases the allowable exclusion amount for U.S. citizens and residents.
