Boca Raton Estate Planning Blog
Below you will find our collection of written articles, blog posts, and news stories on key aspects of estate planning law, wills and trusts, and generational wealth management here in Florida. But don’t forget to check out our video page as well!
We are here to discuss any of the issues you come across in greater detail and to help you get started with or revist your estate plan. Let us know how we can help you!
33 Federal Tax Provisions Expiring at the End of 2020
When Congress makes changes to the federal tax code, they have a choice as to whether those changes will be implemented permanently or temporarily. Passing permanent changes to the tax code can be difficult, so lawmakers often choose to include...
Making High Stakes Tax Planning Decisions in Highly Uncertain Times
As 2020 winds down, many individuals and families are still unsure about what end-of-year tax and estate planning measures they should implement. Much of this consternation comes from the uncertainty over the status of the election, principally...
Free Resource: 2020 End-of-Year Planning Checklist
As 2020 draws to a close, many wealthy individuals and families should be thinking about their end-of-year tax and estate planning opportunities. Doing nothing and hoping for the best is always an option, but, in my experience, it is rarely the...
Making the Most of Your End-of-Year Tax Planning
The presentation below outlines some of the most important tax policy proposals of the Joe Biden campaign. While not all of these proposals will be enacted, general themes emerge that families and individuals ought to consider when reviewing their...
Tax Court Denial of Conservation easement; Enforcement Developments – Wealth Strategies Journal
[ad_1] Tax Court Tentatively Disallows Conservation Easement Deduction Due to Omitted Required Basis Information The Tax Court disallowed a conservation easement charitable contribution deduction because the taxpayer’s return omitted the cost or...
Avoiding The 10-Year Rule For Conduit Trusts (Mar. 4, 2020) – Wealth Strategies Journal
[ad_1] The Kitces Report has published an article, by Jeffrey Levine. The Executive Summary is as follows: Passed in December of 2019, the SECURE Act brought several changes to the rules governing retirement accounts, the most significant of which...
Treasury Considers Delaying April 15 Tax Day Over Coronavirus – Wealth Strategies Journal
[ad_1] According to The NY Times and other news sources, the Treasury Department is considering delaying tax payments beyond the April 15 deadline, according to a person familiar with the plans, as taxpayers and the Internal Revenue Service brace...