Filed Under: Trust & Estates Law Trusts and Estates
Important Trusts and Estates Tax Changes Could Come in 2022
On March 25, 2021, Senators Sanders, Gillibrand, Reed, Van Hollen, and Whitehouse released a bill to the Senate that, if signed into law, will cause substantial changes to the Internal Revenue Code that pertain, among other things, to estate, gift, and generation-skipping transfer taxes.. A similar bill was read into the House by Representative Gomez. […]
Filed Under: Trust & Estates Law Trusts and Estates
Attention Parents: Are Your Kids Headed to College during the COVID-19 Pandemic? Here’s Why They Need Powers of Attorney
A power of attorney is a document that allows someone to appoint an agent to act on their behalf in the event that they become incapacitated or unable to make decisions on their own. These documents relate to financial and healthcare matters. One of the greatest benefits of a power of attorney is that it […]
Filed Under: Trust & Estates Law Trusts and Estates
The SECURE Act
The SECURE (Setting Every Community Up for Retirement Enhancement) Act which was signed into law in late December makes wide ranging changes effecting IRAs, 401(k)s and other qualified retirement plans and retirement plan beneficiaries. The provisions in the Act may require changes to existing estate plans and will necessarily shape future plans. Some of the […]
