At the last hour of 2012, Congress made a decision to make permanent the estate tax exclusion amount to $5.12 million (indexed for inflation) and a gift tax rate of 40 percent. Also made permanent was the “portability” of personal exclusions between spouses introduced...
Updating beneficiary information is an important and often overlooked part of Estate Planning and what better time than now to review? Conflicting beneficiary designations can undermine an estate plan, locking it in a Probate Court battle. Case in point: directing...
