Estate and Tax Planning Update: November 24, 2020

On October 1, 2020, we sent out a communication regarding the presidential election. Election Day has now passed, and January 20, 2021 marks Inauguration Day, when a new administration takes...

Digital Assets Are Part of Your Estate

Are Digital Assets and Cryptocurrencies Part of Your Estate? With the rise of blockchain technology and cryptocurrencies, it is important that investors...

Cryptocurrency and Taxes

How do I report Cryptocurrencies on my tax return? IRS Notice 2014-21 holds that for federal tax purposes, cryptocurrencies are treated as personal...

WOULD A FEDERAL ESTATE TAX EXIST UNDER PRESIDENT-ELECT TRUMP?

The election of Donald J. Trump to the Presidency surprised voters and pundits alike and continues to reverberate in the public square. When considering what comes next in Washington, President-Elect...

Proposed Treasury Regulations Seek to Limit Valuation Discounts

After years of speculation, the Treasury Department has issued proposed regulations aimed at restricting valuation discounts commonly used in estate and family business planning.

HILLARY CLINTON RELEASES ESTATE TAX PROPOSAL

On September 22, 2016, Hillary Clinton released her tax proposal that she plans to enact if elected in November.  The newly-updated plan would mean big changes for the Federal Estate Tax....

New Montgomery County Local Orphans’ Court Rules

Are You a Responsible Adult?

Growing up means making responsible decisions -- like planning for retirement, budgeting your time and money, and protecting your future.  Unfortunately, far too many adults are not thin

Affordable Care Act’s Impact on Trusts and Estates

The...

The Pope Is Coming!

The Pope Is Coming! This almost sounds like something a modern-day Chicken Little would say rather than "The Sky is Falling!"