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Jonathan Huber, Attorney At Law | jphuberlaw.blogspot.com Reviews
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Law Office of Jonathan Huber
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Jonathan Huber, Attorney At Law: December 2009
http://jphuberlaw.blogspot.com/2009_12_01_archive.html
Thursday, December 17, 2009. Probate" is a legal process through which assets are passed, typically with at least some court supervision, to a person's heirs. With limited exceptions, Probate is necessary to pass assets which have not otherwise been legally designated to pass to named beneficiaries. A Probate estate will usually include personal property, such as money in the bank, jewelry or a car. It can also include real property, such as the person's home. For more general information on the Probate ...
Jonathan Huber, Attorney At Law: Financial Elder Abuse in the 21st Century
http://jphuberlaw.blogspot.com/2013/01/financial-elder-abuse-in-21st-century.html
Thursday, January 24, 2013. Financial Elder Abuse in the 21st Century. One of the most rampant problems facing seniors today is elder abuse, both physical and financial. Financial elder abuse is particularly insidious because the abuse usually comes at the hands of people trusted most by the victim - family members, friends, and caretakers - and it is difficult to detect. Bills are not being paid. Property is missing or unexplained withdrawals or transfers from bank accounts occur. The elderly person suf...
Jonathan Huber, Attorney At Law: March 2010
http://jphuberlaw.blogspot.com/2010_03_01_archive.html
Monday, March 22, 2010. 2010 Estate Tax Issues. This year is a year of "unknowns" when it comes to Estate Taxes. What is the total Gift and Estate Tax Exemption? Will there be a retroactive tax? Will assets receive a step-up in basis? What is the applicable Gift Tax rate? Under the current law, what will the Gift and Estate Tax Exemption be in the future? But wait, I thought there are NO ESTATE TAXES in 2010? How is a retroactive tax beneficial? What this means is that, in an estate valued at $3.5M, ...
Jonathan Huber, Attorney At Law: January 2011
http://jphuberlaw.blogspot.com/2011_01_01_archive.html
Tuesday, January 18, 2011. New Estate Tax Laws. It has been a while since my post regarding 2010's estate tax uncertainty. Without a doubt, few people - if any - accurately predicted what Congress would do. Not surprisingly, the uncertainty will continue, at least through 2012, when Congress will - hopefully - once again revisit the issue. In the meantime, here are a few of the highlights from the new legislation:. Default estate tax exclusion for decedents who passed away in 2010 is $5M. Because Spouse ...
Jonathan Huber, Attorney At Law: September 2009
http://jphuberlaw.blogspot.com/2009_09_01_archive.html
Wednesday, September 23, 2009. Irrevocable Life Insurance Trusts. Life Insurance is an investment. Like other investments, its value is included in the total value of an estate when an individual passes away. Where the value of an estate exceeds the available estate tax exemption (see below), the excess amount will be taxed at up to 45%! Therefore, if an individual has a large life insurance policy, he or she may unwittingly cause a significant tax liability to his or her estate. An ILIT is an. While it ...
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Jonathan Huber, Attorney At Law
Thursday, January 24, 2013. Financial Elder Abuse in the 21st Century. One of the most rampant problems facing seniors today is elder abuse, both physical and financial. Financial elder abuse is particularly insidious because the abuse usually comes at the hands of people trusted most by the victim - family members, friends, and caretakers - and it is difficult to detect. Bills are not being paid. Property is missing or unexplained withdrawals or transfers from bank accounts occur. The elderly person suf...
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