This week’s interview on Financial Insider Weekly is with attorney Michael Desmarais. Our interview subject is, "Estate planning for second marriages".
Estate planning with 2011 and 2012 temporary changes
This week’s interview on Financial Insider Weekly is with attorney James V. Quillinan of Hopkins & Carley. Our interview subject is, "Estate planning with temporary changes for 2011 and 2012".
Is 2011 your last chance to position yourself for 15% capital gains?
2011 might be your last chance to position yourself for long-term capital gains eligible for the 15% maximum federal tax rate for long-term capital gains. In addition, the 3.8% Medicare tax on investment income when adjusted gross income exceeds $200,000 for singles and $250,000 for married filing joint returns enacted as part of the Health Care Reform legislation will also become effective after 2012, so the maximum long-term capital gains rate for high-income taxpayers is scheduled to be 23.8%. The Bush tax cuts, which were extended to 2011 and 2012 are scheduled to expire after next year.
What are tax considerations for how you hold title to property?
This week’s interview on Financial Insider Weekly is with William Mahan, attorney at law. Our interview subject is, "Tax considerations of how you hold title to property".
If you have a net worth of $10 million or more, consider making big gifts during 2011 and 2012
If you have a very large estate, say exceeding $10 million, you should meet with your tax advisor and estate planning attorney to discuss whether you should make big gifts during 2011 or 2012, which assets are good candidates for gifts, and how they should be transferred.
Why you need a will
This week’s interview on Financial Insider Weekly is with William Mahan, attorney at law. Our interview subject is, "Why you need a will".
How to set and reach family financial goals
This week’s interview on Financial Insider Weekly is with Dick Blakely of The Blakely Group. Our interview subject is, "How to set and reach family financial goals".
What estate planning steps should be done for retirement accounts?
This week’s interview on Financial Insider Weekly is with Raymond Sheffield, attorney at law with the Sheffield Law Office. Our interview subject is, "Estate Planning For Retirment Accounts".
Retirement Plan Alternatives for Closely Held Businesses
This week’s interview on Financial Insider Weekly is with Phil Price, EA of The Price Company. Our interview subject is, "Retirment Plan Alternatives for Closely Held Businesses".
Gift tax break for 2010 may be an opportunity
Under the Economic Growth and Tax Relief Reconciliation Act of 2001, the maximum federal gift tax rate for 2010 is 35%. If Congress does nothing, the maximum rate will return with a vengence to 55% in 2011, plus an additional 5% surtax for taxable transfers over $10 million until the benefits of lower brackets are phased out.