Tag Archives: family

There’s No Time Like the Present

Admittedly, estate planning is not an easy topic to bring up with parents and other family members, but dealing with the topic when there are no looming health issues is definitely easier than discussing estate and disability planning after a diagnosis or accident.  You’d probably assume that the parents of a middle aged estate planner … Continue Reading

Treasury Department Issues Proposed Regulations That Will Dramatically Reduce Valuation Discounts

On Aug. 2, 2016, the Treasury Department issued proposed regulations under Section 2704 of the Internal Revenue Code that, if finalized in their present form, would substantially alter the valuation of transfers of interests in family-controlled entities (including corporations, partnerships, and LLCs) for estate, gift and generation-skipping transfer tax purposes. To read the full GT … Continue Reading

Estate and Asset Protection Planning for Special Needs

Although important for all families, estate planning is critical for those with a special needs child or spouse.  Eligibility for means-tested government benefits could be jeopardized by leaving an improperly structured inheritance to a special needs person.  Consequently, finding a way to provide for special needs family members without interference with eligibility for government assistance … Continue Reading
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