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ron7732
Nov 1, 20092 min read
Life Insurance Policy Rescinded
A business executive was answering questions for an application for a $3 million life insurance policy that named as the beneficiary a...
ron7732
Sep 28, 20081 min read
Federal Estate Tax
The federal estate tax credit, currently at $2 million, is set to increase to $3.5 million in 2009. This means that in 2009 you can leave...
ron7732
Sep 18, 20082 min read
LLC Ruling Favors Taxpayers
Anna was the mother of three children and the widow of the man who invented the heart defibrillator implant. In 1992, she created a trust...
ron7732
Oct 1, 20063 min read
Deducting The Business Use Of Your Home
The federal income tax deduction for the business use of a home has a good dollars-and-cents upside for those who qualify. Some detailed...
ron7732
Oct 6, 20052 min read
Gifting as an Estate Planning Tool
The wisdom of making a will is well settled as sound legal advice, and rightly so. Less talked about, but equally advisable for many...
ron7732
Oct 3, 20041 min read
IRS Gets Tough on Estate Tax Fraud
Prosecutions for filing a false Form 706, the federal estate tax return, have been rare. Recently, a federal prosecutor announced a...
ron7732
Oct 1, 20043 min read
Estate Planning and Your Highly Appreciated Residence
The absolute basics on one’s estate planning are to have a valid living Trust, a backup Will for that Trust and a Medical Durable Power...
ron7732
Oct 1, 20033 min read
The Marital Deduction: A Valuable Estate Planning Tool
The federal estate tax marital deduction is one of the most important estate planning tools available to a married couple. The basic...
ron7732
Oct 4, 20023 min read
New Estate Planning Technique
When an individual dies, there is the possibility that his or her estate will be subject to the federal estate tax. However, only estates...
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