WASHINGTON – Today the IRS announced that individuals taking advantage of the increased gift and estate tax exclusion amounts in effect from 2018 to 2025 will not be adversely impacted after 2025 when the exclusion amount is scheduled to drop to pre-2018 levels. The Treasury Department and the IRS issued proposed regulations which implement changes […]
Read MoreYou are invited to a free public seminar for answers: Monday, August 13th, 2018 at 11:00 a.m. Guernsey County Senior Citizens Center 1022 Carlisle Avenue Cambridge, OH 43725 Do you know how to protect up to one-half or more of your assets and still qualify for Medicaid if you are in a crisis? Do you […]
Read MoreThe IRS has announced that the estate, gift and generation-skipping transfer tax exemption for 2018 will be $11,180,000. The Tax Cuts and Job Act roughly doubled what the exemption was in 2017. However, the exact amount of the exemption was unknown until the IRS published Revenue Procedure 2018-18 which delineates 2018 inflation adjustments. The Tax […]
Read MoreZanesville Estate Planning Lawyers Help Secure Your Future Prudent strategies for asset protection, retirement and succession You’ve worked all your life to build whatever wealth you possess. As you eye your retirement, it’s time to start considering how you can preserve that wealth for your enjoyment and as a legacy for your heirs. Stubbins, Watson, […]
Read MoreLetting your heirs keep more of what you give The Ohio estate tax was repealed effective January 1, 2013, but many Ohioans must still contend with the federal estate tax. As of 2014, the estate tax rate is 40 percent on the wealth of an estate valued at more than $5.34 million. This may seem […]
Read MoreSecuring your legacy for your loved ones One of the great rewards of an industrious and fruitful life is the ability to leave a legacy to your loved ones. Your legacy is both an expression of your love and your final opportunity to provide financial assistance to the people, and even the causes, you care […]
Read MoreThe beginning of a new year is a good time to take a look at your estate plan to make sure it is up to date. Less than half of people actually have any estate planning documents in place and many of those people may have outdated documents. Documents that were created when your children […]
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