Posts Tagged ‘estate planning’

Happy New Year!  This year brings to us several legal changes which will benefit to taxpayers for 2023 and beyond.  For more details, contact CGA Law Firm’s Estate Planning attorneys.   Increase for Estate Tax Exemption.  This year, the amount that an individual can transfer estate tax-free automatically increases for estates of decedents passing away in 2023 from $12.06MM to $12.92MM, an inflation-index increase of $86,000.  A married couple enjoys a combined exemption of $25,840,000.  Keep in mind, however, that the exemption amount will decrease in the end of 2025 with the sunset of the 2017 Tax Cut and Jobs Act,… read more »

The world of estate planning and trust administration is fraught with a variety of landmines, and only the diligent can detect and avoid them consistently. An estate planning professional’s behavior and performance may be judged unethical or even illegal in a given circumstance even if he or she is exceptionally knowledgeable about the substantive law. In this teleconference, we will delve into the following issues and concerns to which both lawyers and fiduciaries would be well-advised to pay close attention: Duty to File Amended Tax Returns Recognizing and Steering Clear of Tax Return Preparer Penalties Hazards for a Lawyer in… read more »

Asset protection planning is important to an increasingly broad range of clients – both for themselves and for their children. Creditors seem to be more aggressive these days, and more clients are becoming conscious of their potential to wake up one day in a vulnerable financial situation. Estate planners should offer their clients the opportunity to discuss, early in the estate planning process, the advantages of and available techniques by which to secure at least some measure of asset protection. This teleconference will focus on the following: Avoiding Fraudulent or Voidable Transfers Using Tenancy by the Entireties Form of Ownership… read more »

Write your family a “love letter” and give them the gift of time, love and clarity. Ameriprise Financial Services, LLC, invites you to a seminar event. Learn more about an indispensable planning tool that helps organize the paper trail tied to your life. It gives you a voice, and your family the confidence in knowing “what to do” if faced with your sudden incapacitation or death. During this complimentary session, we’ll discuss planning tools and the importance of working with your family and advisor to document your wishes using: • The Surviving Spouse Checklist • The Family Love Letter •… read more »

If your child becomes sick while away at college, a hospital or doctor’s office will not release any information to you over the phone. In the eyes of the law, your child is an adult, but as parents we care for them well beyond 18 years. Make sure your family has the proper documentation in place to avoid chaos and protect your newly-independent child. —– On this live workshop, you will discover how to: Set and plan goals for your children and yourselves Make sure you can access information and provide assistance to your adult child, when needed Absolve burdens… read more »

Last date of this series. If your child becomes sick while away at college, a hospital or doctor’s office will not release any information to you over the phone. In the eyes of the law, your child is an adult, but as parents we care for them well beyond 18 years. Make sure your family has the proper documentation in place to avoid chaos and protect your newly-independent child. —– On this live workshop, you will discover how to: Set and plan goals for your children and yourselves Make sure you can access information and provide assistance to your adult… read more »

Future dates: July 14th at noon. If your child becomes sick while away at college, a hospital or doctor’s office will not release any information to you over the phone. In the eyes of the law, your child is an adult, but as parents we care for them well beyond 18 years. Make sure your family has the proper documentation in place to avoid chaos and protect your newly-independent child. —– On this live workshop, you will discover how to: Set and plan goals for your children and yourselves Make sure you can access information and provide assistance to your… read more »

In today’s world, protecting your family with solid estate planning is more essential than ever. The recent pandemic reminds us that having good estate documents in place is necessary. A sturdy Will can assure that your assets pass as you desire and your instructions will be observed. A Durable Power of Attorney empowers another to help when someone is injured, incapacitated, or frail. A Health Care Directive assures that medical services will be administered as you desire. Our legal team is current with recent changes in the law and can help you keep your estate plan up to date. Having… read more »

Future dates: July 12th at 4pm, July 14th at noon. If your child becomes sick while away at college, a hospital or doctor’s office will not release any information to you over the phone. In the eyes of the law, your child is an adult, but as parents we care for them well beyond 18 years. Make sure your family has the proper documentation in place to avoid chaos and protect your newly-independent child. —– On this live workshop, you will discover how to: Set and plan goals for your children and yourselves Make sure you can access information and… read more »

Future dates: June 29th at noon, July 12th at 4pm, July 14th at noon. If your child becomes sick while away at college, a hospital or doctor’s office will not release any information to you over the phone. In the eyes of the law, your child is an adult, but as parents we care for them well beyond 18 years. Make sure your family has the proper documentation in place to avoid chaos and protect your newly-independent child. —– On this live workshop, you will discover how to: Set and plan goals for your children and yourselves Make sure you… read more »