This newsletter will provide an overview of recent tax planning developments for your consideration. Please call us for further information on any of these topics.
Blogs / Events / Articles / News
This issue highlights: The Supreme Court's Increase in Employer Risk of Retaliation Liability
Yes, there is some good news from Washington: As of January 1, 2006, the annual exclusion from gift tax which, for many years, was capped at the $10,000 per person level and was increased to $11,000 per person a few years ago has been increased to $12,000. Through the use of “gift splitting,” a husband and wife may be able to give a total of $24,000 per year to each of their children or, for that matter, to any other donee (recipient), without having to file a gift tax return or use any of their federal credit for estate and gift tax purposes.
Click here to download the "June 2005: Have You Signed Medical Directives?" newsletter.
Understanding the By-Pass TrustClick here to download the "Late Summer 2004: Understanding the By-Pass Trust" newsletter
Late Fall 2003 - Selecting a Financial PlannerClick here to download the Late Fall 2003 - Selecting a Financial Planner newsletter.
Powers of Attorney A general Durable Power of Attorney can be an important part of one’s estate plan. Pennsylvania and New Jersey, like all other states, specifically empower us to delegate important powers to an individual or an institution. Typically, the authorization is in the form of a written document known as the Power of Attorney b...