Author Archives: CCJones

There are three possible federal tax scenarios that could affect your estate planning: (1)        2012 law as it currently exists; (2)        2013 law that will become effective Jan. 1, 2013 if Congress does not act, and (3)        … Continue reading →

As part of the Patient Protection and Affordable Care Act enacted in 2010, Section 1411 was added to the Internal Revenue Code. Beginning in 2013, this section imposes an additional tax on individuals and on trusts and estates. It is … Continue reading →

by Barbara Liss, Federal and state taxes are important factors to consider when administrating a trust, going through probate court, or in any stage of the estate planning process. Taxes are so important that even the idea of an estate … Continue reading →

As an estate planning paralegal, I’ve discovered that many folks erroneously believe that the safest place to store valuable items is in a bank safe deposit box.  This is because they think that banks have the best 24 hour security … Continue reading →

As a part of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, P.L. 111-312 (124 Stat. 3302) (the “2010 Tax Act”) and corresponding changes to the Internal Revenue Code (the “Code”), surviving spouses may elect to … Continue reading →

Year End Planning for 2011 Once again, we have had a year of changes and planning possibilities as to federal estate, gift and generation-skipping transfer (GST) taxes.  On December 17, 2010, President Obama signed into law The Tax Relief, Unemployment … Continue reading →