Wealth Management Planning

American Taxpayer Relief Act

On January 1, 2013, after months of publicized negotiations, President Obama signed into law the American Taxpayer Relief Act of 2012 (ATRA). Leading up to the compromise, much of the debate focused on increasing taxes on the wealthy. While the two sides found middle ground on that subject, the prov[...]

MORE

Understanding the Investment Surtax

A result of the new healthcare legislation, The Affordable Care Act, is that certain investment income will be subject to an additional 3.8% surtax beginning in 2013. As we near the end of 2012, it is important to understand who will be affected by this new tax and how it will be calculated. To w[...]

MORE

Estate Planning for an Emergency

In Case of Emergency Often times the loss of human life is not considered “timely” and the nature of death and how or when it occurs can create a varied level of emotion and stress for those you leave behind. While a long, drawn out battle with illness provides ample opportunity for saying good[...]

MORE

Estate Tax Changes and Dynasty Trusts

As members of Congress debate a possible extension of the tax cuts enacted under President George W. Bush, one major point of contention between the two sides is the future of the estate tax. The 2010 Tax Relief Act increased the estate, lifetime gift, and generation skipping tax exemption from $1 m[...]

MORE