Private Client Services Update - Portability - Is It Time to Throw Traditional Estate Tax Planning Out the Window?
When Congress passed the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 (the 2010 Tax Act) in December 2010, it finally provided some guidance and certainty -- albeit for just two years -- for the estate tax planning world.
By Alexander W. Powell Jr. and Private Client Services
Private Client Services Update - Issues with Real Estate in a Decedent's Estate
The sale of real estate under Virginia law in connection with a decedents estate can involve a number of legal and practical considerations that can be affected by whether a decedent dies with or without a will.
By Edward R. Stolle and Private Client Services
Private Client Services Update - Asset Protection-Domestic Asset Protection Trusts (DAPTs) Take a Hit
One of the hot topics among planners over the last several years has been how to utilize the laws enacted by several states (now five) allowing a person to create his own self settled trust or domestic asset protection trust (called a "DAPT"), which have been promoted as not reachable by creditors, if they satisfy the elements of the particular state statue.
By James G. Steiger and Private Client Services
Employee Benefits Alert - Fall 2011
In This Issue:
- Advanced Written Notice of Benefit Changes
- DOL to Re-Propose Rule on Definition of Fiduciary
- IRS Announces Plan Limitations for 2012
- COLA Increases for Dollar Limitations on Benefits and Contributions
By ESOPs & Employee Benefits
Private Client Services Update - Benefit Corporations - A New Business Entity for the Socially Minded Entrepreneur
"Social Entrepreneurship" has become a hot concept in recent years as many businesses and entrepreneurs have sought to bring profit-making and social mission together under one roof.
By David Kamer and Private Client Services
Private Client Services Update - Capacity and Undue Influence Issues in Estate Planning - Incapacity for One Purpose Does Not Mean Incapacity for Another
In my practice, I am often faced with the difficult issue of evaluating the capacity of an older adult client. In the beginning stages of dementia, does the client have the capacity to make important decisions and sign legal documents? Another challenging situation, which frequently occurs concurrently with capacity issues, is undue influence.
By Lawrence G. Cumming and Private Client Services
Regulatory Update - October 2011
Helping the Hospitality Industry Cope with Compliance Under the Americans with Disabilities Act After the 2011 Revised Federal Regulations
By John M. Bredehoft and Robert C. Goodman Jr.