News & Insights
Planning for Year-End Gifts with the Gift Tax Annual Exclusion
October 22nd, 2021
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Estate Planning |
High Net Worth |
Tax
As we approach the holidays and the end of the year, many people may want to make gifts of cash or stock to their loved ones. By properly using the […]
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How to Plan for Succession: Paving the Way for Continued Prosperity
September 17th, 2021
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Estate Planning |
High Net Worth |
Strategy and Planning |
Succession Planning
Proficient chess players begin each game with a clear strategy that prepares multiple moves in advance. While each move is designed to set up the next, a strategic chess player […]
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House Ways and Means Committee Releases Initial Tax Proposals
September 16th, 2021
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Business Tax Services |
Estate Planning |
Financial & Retirement Planning |
High Net Worth |
Tax
On September 13, 2021, the House Ways and Means Committee released draft legislation that proposes a series of tax increases and tax cuts, which will undergo a round of markups […]
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Five Possible Tax Aspects of a Parent Moving into a Nursing Home
August 17th, 2021
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Estate Planning |
Tax |
Tax Credits
If you have a parent entering a nursing home, you may not be thinking about taxes. But there are a number of possible tax implications related to this life event. […]
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There’s Currently a “Stepped-up Basis” If You Inherit Property — But Will it Last?
August 15th, 2021
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Estate Planning |
Financial & Retirement Planning |
High Net Worth
If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for tax purposes. The current rules Under the current fair market […]