Category Archives: Gift Tax

Update Your Will

You should read your will at least every few years to make sure it is current. It is amazing how many people think they designated one person to serve as executor only to discover they designated someone who they now … Continue reading

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What Type of Trust Do You Need?

There are many types of trusts and frequently a trust will include multiple characteristics.  For example, one of the most frequent classifications of trusts is by when they become effective, i.e., living trusts and testamentary trusts. A living trust or … Continue reading

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Helping Kids With Their Debt Problems

Occasionally a client will discover that they really do have more money than they are likely to need during their lifetime.  Often they will want to help their kids who might have incurred education, medical or other debts.   Most clients … Continue reading

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Taxing Issues Covered on You Tube?

Did you know the IRS has its own You Tube channel?  You can find many key tax issues covered in brief videos, which include references to where you can find more information in other IRS publications. For example, many people … Continue reading

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Tax Credit Helps Low- and Moderate-Income Workers Save for Retirement

The IRS recently issued a release on a tax credit to help lower income workers save for retirement.  Low- and moderate-income workers can take steps now to save for retirement and earn a special tax credit in 2011 and the … Continue reading

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