January 1, 2010
Almost no one thought it would ever happen when 2009 began, but, as scheduled, the federal estate tax has been repealed beginning today (1/1/2010). Essentially the exclusion amount is now unlimited and the tax rate is 0%. As a result, those dying in 2010 may transfer at death an unlimited amount of property tax free.
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January 1, 2010
Minnesota’s new disclaimer laws go into effect today (1/1/2010). Under the new laws, compliance with the disclaimer requirements was made significantly easier. Three highlights of the new laws include:
The disclaimer under most circumstances does not need to be filed with a court.
The nonprobate and probate disclaimer statutes have been merged into one statutory section.
For Minnesota [...]
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Sample slides for an estate planning presentation
November 6, 2009I recently gave a presentation at Bethlehem Baptist Church on estate planning issues for seniors. The slideshare presentation linked below is a version of the slides I created and used. I’m providing them here in case someone finds it helpful in creating their own estate planning presentation.
As you can see by flipping through the slides, [...]