by Finley Stetson | Nov 18, 2021 | Estate Planning, Last Will & Trusts, Probate, Tax and Business Law, Taxes, Trusts, Wills, Trusts & Estate
People love their pets. But Madonna has taken her love to a whole new level. A little over twenty years ago she gave her home to a corporation named after her dog, Gunther. According to this story, Gunther and his descendants lived in the house ever...
by Finley Stetson | Nov 8, 2021 | Estate Planning, Last Will & Trusts, Tax and Business Law, Taxes, Trusts, Wills, Trusts & Estate
On October 29, 221 a new draft of the “Build Back Better” bill was released. That new version of bill eliminated the proposed reduction in estate tax exemptions from $11.7 million to about $6 million. So unless there are additional changes to the law...
by Finley Stetson | Oct 12, 2021 | Estate Planning, Last Will & Trusts, Probate, Tax and Business Law, Trusts, Wills, Trusts & Estate
Many of our clients are concerned about whether estate tax exemptions will be reduced this year. Last month the House Ways and Means Committee released a bill that provided, in part, for estate and gift tax exemptions to be reduced to about $6 million (from $11.7...
by Finley Stetson | Oct 1, 2021 | Estate Planning, Last Will & Trusts, Probate, Tax and Business Law, Taxes, Trusts, Wills, Trusts & Estate
Here is a question that we receive on an almost daily basis from our clients: “I’ve read in the news that the estate and gift tax exemption is going to be reduced. How can I take advantage of the current exemptions before they are cut?” Right now the current gift...
by Finley Stetson | Jan 7, 2021 | Estate Planning, Last Will & Trusts
Conversations with family, friends, and colleagues can sometimes wander into the topic of lawsuits, divorces, bankruptcies, and other threats that put one’s property at risk of loss to a creditor. Such conversations often leave people shaking their heads, asking what...
