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 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 6, 2021 | Estate Planning, Taxes
Delray Beach, Fla. — With Georgia’s US Senate election results not even certain, tax attorney Bill Stetson’s in-box started to swell. How might President-Elect Joe Biden in the White House and Democrats in control of the House and Senate affect gift tax and...
by Finley Stetson | Dec 17, 2020 | Taxes
Florida has its first President! Donald and Melania Trump are now permanent residents of Florida. They did this in October by recording a “Declaration of Domicile” in Palm Beach County court. The New York Times reported that the move was “primarily for tax purposes.”...
by Finley Stetson | Aug 11, 2020 | Estate Planning, Taxes
COVID-19 has deeply impacted the economy in the United States and will likely continue to do so for some time. While most would agree that this pandemic is not a positive development, there are nevertheless some silver linings. One such silver lining is that certain...
