WealthCounsel legal support blog provides substantive answers to commonly-asked questions that arise in drafting estate planning documents for individuals and families.
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WealthCounsel Legal Support Blog | wealthcounsel.typepad.com Reviews
https://wealthcounsel.typepad.com
WealthCounsel legal support blog provides substantive answers to commonly-asked questions that arise in drafting estate planning documents for individuals and families.
wealthcounsel.typepad.com
$2 Million QDOT? - WealthCounsel Legal Support Blog
http://www.wealthcounsel.typepad.com/legalblog/2009/01/2-million-qdot.html
Laquo; Gift of REAL Property in Trust? Modest estate in decoupled state - Which marital deduction choice? January 19, 2009. I noticed in the WealthDocs QDOT that some of the language references a $2 Million amount. Is that tied to anything? Is it inflation adjusted or supposed to be tied to the estate tax applicable exclusion amount? Matthew T. McClintock, JD. Posted at 06:17 AM in Marital Deduction. Subscribe to this blog:.
Which marital trust is the "gap" trust? - WealthCounsel Legal Support Blog
http://www.wealthcounsel.typepad.com/legalblog/2008/08/which-marital-t.html
Laquo; Separate SNT, or Subtrust SNT? Standby SNT vs. Conduit Trust? August 19, 2008. Which marital trust is the "gap" trust? We practice in a state that has a separate estate tax exclusion amount (we're decoupled). For that reason, we typically create two marital deduction trusts using WealthDocs's formula language: Marital Trust One, and Marital Trust Two. Under WealthDocs, which trust is the gap trust? And then how are these things administered? But if your state does not allow separate QTIP elections...
WealthCounsel Legal Support Blog: Irrevocable Trusts
http://www.wealthcounsel.typepad.com/legalblog/irrevocable_trusts
October 22, 2008. WealthDocs ILIT - What's so special about February 1st? So Im reading my WealthDocs ILIT and I see a reference to February 1 in the trust. I think this has something to do with hanging Crummey powers, but I dont get it. Believe it or not, . Thats a fairly technical and involved question. Recall that with hanging powers, we want those hanging amounts to lapse to the greatest amount possible as soon as possible. For a more complete discussion on hanging Crummey powers, see the. When a gra...
WealthDocs ILIT - What's so special about February 1st? - WealthCounsel Legal Support Blog
http://www.wealthcounsel.typepad.com/legalblog/2008/10/wealthdocs-ilit---whats-so-special-about-february-1st.html
Laquo; Joint RLT - Deceased Spouse's Share. Gift of REAL Property in Trust? October 22, 2008. WealthDocs ILIT - What's so special about February 1st? So Im reading my WealthDocs ILIT and I see a reference to February 1 in the trust. I think this has something to do with hanging Crummey powers, but I dont get it. Believe it or not, . Previous blog post on that topic. Heres how the hanging powers work in the context of the February 1 lapse date: . Matthew T. McClintock, JD. Subscribe to this blog:.
Joint RLT - Deceased Spouse's Share - WealthCounsel Legal Support Blog
http://www.wealthcounsel.typepad.com/legalblog/2008/09/joint-rlt---dec.html
Laquo; Standby SNT vs. Conduit Trust? WealthDocs ILIT - What's so special about February 1st? September 20, 2008. Joint RLT - Deceased Spouse's Share. I serve often a couple who has a nontaxable estate and who want a joint trust. I find that such couple own the bulk, if not all, of their assets as H and W. The individually owned assets, if any,. The funding work into the joint trust. Matthew T. McClintock, JD. Posted at 09:03 PM in WealthDocx. Subscribe to this blog:.
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WealthCounsel Legal Support Blog
November 10, 2009. Creating a Dynasty Trust in WealthDocx RLT. The term Dynasty Trust means different things to different people. WealthDocx uses the term Dynasty trust to describe a GST Exempt multi-generational common trust for descendants that lasts as long as the rule against perpetuities will allow. This is one of the options for distribution of the Exempt Property when the mandatory division into GST Exempt and Non-exempt shares is selected. Submitted by Lew Dymond, JD. Posted at 04:55 PM in GSTT.
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Thursday, May 31, 2012. Making Tax Saving Gifts, Protecting Assets and Your Personal Rainy Day Fund. 5,000,000 Exemptions Disappearing Fast. APT to the Rescue. First: Comply with State APT. To accomplish this, your first have to comply with the State Asset Protection Trust requirements. See our blog on the Virginia APT requirements. Second: Comply with Tax Requirements. 1) Qualified Independent Trustee. 2) Rules for Distributions or Property Use. You decide who you want to receive the money after your pa...
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Call us today: 571-633-0330. Or send an E-mail:. This email address is being protected from spambots. You need JavaScript enabled to view it. Washington Wealth Counsellors PC. How Insurance Fits into Your Business' Strategic Plan. Weighing Your Business Structure. Controlling Your Destiny with a Buy-Sell Agreement. Taking Care of the Key Executive. Estate Planning for the Business Owner. Preparing for the Future: A Business Owner's Checklist. Estate Tax Saving Strategies. Weighing Your Business Structure.
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