Download available below of Brian Lebensburger's Power Point Presentation on the Current Estate Tax Proposal that is Before Congress- given on October 20, 2021- Please see caveat and disclaimers- for informational purposes only and not legal advice. ...
August 23, 2021 Charles E. Muller II, Esq Acts 3/1/21 Senator Warren, Ultra-Millionaire Tax Act 3/25/21 Senator Sanders, For the 99.5 Percent Act 3/27/21 Senator Van Hollen, Sensible Taxation and Equity Promotion Act of 2021...
One of the keys to a successful estate plan is the proper titling of assets. However, sometimes the retitling and transfer of assets can have unforeseen consequences. One such class of assets that deserves special attention are restricted securities. Generally, restricted securities are stock or other equity instruments that are not registered with the Securities and Exchange Commission (“SEC”) and can only be sold if there is an exemption...
Here’s a good tip. Temper your children’s expectations at the earliest possible point about how you want your family business to run after your passing/retirement. Don’t lose out on the opportunity to control and direct those discussions when you are still “calling the shots”. Have those discussions before your children start making their own assumptions and determinations about who will be in charge of the business when you are...
Ah, the good old fashion family business. Ask any estate planning litigator their thoughts about how best to pass down a family business, and you might see a smile creep over their face… because they know… Some of the biggest inheritance disputes involve the succession, management and ownership of a family business after the family’s matriarch and/or patriarch who ran the family business dies. Why? Because of the highly...