by Kathryn A. Flanigan | Dec 4, 2012 | Uncategorized
There are approximately 10,000 baby boomers – the generation born between 1946 and 1964 – turning 65 every day. California has the most boomers of any state – 8.9 million – according to a recent survey by MainStay investments. Some more...
by Kathryn A. Flanigan | Dec 4, 2012 | Uncategorized
This year, December may be the kindest month for those who wish to set up a grantor retained annuity trust (GRAT) for the benefit of children or grandchildren or provide a family member with a loan.That’s because the “hurdle” rate for a GRAT is only...
by Kathryn A. Flanigan | Dec 4, 2012 | Uncategorized
If you don’t have a New Year’s resolution in mind yet for the end of this month, consider making estate planning in 2013 a priority. Not only because we be faced with changes in the federal tax structure, but because it is one of the single best things you...
by Kathryn A. Flanigan | Dec 4, 2012 | Uncategorized
While we don’t know yet what the new estate and gift tax structure will be for 2013, what we do know is that the unprecedented opportunity to pass along wealth via gifts will expire at the end of this month. If you are able to still take advantage of the 2012...
by Kathryn A. Flanigan | Dec 3, 2012 | Uncategorized
If you’re a baby boomer, then you should already have an estate plan. But if an estate plan has been on your perpetual “to do” list that has never gotten done, here are 5 tips to get you on your way now:Create a will. This most basic estate planning...
by Kathryn A. Flanigan | Nov 20, 2012 | Uncategorized
The IRS announced that the 2013 annual gift tax exclusion rate will increase to $14,000 per gift to a non-spouse, from $13,000 in 2012. In addition, the annual gift tax exclusion amount for gifts made to a non-U.S. citizen spouse will increase to $143,000, an increase...
