Friday, January 28, 2011 Press Coverage of Estate Planning this Week (January 28, 2011)
Deborah L. Jacobs of Forbes reviews new tax breaks, portability provisions and when trusts make sense under the new estate planning laws passed in December. See Married, With Assets (Jan. 27, 2011).
Joseph A. Giannone of Reuters points out that the rich have a rare opportunity to pass along millions of dollars to their children because of the re-uniting of the gift tax with the estate tax exemption level. But the current law expires at the end of 2012, so the opportunity may not last long. See U.S. Rich Get 2-Year Window on Gifts to Heirs (Jan. 27, 2011).
Ashlea Eberling of Forbes discusses how to go about writing your first estate plan, covering basic wills, advance directives, naming a guardian, beneficiary designations, and considerations for business owners. See How to Write Your First Estate Plan (Jan. 26, 2011). |