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The Tax Cut and Jobs Act of 2017: How Does it Affect Your Estate Planning? [su_spacer size="20"] Late last year, Congress finally passed the much anticipated tax reform bill, the “2017 Tax Act,” which provides many significant changes to income tax laws, but also to estate planning and gift taxes. As with any new tax law, we strongly recommend … [Read more...] about How Does the Tax Cut Affect Your Estate Plan? | Estate Planning Attorney
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Life Insurance Policy Ownership Pitfalls: What Should I be Aware of? [su_spacer] Life insurance can play an important role in an estate plan. Insurance may provide income replacement to a surviving spouse or liquidity to an estate where the majority of the estate’s value is tied up in a family business or real property. Insurance can provide the … [Read more...] about Life Insurance Pitfalls | Estate Planning Attorney Ken Barney
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What Does a Trump Presidential Victory Mean to My Estate Plan and Estate Taxes? Regardless whether you lean towards the political left or right, the results of the 2016 Presidential and Congressional elections will result in changes to our current estate and gift tax laws. Since 2013, when the last major estate and gift tax laws were enacted, … [Read more...] about Estate Plan Taxes | Estate Planning Attorney
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We read in the Bible the parable of a rich man who had the problem of figuring out what to do with all of the goods he had accumulated. He determined to build larger barns to store all that he had. However, God told the man that very night that his soul would be taken, thus leaving the question “Whose shall those things be, which thou hast … [Read more...] about Estate Planning Litigation Attorney | When a Will May Not be the Way
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As an estate planning attorney in Arizona I am always asked if after you have signed your revocable living trust, what if anything should you do about your vehicles or other assets titled through Arizona’s Motor Vehicle Division? First of all, let me remind you, if you have a revocable living trust, the “funding” of your trust (which means … [Read more...] about Estate Planning Attorney | Should I Transfer My Vehicles to my Trust?
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