201610.17
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Your Estate Plan Should Change with You

Did you know that National Estate Planning Awareness Week in October (17 – 23 in 2016) was adopted in 2008 as an outreach effort to help the estimated 120 million Americans who do not have a current effective plan in place for an unexpected illness, accident or untimely death.  Having an estate plan helps avoid…

201602.25
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2016 Tax Updates for Estate, Gift and GST Tax

The changes for 2016 are pretty mild compared to previous years, with the annual gift tax exclusion amount remaining the same at $14,000 per person and the Applicable Exclusion Amount only increasing by $20,000 to $5,450,000 from $5,430,000 in 2015. A. Annual Exclusion from Gift Tax. There is an annual exclusion from gift taxes of…