When Gifting Assets for Estate Tax Planning Purposes, Consider Possible Adverse Income Tax Effects on Your Heirs
Milton D. Jernigan II |
June 2024
A plan of lifetime gifting of assets from one generation to the next is an often used technique to help reduce estate taxes in the estate of the donor, but this strategy may come at adverse income tax costs to the receivers.
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Estate Tax Implication of Funding Buy-Sell Agreement with Life Insurance
Esther A. Streete |
June 2024
Principal, Esther Streete, discusses the Supreme Court Decision in Connelly v. United States involving the application of the federal estate tax to insurance proceeds.
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No basis step-up for assets of irrevocable grantor trust not included in grantor’s gross taxable estate - Rev. Rul. 2023-2.
Esther A. Streete |
May 2023
Estate Planning and Tax Law Attorney, Esther Streete, discusses intentionally defective grantor trusts and the potential affect that it could have on your current estate plan.
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Understanding How Your Assets Are Titled Will Impact Your Estate Planning
Milton D. Jernigan II |
September 2022
Attorney Mick Jernigan discusses the importance of understanding understanding how the titling of different assets within your estate will affect your estate planning options with respect to the control and disposition of those assets.
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The Foundation to an Estate Plan Starts Here
Danielle M. Cruttenden |
January 2022
The process of creating an estate plan, the three encompassing documents, and why it is important.
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2021 Federal and Maryland Estate Tax Law Update
Esther A. Streete |
February 2021
Summary of recent changes in the Federal and Maryland Estate Tax Laws which may affect your existing estate plan.
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Planning for Tangible Personal Property from the Mundane to the Unique
Danielle M. Cruttenden |
December 2019
Danielle M. Cruttenden, Annapolis Estate & Trust Attorney, discusses the importance of a properly drafted Will to help identifying unique assets and carefully considering how best to distribute one’s tangible personal property among beneficiaries.
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