This week’s interview on Financial Insider Weekly is with Lori Greymont, president of Summit Assets Group. Our interview subject is "Real estate investment alternatives."
The IRS has issued proposed regulations that can be relied upon by taxpayers to eliminate the requirement that a copy of a Section 83(b) election must be attached to a taxpayer's income tax return in order for it to be effective, applying for transfers on or after January 1, 2015.
With recent changes in the Federal estate tax laws, including a current exemption amount of $5,430,000 and portability of the unused exemption of the most recently deceased spouse, many families have bypass trusts that aren't tax efficient. An alternative is to modify the bypass trust to include a general power of appointment in favor of the creditors of the surviving spouse.
This week’s interview on Financial Insider Weekly is with attorney Jeffrey Hare, APC. Our interview subject is "Settling legal disputes out of court."
This week’s interview on Financial Insider Weekly is with attorney Michael Desmarais. Our interview subject is "Your rights as a beneficiary of an estate or trust."