Category: Estate Planning

In Revenue Ruling 2010-18, the IRS published the applicable federal interest rates for July, 2010.

 

In the recent case, Miller v. Kresser, 2010 Fla. App Lexis 6152 (Fla. 4th DCA 2010), a Florida Appeals court overturned the ruling of a lower court which allowed a creditor to reach the assets of a trust.

 

For most of us, protecting our home is paramount We do this through the acquisition of homeowners insurance, fire insurance, flood insurance, personal liability insurance, burglar alarms, fire alarms, frightening dogs, and an assortment of high powered weapons In addition to all the above, you should consider legal asset protection planning for your home. I [...]

 

Many of my clients make occasional loans to their children. A few of these loans have actually been repaid, or at least partially repaid. The problem is that if you make a loan to your child for his new business, and the child’s new business experiences temporary or permanent financial losses, the child can’t take [...]

 

On January 1, 2010, the estate tax was repealed. But the estate tax is not really dead, only sleeping. As of this date, this is my prognosis on the estate tax. First, consider this summary:   Estate Tax in 2009 Estate Tax in 2010 Estate Tax after 2010 Maximum Rate 45% 0% 55% Exemption $3,500,000 [...]