Michael Pancheri
Member Since: 04th October 2005
URL: http://www.livingtrustnetwork.com
Occupation: attorney
No of articles: 12
About Me:
URL: http://www.livingtrustnetwork.com
Occupation: attorney
No of articles: 12
About Me:
Legal
Here are some interesting tidbits about the annual gift tax exclusion that you should be aware of: 1. No gift taxes are imposed on the first $12,000 in gifts that you make to any person during 2006. This exclusion from federal gift taxes is known as th...
Here Are Some Interesting Tidbits About the Annual Gift-Tax Exclusion
12th March 2006Here are some interesting tidbits about the annual gift tax exclusion that you should be aware of: 1. No gift taxes are imposed on the first $12,000 in gifts that you make to any person during 2006. This exclusion from federal gift taxes is known as th...
Legal
We know that you can give up to $12,000 per person per year and never pay a federal gift tax - thanks to the annual gift tax exclusion. That is fine if you are writing out a check or just giving cash. But, how can you give someone a house or a business or...
Gifting Real Estate Under The Annual Gift Tax Exclusion
12th March 2006We know that you can give up to $12,000 per person per year and never pay a federal gift tax - thanks to the annual gift tax exclusion. That is fine if you are writing out a check or just giving cash. But, how can you give someone a house or a business or...
Legal
With education costs soaring to all time highs, making tuition payments for grandchildren and others can save lots of money in gift and estate taxes down the road - even if the donor is not alive when the tuition money is actually used. By way of some ...
Prepaid Tuition Costs Can Save Thousands of Dollars in Gift and Estate Taxes
12th March 2006With education costs soaring to all time highs, making tuition payments for grandchildren and others can save lots of money in gift and estate taxes down the road - even if the donor is not alive when the tuition money is actually used. By way of some ...
Legal
Today's baby boomers want more out of their estate planning than just passing along an inheritance to their children. They also want to pass along their values - and they're using incentive trusts to do just that. Incentive trusts do more than protect ...
The New Rage: Incentive Trusts
12th March 2006Today's baby boomers want more out of their estate planning than just passing along an inheritance to their children. They also want to pass along their values - and they're using incentive trusts to do just that. Incentive trusts do more than protect ...
Legal
In an earlier post, we discussed the annual gift tax exclusion and how it works. In summary, we said that you could give up to $12,000 in cash or property to any one person during 2006 and not have to pay a federal gift tax. In fact, you don't even have t...
What Happens If You Give More Than $12,000 To Someone in 2006?
12th March 2006In an earlier post, we discussed the annual gift tax exclusion and how it works. In summary, we said that you could give up to $12,000 in cash or property to any one person during 2006 and not have to pay a federal gift tax. In fact, you don't even have t...
Legal
I have received a number of emails lately about funding a living trust. It's a question that seems to confuse a lot of people because there appears to be several right answers. And, there are several right answers - depending upon your reasons for establi...
When To Fund Your Living Trust - Part I
12th March 2006I have received a number of emails lately about funding a living trust. It's a question that seems to confuse a lot of people because there appears to be several right answers. And, there are several right answers - depending upon your reasons for establi...
Legal
The "rule against perpetuities" is often described as one of the most complicated legal rules ever! It's origin stems from the days of feudal England - some say as early as 1680 - when landowners often tried to control the use and disposition of proper...
Rule Against Perpetuities
16th October 2005The "rule against perpetuities" is often described as one of the most complicated legal rules ever! It's origin stems from the days of feudal England - some say as early as 1680 - when landowners often tried to control the use and disposition of proper...
Legal
It is no secret that people get excited about their pets. And, that feeling does not go away when it comes time to doing some estate planning for the family - because pets are part of the family too! Unfortunately, until recently, there just wasn't a w...
Pet Trusts - Do You Have One For Your Pets?
04th October 2005It is no secret that people get excited about their pets. And, that feeling does not go away when it comes time to doing some estate planning for the family - because pets are part of the family too! Unfortunately, until recently, there just wasn't a w...
Legal
If you haven't taken the time to prepare your estate plan, you're not alone. According to a survey conducted by FindLaw.com, a whopping 55% of Americans haven't even taken the time to have a will prepared, and 67% don't have a living will in case they bec...
Say What? You Don't Have An Estate Plan . . . !
04th October 2005If you haven't taken the time to prepare your estate plan, you're not alone. According to a survey conducted by FindLaw.com, a whopping 55% of Americans haven't even taken the time to have a will prepared, and 67% don't have a living will in case they bec...
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