How to Use Your Estate Plan to Save on Taxes Even with Interest Rates So Low By: Barry E. Haimo, Esq. November 19, 2020 Due in part to COVID-19 economic recovery efforts, interest rates are at a historic low right now. This has created a number of estate planning...
By: Barry E. Haimo, Esq. December 27, 2018 Will Your Estate Plan Be Impacted by the New Tax Law? It’s Going into Effect This Year This is a big year in tax reform. The Tax Cuts and Jobs Act (TCJA) was passed last year, and taxpayers will feel its effects this...
Can a will or revocable living trust reduce estate taxes? A trust is an incredibly valuable and versatile tool to accomplish many of your estate and business planning objectives. Basically, you create a separate legal entity that owns and administers property...
By: Barry E. Haimo, Esq. May 18, 2015 Do You Need a Trust to Protect Your Assets from Taxes [BEGIN TRANSCRIPT] HAIMO: Trusts are excellent vehicles for the reduction of the estate tax. Being as though the estate tax threshold changes periodically, it’s important to...
