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 | Dec 10, 2019 | Estate Planning, Guardianship, Trusts
As a caregiver, you spend much of your time, money, and energy taking care of the needs of others. Those who have taken on the role of caregivers for ill or disabled spouses, aging parents, children, or other loved ones with special needs are typically selfless and...
by Finley Stetson | Sep 10, 2019 | Estate Planning, Trusts
Life insurance is often one of the most important parts of an estate plan. People usually purchase life insurance to prevent their spouse, children, or other dependents from suffering financial hardship if they die unexpectedly. You may think that all you need to do...
