Monday, February 8, 2010
Estate and Business Planning
Well, 2010 is well upon us and the news from Washington is not encouraging. Their priorities seem to be in areas other than helping families protect their wealth. The Federal Estate tax is repealed but only for 2010. In its place we have the capital gains tax. This all means that if you have not done your estate planning, you must deal with it now. If you have done some estate planning you need to have it reviewed by a QUALIFIED Estate Planning Attorney. Plans that were done by "trust mills" or done through an online document service, could be more dangerous than having done nothing. In these changing times flexibility is the key. Check out my web site for a "Trust Troubleshooter" checklist. Use it to check your own estate plan.
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